$80M in Taxpayer Money For Los Vegas Stadium Naming Rights

[Can_of_corn]

https://www.reviewjournal.com/news/news-columns/victor-joecks/lvcvas-80-million-ballpark-deal-to-las-vegas-51s-is-a-major-league-ripoff/

Quote

Local investors bought the Las Vegas 51s, a minor league baseball team, for $20 million in 2013. On Tuesday, the Las Vegas Convention and Visitors Authority paid a whopping $80 million for 20 years of naming rights for a new 51s stadium in Summerlin.

Quote

At least a dozen major league baseball teams collect less than $4 million a year for ballpark naming rights

 

[NCRaven]

Interesting that the author feels that this might be a way for the convention authority to provide backdoor payments to subsidize construction of the 51's new stadium.

Possible corruption in Las Vegas?  No!  ;-)

[Tony-OH]

4 hours ago, NCRaven said:

Interesting that the author feels that this might be a way for the convention authority to provide backdoor payments to subsidize construction of the 51's new stadium.

Possible corruption in Las Vegas?  No!  ;-)

Something is not right here that's for sure.

[MDtransplant757]

There has to be a type o here somewhere. 

[PaulFolk]

On 10/17/2017 at 6:02 PM, MDtransplant757 said:

There has to be a type o here somewhere. 

Did you purposely make a typo on "typo"?

[MDtransplant757]

4 hours ago, PaulFolk said:

Did you purposely make a typo on "typo"?

Sure...lets go with that