Update on the lease negotiations

[baltfan]

12 minutes ago, TradeAngelos said:

The Angelos family trying to pillage the fanbase and taxpayers even more? You don't say! 

It's always about the money with these lowlifes. ALWAYS. 

That’s a ridiculous statement. For a few years the Orioles had the highest payroll in all of baseball. 

[Going Underground]

4 minutes ago, baltfan said:

They want to model after a successful similar thing in Atlanta. There is also a somewhat similar area in DC.  Everyone is always looking to make more money but I doubt this is just a lining pockets situation especially since there will have to be bids for whatever work and the State will likely have to follow established guidelines for choosing between those bids. 

 

5 minutes ago, baltfan said:

They want to model after a successful similar thing in Atlanta. There is also a somewhat similar area in DC.  Everyone is always looking to make more money but I doubt this is just a lining pockets situation especially since there will have to be bids for whatever work and the State will likely have to follow established guidelines for choosing between those bids. 

I know they have had some discussions with this group about some private equity. All preliminary and don't want to say much more.

Based in Los Angeles, Oak View Group is leading the CFG Bank Arena team in association with Thirty Five Ventures, the investment company of NBA player Kevin Durant and his business partner Rich Kleiman, and recording artist Pharrell Williams.

[Going Underground]

7 minutes ago, baltfan said:

That’s a ridiculous statement. For a few years the Orioles had the highest payroll in all of baseball. 

Never highest but in top 10 but it has been many years.

[Going Underground]

4 minutes ago, Going Underground said:

Never highest but in top 10 but it has been many years.

Stand corrected in 1998 they had the highest payroll.

[baltfan]

19 minutes ago, Going Underground said:

Never highest but in top 10 but it has been many years.

Check 1997.  But true not multiple years. 
https://www.thebaseballcube.com/content/payroll/

[Can_of_corn]

28 minutes ago, baltfan said:

That’s a ridiculous statement. For a few years the Orioles had the highest payroll in all of baseball. 

Attendance back then was almost three times the attendance last season. 

Those teams didn't lose money.

[TradeAngelos]

Just now, baltfan said:

Check 1997.  But true not multiple years. 
https://www.thebaseballcube.com/content/payroll/

Oh great another one. Thought your herd had been pretty thinned out by now, but guess not. 

 

 

 

[webbrick2010]

Why would anyone invest 600 million dollars in downtown Baltimore?

How about fixing the worst school system in the nation.

https://www.zerohedge.com/markets/baltimore-sun-editorial-board-tells-everyone-keep-calm-amid-cre-panic

https://www.zerohedge.com/markets/baltimore-sun-editorial-board-tells-everyone-keep-calm-amid-cre-panic

[Sports Guy]

5 minutes ago, Can_of_corn said:

Attendance back then was almost three times the attendance last season. 

Those teams didn't lose money.

Neither does this one 

[Can_of_corn]

3 minutes ago, webbrick2010 said:

Why would anyone invest 600 million dollars in downtown Baltimore?

How about fixing the worst school system in the nation.

https://www.zerohedge.com/markets/baltimore-sun-editorial-board-tells-everyone-keep-calm-amid-cre-panic

https://www.zerohedge.com/markets/baltimore-sun-editorial-board-tells-everyone-keep-calm-amid-cre-panic

If you teach the kids to math gooder who will come to your casinos?

[Orioles0615]

What happens if the lease isn't actually signed by the deadline?

[ArtVanDelay]

2 minutes ago, Orioles0615 said:

What happens if the lease isn't actually signed by the deadline?

Kevin Brown gets suspended. 

[Frobby]

14 minutes ago, Can_of_corn said:

Attendance back then was almost three times the attendance last season. 

Those teams didn't lose money.

Nor did last year’s team.  

[Going Underground]

14 minutes ago, webbrick2010 said:

Why would anyone invest 600 million dollars in downtown Baltimore?

How about fixing the worst school system in the nation.

https://www.zerohedge.com/markets/baltimore-sun-editorial-board-tells-everyone-keep-calm-amid-cre-panic

https://www.zerohedge.com/markets/baltimore-sun-editorial-board-tells-everyone-keep-calm-amid-cre-panic

Money is invested but does it go to the right places. This is top 100 school districts,because many smaller districts invest more money. 

 

2019:

The Census Bureau last month published an updated breakdown of school districts’ per-pupil funding levels. At $15,168 per student, it showed Baltimore in fifth place among the 100 largest school systems — behind New York, Boston and both Howard and Montgomery counties — two wealthier Maryland suburbs.

[Going Underground]

8 minutes ago, ArtVanDelay said:

Kevin Brown gets suspended. 

Double secret probation. 

Probably would sign a smaller extension but would not get any of the $600 million. I guess would give them more time to get state,federal and private investment lined up.