mlbUC Wrote:In 1996, when Cincinnati voted on the stadiums issue, I said I supported it (I wasn't 18 or in Hamilton County so I couldn't actually vote on it). After going to UC and studing some finance, I realized how dumb it was for the city to take tax dollars to build a stadium that will make the owners of the team hundreds of millions of dollars (both in attendance and value of the franchise) while not generally ever seeing a full return on the cost of the stadium in the end. After the overruns and delays the city county paid approximately $750 Million on two stadiums, and they don't even realize the full benefit because Northern Kentucky and the other local counties get a lot of the hotels and restaurant business before and after games.

...and the Cincinnati side of the river still features a big HOLE between the two stadiums.

The HOLE was supposed to have restaurants, townhouses, shops, and PARKING GARAGES underneath, but all we have after ... how many years? ... is one little museum and a giant hole around the museum.

We spent zillions for the stadiums (which are quite nice) but they can't even scrape together enough to build the parking garages so that someone can develop the space above it.

They could issue revenue bonds to raise the money to build the parking garages.... but no one is doing that either.

I like the stadiums, and the North Bank of the Ohio could be really neat, but the city and county are incompetent. They ruin everything.

99 a large number a built with public money but many people always complain. It is ashame we cannot send the astrodome to some other city. we voted down Minute Maid park twice and they still found a way to build it with public money. The public really got juiced on Minute Maid.
The funniest thing about the Oiler deal was the 'Save the Oilers' rally that was promoted for downtown. they were covered extensively in the media and 15 people showed up. 8 of those were the people who put it together.

These owners have driven many of us to college sports. Who really cares about the houston Texans? Not me. I haven't seen a whole game since they got here. As soon as the new wears off reliant will be half empty.