Whoever replaces Fabiani...

Don, anyone willfully avoiding information like you and Bill is ignorant. That's the definition of willful ignorance. Congrats. I hoped you were interested in learning a thing or two.too bad.
— December 5, 2015 5:59 p.m.

Whoever replaces Fabiani...

Cool, wallow in your ignorance, that's the American way.
— December 4, 2015 7:27 p.m.

Whoever replaces Fabiani...

The public hasn't wised up yet. The Giants raised about $400 M from PSLs, Jets $325M, Cowboys over $400M. I didn't believe the 49ers would meet their $500 million goal but they beat it by $31 M. My estimates for the Chargers and Raiders are well below the NFL's combined $800 M figure. I wont be surprised if they beat my estimates. 2 sets of PSLs and the Naming Rights income will top $1 Billion. The tax hit on just these 2 sources of Income would be near $500 M for a privately owned stadium. Do you understand how that's a deal breaker?
— December 4, 2015 7:25 p.m.

Whoever replaces Fabiani...

No Don, the problem is that they and you haven't read the documents and are ignoring the data. There's no logical reasoning or credible source behind those baseless claims. You don't think that's a problem? You don't refute any of my points with facts. Do you think it's reasonable to expect relocation fees to jump from $29 million to $600 million. I can tell you the relocation fee for every move since the AFL NFL merger, it's a 5 second google search. I don't understand people's lack of intellectual curiosity. How do people expect to have an informed credible opinion when they refuse to educate themselves? I wouldn't go on some engineering forum or poetry forum and act like I know what I'm talking about. If there's a topic I'm interested in I make it a point to research the facts. It's not about being right for me it's about basing your opinion on facts instead of belief.
— December 4, 2015 7:13 p.m.

Whoever replaces Fabiani...

Anyone that has the time to post messages on forums or articles like this has the time to read the documents. About half of the Inglewood initiative is maps, it's an easy read.
— December 4, 2015 3:51 p.m.

Whoever replaces Fabiani...

The Raiders and Chargers are moving to Carson, you really need to do your research on that project.
— December 4, 2015 3:39 p.m.

Whoever replaces Fabiani...

A bank financed your home loan but they aren't giving you that money you have to pay it back. The general rule is that the "taxpayer picking up the tab" is considered public funding. That's the NFL's coveted baby. The 49ers Levi's stadium is a great example on the difference between funding and financing. Santa Clara put in $114 million of public funding from their former RDA and other local taxes. This is their total public funding, allegedly. The Santa Clara Stadium Authority borrowed $950 M, a $450 M short term bank note @ 2.19% and a $500 M long term loan from the 49ers which the team secured through Goldman @ 5% and then lent to the SA @ a higher rate. "Gregory Carey, the managing director of Goldman Sachs investment banking division, which led the refinancing, said Friday that the 26-year bond to pay back the construction cost of the stadium will now carry a flat 5 percent interest rate, down from last year's estimate of at least 7 percent. The interest rate for a smaller bank loan is also decreasing from 3.44 percent to 2.19 percent." http://www.mercurynews.com/ci_23414780/49ers-new-… The public is financing $950 million but the 49ers are paying off those loans with revenue from PSLs, naming rights, and annual rent. The Stadium Authority claims that the city of Santa Clara is protected from any liability on this debt but I'm not a lawyer so I'm not going to touch that. All of the $531.5 million (TAX FREE) from PSLs goes towards paying off the SA's loans and those buyers who have to finance their PSL purchase get to do so @ 8.5%. "(Levi's) will pay $220.3 million to the city of Santa Clara and the 49ers over 20 years. The deal calls for the revenue to be split 70-30 between the public agency created to build the stadium and the 49ers." The 49ers annual rent is $24.5 million http://www.mercurynews.com/ci_23198944/levis-stad… Here's the Stadium Authority's preliminary report from last spring. http://www.bizjournals.com/sanfrancisco/blog/2015… I hope this explains what I 'm talking about. What the NFL really wants is public funding that the team doesn't have to pay back. St. Louis and the State of MO are providing about $400 M in funding for the Rams new Riverfront stadium. That's free money that Kroenke isn't going to walk away from and Stan gets all of the revenue from PSls and naming rights and will receive a $200M g-4 grant/loan from the NFL.
— December 4, 2015 3:36 p.m.

Whoever replaces Fabiani...

I know because the Green Bay Packers are publicly owned and their financial statements are available to the public. I've read a few years worth, again you have to read the source documents. Most of the NFL's revenue is shared equally and all of the Patriots data that needs to be substituted in is readily available, that's what they get for running such a high profile business. Financial analysis doesn't get any easier than this because usually the data is hard to find, especially for a privately held company. Any first year intern should be able to handle this simple task.
— December 4, 2015 2:44 p.m.

Whoever replaces Fabiani...

No I'm saying the sports reporters don't understand the difference between a relocation fee and an expansion fee. The last RELOCATION FEE was $29 million charged to the Oilers in 1997. The last EXPANSION FEE was $700 million charged to the Houston Texans in 1998. Does that make sense? By their ignorant calculations an expansion franchise fee would now be $14 Billion which is ludicrous.
— December 4, 2015 2:22 p.m.

Whoever replaces Fabiani...

NFL sets deadline for San Diego, St. Louis, Oakland; L.A. relocation vote expected Jan. 13 IRVING, Texas - The NFL gave officials from San Diego, St. Louis and Oakland a Dec. 28 deadline to present their final proposals to try to keep the Chargers, Rams and Raiders in place. "That's a firm deadline," New York Giants Steve Tisch said Wednesday at league meetings where relocation to Los Angeles was a main topic. NFL officials plan to meet Jan. 12-13 in Houston, and a vote on relocation is expected Jan. 13. http://www.ocregister.com/articles/nfl-694550-rel…
— December 4, 2015 2 a.m.