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Turner Field to be sold to Georgia State University
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itsmeagain Offline
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Post: #595
RE: Georgia State's plan for Turner Field challenged
(11-06-2015 11:04 AM)Tennessee_Eagle Wrote:  
(11-06-2015 10:44 AM)StanMolsonMan Wrote:  Here is why I think that won't happen. If our $100 million isn't going toward retrofitting Turner for a football stadium, and building the future Hank Aaron field on Dale Murphy Dr(one can hope about Murph), then Carter's end just shot up astronomically. To retrofit that big of a stadium into condos and shops, their $200 million investment just doubled. I don't know how many business deals I have seen where the big carrot is dangled only to have the small compromises met.

But here is the thing. Let's say it costs 100M to retrofit Turner, you have to privately raise that money and it must be in hand. The Capital Campaign has to designate a specific amount for athletics and the donations have to be made specifically for athletics. Can use student fees but that is already being used for other items it seems. At least that is my understanding from when we built the football ops building.

Someone posted that a portion of the campaign was for athletics. But I don't believe it was anywhere close to 100M if I remember correctly( I realize you probably pulled that number our of a hat so I just went with it)

Believe me, if you guys can state funds for athletics then more power to you because that means we will be building a brand new arena for basketball.

There are these things called bonds which makes it to where you don't have to have all the money in hand.

And regarding you getting the same treatment as us? Come back when you have one of the largest universities in the country. You just can't compare a massive land locked research university in the heart of the biggest city in the SE trying to expand its campus to a rural comprehensive university with less than 30,000 students that can expand outwards as they please. If that were the way it works, then we'd already have a stadium because you do, and you'd have a law school because we do.
(This post was last modified: 11-06-2015 11:14 AM by itsmeagain.)
11-06-2015 11:13 AM
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Re: RE: - panama - 09-16-2015, 10:28 AM
RE: Georgia State's plan for Turner Field challenged - itsmeagain - 11-06-2015 11:13 AM



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