Twins stadium to be approved ...
The Twins stadium plans have been
From the star tribune:
A House-Senate conference committee this morning tentatively approved a new $522 million stadium for the Minnesota Twins, and Democrat and Republican leaders said the project likely had enough votes to pass on the House and Senate floor.
The entire article:
http://www.startribune.com/587/story/442967.html
I am very excited about this. With all the backlash about the public paying for this, as a baseball fan I am happy. Bring on outdoor baseball!
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28 comments
Comments
As a future resident of Hennipen county
by limozeen on May 19, 2006 3:50 PM EDT reply actions 0 recs
corporate welfare
by sanchez101 on May 19, 2006 4:36 PM EDT reply actions 0 recs
Read the bill before you mouth off
In essence, the county's portion is just like any other bonding bill for roads, infrastructure, schools, and even land for corporate campuses like Best Buy. The stadium leads to growth for Hennepin County that increases its revenue by much more than the small local tax it imposes on those who do business in the county. With the extra revenue, it gets to build more roads, better schools, hire better teachers, etc. This is an investment that will more than pay for itself within a year.
And the county gets to own the building and the land, which grows in value over time. The Pohlads pay for the maintenance of the building, and in exchange for their contribution, get parking and concession revenue, something they've never gotten much of in the Humpty Dumpty Dome.
Also, the county gets a 33 % stake in a sale of the team within 10 years of buiding the stadium, acknowledging that the franchise will appreciate after the stadium is built.
When all is said and done, Pohlad pays $139 million for his team to increase in value by $139 million. The only thing he gets out of it is an ability to increase his payroll by an estimated 20 percent, whcih should allow the team to compete. He does not get rich off of this. In fact, he's already spent a million dollars a year in political action and lobbying in the 14 years of trying to get out of trying to play baseball in the corner of a football stadium.
by cmathewson on May 19, 2006 6:31 PM EDT up reply actions 0 recs
Ok
by sanchez101 on May 19, 2006 8:18 PM EDT up reply actions 0 recs
i know nothing about the situation
If all of the 2nd and 3rd paragraphs are true, this stadium would have been built 5 years ago, IMO.
by ohad on May 19, 2006 10:42 PM EDT up reply actions 0 recs
Four years ago
The problem is, most people don't know the civics of public funding. The same legislative session approved a $1 billion bonding bill for infrastructure and other building projects. All those projects are designed to either keep companies in the state or help them grow. That commerce allows for a stronger tax base by providing jobs for Minnesotans. The tax base more than pays for taxes allocated to the interst on the bonds. It's the only way this state raises revenues without raising taxes. Yes, it benefits the companies, and the billionaire owners of those companies, but it also benefits working stiffs and their families.
This stadium bill is a county version of a bonding bill. It will result in thousands of jobs for Hennepin County that would be lost if the Twins moved to Las Vegas, which is a real possibility unless a stadium is built. And because ballplayers make up several f those jobs, the average salary for those poeple is more than $200,000. The taxes gained from having those taxpayers inthose counties, with their large homes, is the way Hennapin County can continue to upgrade roads and other infrastructure.
This is not a gift for an owner. The owner doesn't get any assets from the deal. Nor can he gain any value from a sale of the team that the deal allows. The county owns the asset and will get the estimated appreciation on the franchise from any sale of the team.
by cmathewson on May 20, 2006 10:08 AM EDT up reply actions 0 recs
What will they play on?
by colinadam on May 19, 2006 4:38 PM EDT reply actions 0 recs
grass
Grass is the field surface.
The only downside to this stadium, other than the fact that the public will pay for it, is the lack of a retractable roof. Still, its better than the dome.
Also, interestingly, as I believe another poster on this site said before, if the Twins sell the team the county gets something like 18% of the sales price. Also, a portion of the funds from the sales tax increase will go towards youth sports and libraries in hennepin county.
by dbimberg on May 19, 2006 4:43 PM EDT up reply actions 0 recs
Countdown...
Remember why the built the Metrodome in the first place?
by lombardizzy on May 19, 2006 5:54 PM EDT reply actions 0 recs
I disagree
by eswanson55 on May 19, 2006 6:13 PM EDT reply actions 0 recs
re:
by lombardizzy on May 20, 2006 4:10 AM EDT up reply actions 0 recs
35 degrees
I represent a typical minnesotan.....35 degrees is nothing, thats almost shorts weather :) now if you wanna get down to about 0 or below now we're talking.
