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Old 05-08-2010, 06:26 PM
 
Location: yeah
5,717 posts, read 16,343,273 times
Reputation: 2975

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To house an NBA team, it would be slightly renovated but it still hosts basketball as is.
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Old 05-08-2010, 09:05 PM
 
Location: Mission Viejo, CA / San Rafael, CA
2,352 posts, read 5,251,611 times
Reputation: 539
Quote:
Originally Posted by Curmudgeon View Post
Are you going to contribute anything pertinent to any of the threads you've infested besides stinkin' thinkin' and a nasty, superior attitude?
Stop following me.
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Old 05-09-2010, 05:10 PM
 
Location: 112 Ocean Avenue
5,706 posts, read 9,625,697 times
Reputation: 8932
Today an Oakland pitcher pitched a perfect game. Not many there to see it. Only the 19th in ML history.
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Old 05-09-2010, 05:21 PM
 
Location: Mission Viejo, CA / San Rafael, CA
2,352 posts, read 5,251,611 times
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Hard to watch baseball (even good baseball) when you're avoiding gun shots in the unemployment line.
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Old 05-09-2010, 09:54 PM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228
Quote:
Originally Posted by Mr. Fantastic View Post
What proof do you have that their return on their investment would be "very lucrative"? Do you have empirical data that you can show to potential investors that would make them open their check books?
Probably the same 'proof' that Lew Wolff(A's owner) had when he first proposed to build a new stadium and retail/housing complex in Oakland.

Do you suppose that the financial backing he found was just pissing in the wind and was just throwing money blindly at the project without first having assurances that they would have a lucrative return?


Quote:
I'm not talking about 5 year/30 year projections, venture capitalist don't invest purely based on projections, they also consider how the company has been trending.
Venture Capitalists can tell you that funding a baseball stadium is much less risky then handing cash over to a start up.

Its ironic that you would bring up VCs.

Quote:
That's probably the reason the owner wants to move the team because he knows no serious investor would get duped into funding a doomed stadium.
He actually wants to move the team because he was unable to get the owners of the adjacent properties to the coliseum to sell to him so he could accomplish the entire project, of which the new stadium was only a part.

Those of us who know the history behind this ongoing story are well aware.

Furthermore,
this time around, we're only talking about a stadium-not a mall, not apartment towers.
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Old 05-09-2010, 09:59 PM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228
Quote:
Originally Posted by Mr. Fantastic View Post
Hard to watch baseball (even good baseball) when you're avoiding gun shots in the unemployment line.
Unemployment Offices are not open on Sunday.

Its like your Bi-Polar.

One second you say something of substance that denotes a real desire to participate in a conversation-then its like a switch flips and you just can't resist a dig.

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Old 05-10-2010, 12:38 AM
 
Location: Mission Viejo, CA / San Rafael, CA
2,352 posts, read 5,251,611 times
Reputation: 539
Quote:
Originally Posted by 18Montclair View Post
Probably the same 'proof' that Lew Wolff(A's owner) had when he first proposed to build a new stadium and retail/housing complex in Oakland.
Then if he has the money, where is the stadium?

Quote:
Do you suppose that the financial backing he found was just pissing in the wind and was just throwing money blindly at the project without first having assurances that they would have a lucrative return?
Really? How do you know? Are you privy to the investment meetings? So far all we know is that the team is being moved, and the chance of having the stadium built in JLS is nil.

Quote:
Venture Capitalists can tell you that funding a baseball stadium is much less risky then handing cash over to a start up.
It depends on the baseball team and the start up.


Quote:
He actually wants to move the team because he was unable to get the owners of the adjacent properties to the coliseum to sell to him so he could accomplish the entire project, of which the new stadium was only a part.
So it's not money, it's just bad planning and project scoping. That's actually worse.
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Old 05-10-2010, 01:46 AM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228
Quote:
Originally Posted by Mr. Fantastic View Post
Then if he has the money, where is the stadium?
I answered that in one of my previous posts.

he was unable to get the owners of the adjacent properties to the coliseum to sell to him so he could accomplish the entire project, of which the new stadium was only a part.

So now he's looking elsewhere, but Oakland still has a shot. You are in no position to say otherwise.


Quote:
Really? How do you know? Are you privy to the investment meetings? So far all we know is that the team is being moved, and the chance of having the stadium built in JLS is nil.
The kind of information used to promote the San Jose stadium is the exact same kind being used to promote a stadium in Jack London Square.

