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Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
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Marc Mensa Offline
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Post: #1
Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
Life as a renter & why the oncampus stadium was the only way to truly secure a Big 12 bid….

Every dollar that goes into FedExForum can’t go into Simmons Bank Liberty Stadium. Every dollar that goes into Simmons Bank Liberty Stadium can’t go into FedExForum.

And now, according to my colleague Sam Hardiman, “back-of-the-napkin math would cast doubt at whether there is enough money in the city’s funding package for both of Simmons Bank Liberty Stadium and FedExForum renovations.”

But the reality is the reality. And the reality is that the Grizzlies have to be the priority here. It’s not just the most important franchise in the city — it’s the only one that can leave.




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(This post was last modified: 07-25-2023 07:48 AM by Marc Mensa.)
07-25-2023 07:41 AM
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Eagleonpar Online
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Post: #2
RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
lol smh
07-25-2023 07:44 AM
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Bathtub Gin Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
The numbers for the funding and costs were the same then as they are now, how are they just now coming to this conclusion?
07-25-2023 08:20 AM
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ncrdbl1 Online
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 07:41 AM)Marc Mensa Wrote:  Life as a renter & why the oncampus stadium was the only way to truly secure a Big 12 bid….

Every dollar that goes into FedExForum can’t go into Simmons Bank Liberty Stadium. Every dollar that goes into Simmons Bank Liberty Stadium can’t go into FedExForum.

And now, according to my colleague Sam Hardiman, “back-of-the-napkin math would cast doubt at whether there is enough money in the city’s funding package for both of Simmons Bank Liberty Stadium and FedExForum renovations.”

But the reality is the reality. And the reality is that the Grizzlies have to be the priority here. It’s not just the most important franchise in the city — it’s the only one that can leave.





https://dailymemphian.com/subscriber/sec...um-funding


And as soon as contract allows they will leave for a bigger market.

So take care of the ones that you know will always be here.
(This post was last modified: 07-25-2023 08:23 AM by ncrdbl1.)
07-25-2023 08:21 AM
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Bathtub Gin Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 08:21 AM)ncrdbl1 Wrote:  
(07-25-2023 07:41 AM)Marc Mensa Wrote:  Life as a renter & why the oncampus stadium was the only way to truly secure a Big 12 bid….

Every dollar that goes into FedExForum can’t go into Simmons Bank Liberty Stadium. Every dollar that goes into Simmons Bank Liberty Stadium can’t go into FedExForum.

And now, according to my colleague Sam Hardiman, “back-of-the-napkin math would cast doubt at whether there is enough money in the city’s funding package for both of Simmons Bank Liberty Stadium and FedExForum renovations.”

But the reality is the reality. And the reality is that the Grizzlies have to be the priority here. It’s not just the most important franchise in the city — it’s the only one that can leave.





https://dailymemphian.com/subscriber/sec...um-funding


And as soon as contract allows they will leave for a bigger market.

So take care of the ones that you know will always be here.

Disagree, they’ve had chances to leave before and didn’t. There is going to be another round of NBA expansion which will include Vegas and Seattle, once that happens then the chances of a team relocating shrink dramatically. If there was ever a team that was more in danger of losing its franchise it would be Portland or New Orleans
07-25-2023 08:30 AM
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Claw Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
This article may be "hard-hitting journalism", but it doesn't do any good for any party involved or the city in general.

This should never have been written.
07-25-2023 08:42 AM
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MemTigers1998 Offline
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Post: #7
RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
They’ll slap a new coat of paint on LBMS, replace a few urinals and tell the B12 “we’re ready”
07-25-2023 08:43 AM
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Eagleonpar Online
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
I thought Calkins was now a political writer?
07-25-2023 08:58 AM
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tigerfan39 Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
I noticed that the article never mentioned the $50M that the Grizz/Pera have agreed to put up. Drop in the bucket, but the article seems slanted so that the reader will draw a negative conclusion.
07-25-2023 08:59 AM
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Eagleonpar Online
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 08:59 AM)tigerfan39 Wrote:  I noticed that the article never mentioned the $50M that the Grizz/Pera have agreed to put up. Drop in the bucket, but the article seems slanted so that the reader will draw a negative conclusion.

Not much else going on right now. Click bait time
07-25-2023 09:03 AM
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micman Offline
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Post: #11
RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
They got the $350M estimate (of state dollars) from somewhere. The state is giving Nashville $2B for their stadium.