35 pfttttttttttttt
New stadium, hip hop hooooray
by hotshotschamp on May 20, 2006 4:51 AM EDT up reply actions 0 recs
then
by eswanson55 on May 20, 2006 5:44 PM EDT up reply actions 0 recs
Metrodome
Also, Pohlad did put up $130 million of his own money to build the stadium, and he is very active in the Twin Cities community in terms of philanthropy. I don't really have a problem with the public helping Pohlad build a stadium, especially since it will keep the team in MN for the long haul. Then again, I've been hoping for a stadium for a long time, so I may be a bit biased.
by MauerPower on May 19, 2006 6:21 PM EDT reply actions 0 recs
Okay,
I'd consider dumping something into the harbor over this.
by steve johnson on May 19, 2006 9:10 PM EDT reply actions 0 recs
That ship has sailed
If not for sports, the only national media the state of Minnesota would get is on the Weather Channel. When you talk to people from other parts of the country, the first thing they talk about regarding Minnesota is how cold it is. The second thing is about our sports teams. The only reason anyone knows about the University of Minnesota is that it's in the Big Ten conference. Similarly, the only time Minnesota gets much coverage nationally is when there's a professional sporting event in the state. Without the infrstructure to at least break even and be competitive in the state, there would be no major league pro sports here. And except for a political or weather story once in a while, Minnesota would be just another fly over state.
I would think there are bigger issues to dump tea into the harbor over, such as government spying, the national debt, Vietnam II, environmental crisis, and political corruption. Stadiums are way down on my list of things to worry about.
by cmathewson on May 20, 2006 10:46 AM EDT up reply actions 0 recs
your reasoning is flawed.
If not for sports, the only national media the state of Minnesota would get is on the Weather Channel.
um, yeah. Silly sayings and platitudes don't help this argument. This type of reasoning is exactly what the stadium commision has been preaching, yet they make these silly assertions. They also preach how it benifits the area economically, yet they give no real evidence other than platitudes, analogy, and enuendo. The burden of proof on these economic issues is squarely on sports teams shoulders, and they haven't done much of anything to meet it.
I would think there are bigger issues to dump tea into the harbor over, such as government spying, the national debt, Vietnam II, environmental crisis, and political corruption. Stadiums are way down on my list of things to worry about.
And this has nothing to do with the stadium issue being discussed. You may enjoy billionaires and millionaire players enjoying a windfall at taxpayer expense, but a lot of us do not.
by steve johnson on May 21, 2006 3:06 PM EDT up reply actions 0 recs
Whatever
You can go down and join the other five people picketing the Governor's residence. I'm choosing to spend what little time I have writing my senators about Iraq, the trade deficit, etc.
by cmathewson on May 22, 2006 11:56 AM EDT up reply actions 0 recs
Oh, and
by cmathewson on May 22, 2006 12:14 PM EDT up reply actions 0 recs
okay....
by steve johnson on May 22, 2006 1:54 PM EDT up reply actions 0 recs
Egads
Interesting.
Look, since you seem incapale of unserstanding the point, let me use smaller words than nonsequitor or strawman, which you don't seem to know how to use properly.
There are more important things to worry about than a 15 cent tax on 20 dollars spent. You lose more than that in the cusions of your couch every week.
And it never ceases to amaze me that people who claim to be fans of a certain team would prefer to see that team leave and become someone else's team than pay a miniscule tax to keep it.
Pick your battles. Or not. I really don't care. If you're so incapable of seeing the big picture through your narrow mind that you would actually protest over a tiny tax that directly benefits your passion, it's not a battle I will pick.
by cmathewson on May 22, 2006 2:57 PM EDT up reply actions 0 recs
Re: Egads
Look, I did, and I was quite particular in not dragging some other irrelavent battle into this like you did.
by steve johnson on May 22, 2006 4:14 PM EDT up reply actions 0 recs
Think rational thoughts, people
I start with two knowns:
1- I want baseball in MN.
2- Realistically, baseball will not continue to exist in MN without partial public financing of a new stadium.
Therefore, I am for financing a stadium.
You can get into the philosophical rights and wrongs of public subsidization, but when push comes to shove, it's pay up or watch the Brewers.
by limozeen on May 20, 2006 9:17 PM EDT reply actions 0 recs
Re: Think rational thoughts, people
Rationally, if we want to keep the Twins where they are, you are correct. A stadium must be built. If not, eventually one of their railroading techniques (moving the team, contracting the team) will take effect.
There's no question that economically, the Twins need a new stadium to participate in the new lucrative baseball economy.