And it turns out that comparing the 2 reports outlining potential economic benefits, the JLS proposal would be more lucrative.

Quote:
It depends on the baseball team and the start up.
Yes and the Oakland A's are in a good position to benefit from a new stadium in Oakland...there is almost universal agreement on that.


Quote:
So it's not money, it's just bad planning and project scoping. That's actually worse.
And now your sophomoric understanding of financing projects further manifests itself.

Money is ALWAYS the most important factor.

Always.

Indeed.
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Old 05-10-2010, 10:11 AM
 
Location: Mission Viejo, CA / San Rafael, CA
2,352 posts, read 5,251,611 times
Reputation: 539
Quote:
Originally Posted by 18Montclair View Post
he was unable to get the owners of the adjacent properties to the coliseum to sell to him so he could accomplish the entire project, of which the new stadium was only a part.
Exactly, bad planning! You obviously have never been involved with large scale investment projects because you seem to gloss over this detail like it doesn't matter. You are a laymen when it comes to this topic and it's painfully obvious.

You never start a project until you evaluate your contingencies. These are questions that needs answers before a single dollar is forked out, if not, you risk losing your money.

Bad planning will go through hundreds of millions of dollars and get nothing done, that's why it's so dangerous. You only need to look at that "new bridge" in the Bay to know how dangerous it can be. Luckily, that's a public works project, and not some idiot investor who is losing their livelihood on that bad planning.


Quote:
The kind of information used to promote the San Jose stadium is the exact same kind being used to promote a stadium in Jack London Square.

And it turns out that comparing the 2 reports outlining potential economic benefits, the JLS proposal would be more lucrative.
This still means nothing. Imagined money is no money at all.

Quote:
Yes and the Oakland A's are in a good position to benefit from a new stadium in Oakland...there is almost universal agreement on that.
No there isn't. It's a highly divisive issue. Two Oakland residents who posted in this thread were against building the stadium because, like any logical citizen, they wondered how it would be built without public funding.

Your only response is "vague details of private funding" which you aren't even privy to the details. Basically, you're either lying, or ignorant of the situation. The only fact we know is that Lew Wolff burned through $124,000,000 trying to move the team to Fremont, and failed once Fremont residents came out in mass against the move. (But I thought it was supposed to be lucrative and everyone would love the A's coming to town? )


Quote:
And now your sophomoric understanding of financing projects further manifests itself. Money is ALWAYS the most important factor.
Right, and Lew Wolff doesn't have enough of it because his team can't attract flies to ... and he blew through too much of it trying to move the team, he will never have enough of it. The chances of a JLS stadium being built are about the same as you having enough investment knowledge to understand why it's not being built.
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Old 05-10-2010, 10:52 AM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228
Quote:
Originally Posted by Mr. Fantastic View Post
Exactly, bad planning! You obviously have never been involved with large scale investment projects because you seem to gloss over this detail like it doesn't matter. You are a laymen when it comes to this topic and it's painfully obvious.
Please, stick to your 401k.

This is something above your head.


Quote:
Bad planning will go through hundreds of millions of dollars and get nothing done, that's why it's so dangerous. You only need to look at that "new bridge" in the Bay to know how dangerous it can be. Luckily, that's a public works project, and not some idiot investor who is losing their livelihood on that bad planning.


This still means nothing. Imagined money is no money at all.

No there isn't. It's a highly divisive issue. Two Oakland residents who posted in this thread were against building the stadium because, like any logical citizen, they wondered how it would be built without public funding.

Your only response is "vague details of private funding" which you aren't even privy to the details. Basically, you're either lying, or ignorant of the situation. The only fact we know is that Lew Wolff burned through $124,000,000 trying to move the team to Fremont, and failed once Fremont residents came out in mass against the move. (But I thought it was supposed to be lucrative and everyone would love the A's coming to town? )


Right, and Lew Wolff doesn't have enough of it because his team can't attract flies to ... and he blew through too much of it trying to move the team, he will never have enough of it. The chances of a JLS stadium being built are about the same as you having enough investment knowledge to understand why it's not being built.
So perhaps Lew Wolff and Oakland deserve each other.


Bottom line is you think a new stadium in Oakland is a bad idea and I think its an awesome idea.
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