He's just stirring up click bait because print journalism is going away. He just has to hold out 5 or 7 more years until his kids are done with college and he's 67. And, although he had to split it 18 different ways for all his siblings, I'm sure he inherited some money when his 2 doctor parents died over the last couple years.
07-25-2023 09:03 AM
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EarthBoundMisfit Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
while I enjoy watching the NBA sometimes...the reality is that they're mercenaries.
They'll go to the cities that give them tax break incentives and flashy new arenas.
While I agree keeping a pro franchise is somewhat important, helping our college team reach its maximum potential in acquiring P5 status is even more important.
As Nascar guy said...NBA teams can leave...our University can't and won't.
07-25-2023 09:12 AM
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ncrdbl1 Online
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 08:30 AM)Bathtub Gin Wrote:  
(07-25-2023 08:21 AM)ncrdbl1 Wrote:  
(07-25-2023 07:41 AM)Marc Mensa Wrote:  Life as a renter & why the oncampus stadium was the only way to truly secure a Big 12 bid….

Every dollar that goes into FedExForum can’t go into Simmons Bank Liberty Stadium. Every dollar that goes into Simmons Bank Liberty Stadium can’t go into FedExForum.

And now, according to my colleague Sam Hardiman, “back-of-the-napkin math would cast doubt at whether there is enough money in the city’s funding package for both of Simmons Bank Liberty Stadium and FedExForum renovations.”

But the reality is the reality. And the reality is that the Grizzlies have to be the priority here. It’s not just the most important franchise in the city — it’s the only one that can leave.





https://dailymemphian.com/subscriber/sec...um-funding


And as soon as contract allows they will leave for a bigger market.

So take care of the ones that you know will always be here.

Disagree, they’ve had chances to leave before and didn’t. There is going to be another round of NBA expansion which will include Vegas and Seattle, once that happens then the chances of a team relocating shrink dramatically. If there was ever a team that was more in danger of losing its franchise it would be Portland or New Orleans

They're contractually bound to stay until at least 2029.

As it is the city pays them $4.9 million a year for the next two years and then $6.3 million a year for the final four years of the deal.
07-25-2023 09:41 AM
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Eagleonpar Online
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 09:03 AM)micman Wrote:  They got the $350M estimate (of state dollars) from somewhere. The state is giving Nashville $2B for their stadium.

He's just stirring up click bait because print journalism is going away. He just has to hold out 5 or 7 more years until his kids are done with college and he's 67. And, although he had to split it 18 different ways for all his siblings, I'm sure he inherited some money when his 2 doctor parents died over the last couple years.

Lol
07-25-2023 10:17 AM
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bluecrew Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
The City has taken the University for granted for far too long. Their neglect has damaged what could have been a huge jewel/cash cow for the community. The city’s “leadership” over the last 40 years has been absolutely abysmal.
07-25-2023 10:28 AM
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901yola Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 08:20 AM)Bathtub Gin Wrote:  The numbers for the funding and costs were the same then as they are now, how are they just now coming to this conclusion?

Slow news day. There is no way they did not think this through when they got the total that they are getting from the state... but now all of a sudden it is not enough money for the grizzlies and U of M smh. These tryhards want a OCS so bad smh.
Somebody tell Calkins to hang it up and stop reaching for click bait articles.

Oh yea, the Grizzlies aren't moving either. The league is expanding. The U of M will get in on the next round of expansion hopefully. Smh but the old admin should have listened when the SEC told us what to do back in the 60s.
07-25-2023 10:35 AM
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Marc Mensa Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 10:28 AM)bluecrew Wrote:  The City has taken the University for granted for far too long. Their neglect has damaged what could have been a huge jewel/cash cow for the community. The city’s “leadership” over the last 40 years has been absolutely abysmal.

The city is only going to look out for the city; so in all honesty, its the university’s leadership that’s lacking… they continually get duped into these public/private boondoggles & never act in the school’s best interest. As a result, the school is continually left behind by its peers. It’s pitiful actually. At some point, Charlie Brown has got to eventually realize Lucy is going to yank the football away.
07-25-2023 10:43 AM
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Unionman76 Online
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
calkins being calkins
07-25-2023 10:47 AM
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micman Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
(07-25-2023 10:28 AM)bluecrew Wrote:  The City has taken the University for granted for far too long. Their neglect has damaged what could have been a huge jewel/cash cow for the community. The city’s “leadership” over the last 40 years has been absolutely abysmal.

If we reelect the former mayor that our fans booed so loudly at the Tennessee game, he's certainly not going to do any favors for us.
07-25-2023 10:48 AM
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Marc Mensa Offline
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RE: Calkins: Is there enough cash for the Grizzlies and the football stadium? Maybe not.
Anyone remember the Pyramid and the amenities it was supposed to feature…
glass outdoor elevator
Hard Rock Cafe
Completely interactive
Holograms
Theme parks

& the university had 18 million burning a hole in its pocket that it had been gifted by the state to construct an on-campus basketball facility… that it foolishly handed over to the city.

The Pyramid ended up being built on the cheap & few of the promises made were kept.
(This post was last modified: 07-25-2023 11:03 AM by Marc Mensa.)
07-25-2023 11:02 AM
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