But doesn't it discust you in the least bit that about 20 stadiums will have been built or renovated in the last decade or so under the same social/political techniques as has been levied against the taxpayers of Minnesota? And this all will have been done to line the pockets of owners and players?
by steve johnson on May 21, 2006 3:14 PM EDT up reply actions 0 recs
Doesn't really disgust me.
by limozeen on May 22, 2006 8:18 PM EDT up reply actions 0 recs
Lucrative
What are you a commie or something?
Ths is business. Show me a business that doesn't benefit from from government infrastructure or outright subsidy and I'll show you a third-world business. The Twins are just like any other business that goes to the state and says, "If you don't build something for us, we'll leave for greener pastures." And there are 49 states willing to do what Minnesota isn't. The good news is, at least we don't have to compete with China when it comes to relocation in baseball.
That's how we lost Honeywell. And it's how we'll lose Ford, despite spending billions in today's dollars over the years to keep it. We've spent billions to keep the Northwest hub in the state, and most businessmen I've talked to about it say it's money well spent. And they're all right wing conservatives. None of them will say that Northwest is a good corporate citizen: Just that trasportation is a must and you have to make sacrifices to get it.
If you think there should be no such corporate welfare, move to the only state that doesn't have much: North Dakota. Its population has declined each of the last 10 years. It's almost half of what it was 20 years ago. Because they have so few businesses and such a small population, North Dakota doesn't have the tax base to even try to get businesses to go there. So the latest plan is to turn the state into a national prairie reserve for buffalo. That's progress.
by cmathewson on May 23, 2006 8:42 AM EDT up reply actions 0 recs
One trick pony.
You repeatedly resort to logical fallacy: strawmen, and now ad homenim in order to try to "defend" your weak position in this discussion. What's more your responses and ad-hominems (that means 'personal attack') don't even line up with your accusations. Not liking corporate welfare has exactly zero to do with communism. Look it up.
You've lost this argument, and yet you re-engage it in a quixote'esque fashion with the same old drivel.
That's how we lost Honeywell. And it's how we'll lose Ford, despite spending billions in today's dollars over the years to keep it. We've spent billions to keep the Northwest hub in the state, and most businessmen I've talked to about it say it's money well spent. And they're all right wing conservatives. None of them will say that Northwest is a good corporate citizen: Just that trasportation is a must and you have to make sacrifices to get it.
If you think there should be no such corporate welfare, move to the only state that doesn't have much: North Dakota. Its population has declined each of the last 10 years. It's almost half of what it was 20 years ago. Because they have so few businesses and such a small population, North Dakota doesn't have the tax base to even try to get businesses to go there. So the latest plan is to turn the state into a national prairie reserve for buffalo. That's progress.
yet more strawmen. you really need to look up what this term means. And maybe do some more research into real causation instead of citing the same old lousy defense of throwing tax money around.
by steve johnson on May 23, 2006 11:41 AM EDT reply actions 0 recs
One more time (last one, I promise)
Mostly, I have stated my own position, which you have not attempted to refute. Instead, you have ironically used strawman arguments to call attention to bogus technicalities of my rhetoric. Perhaps you don't understand my rhetoric: I'm merely arguing for my position, which is contrary to yours, yet I think very compelling.
I'll state my position again: Every business in the state gets some assistance for infrastructure, start-up costs, and the like. The bigger the business, the bigger the assistance. I've called attention to MOA, Best Buy, Ford, Honeywell, Northwest Airlines as examples of businesses that got tons of government assistance. Most of these companies have CEOs or chairmen who are very rich men and whose compensation is enhanced by governental assistance.
It's just a fact of doing business in the modern world that companies get as much governmental support as they can and they go where they get the most to make the most money. And I've come to terms with this because it's generally good for the economy. If I was categorically against corporate welfare, I would be a hypocrite because the company I work for directly and indiretly benefits from the infrastructure and other benefits both state and local governments have to offer. Also, the extreme case of a state that refused all corporate welfare for 10 years, North Dakota, is pretty good proof that it's not really an option to be categorically against corporate welfare.
So much for my position. Now, where my positon conflicts with yours, as I have duplicated verbatim, is that I'm not all that bothered by baseball asking for its fair share of the infrastructure costs of doing business. And you are bothered by it. I think it's a drop in the bucket compared to other corporate welfare and it actually does a lot of public good, not the least of which is a healthy tax base for schools and things I really care about.
So there you have it. I have not argued against your position, which is how I can prove I have not used strawman arguments. I have only argued for my own position, and I've shown where our positions conflict, which should be pretty obvious by now.
That is all I have to say about that.
by cmathewson on May 23, 2006 1:09 PM EDT up reply actions 0 recs

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