
Originally Posted by
boondocksaint
We all know the city and the Bills are looking to extend a lease agreement and part of that process is determining how much needed upgrades to the stadium will be paid.
Simple Solution...scrap the 200 million needed for renovations and build a new stadium for 1 billion dollars.
Here's my plan on how you make that work (this is just an outlined and most figures are just speculations):
The Buffalo Bills become the Buffalo/Niagara Bills (maybe the Buffalo/Ontario Bills)
The new stadium is funded through a partnership between NYS and Ontario. This will take some political posturing but it could work. The population of NYS is 19 million and the pop of Ontario is 13 million a huge tax pool. I don't think it would be too hard to show Ontario how much they'd benefit from that kind of stadium right across the border
The new stadium is built over looking Niagara Falls (on the American side, of course). This further regionalizes the team making it much easier for Canadian fans to attend (plus this is now partially their team). This also revitalizes Niagara Falls NY and boosts the Candian side of the falls (in many many ways).
The third part of my plan is casino revenue. I would work out a deal where all new casino profits (once the stadium is completed are split with NYS). So if the Seneca nation is making 100 million a year now (pretty accurate) and that increases to 150 million a year once the stadium is constructed 50% of the additional revenue goes to Niagara county/NYS. Over a 10 year agreement that is 250 million back to NYS. Plus NYS allows additional casinos as needed (no additional hotels)
1 billion to build stadium
250 million Ontario (maybe more?)
est 250 million through Seneca Nation (first 10 years)
that leaves 500 million (only 300 million more than the renevations will cost) - not sure what a team typically has to fund but that gets deducted from the 500 million. NYS tax payers get off cheap!
Other benefits:
toronto (5.5 million people) is now only 60 miles from new stadium (concerts, games, events, etc.)
increase in traffic to buffalo and niagara falls airport = increased tourism = more jobs
the region becomes a true destination for games/conventions, final fours, dare i say super bowl etc)
state of art stadium (retractable dome or whatever) a few hundred yards away from one of the true wonders of the world (falls) versus touch ups to the Ralph
indoor water parks, aquariums, new peace bridges, and other projects follow as the stadium becomes the anchor "store" bass pro could never be
10-20 blue jay games playe in NY every year????
WHATTYA THINK???????
once i read: Stadium in Niagara Falls ..... i stopped reading. NF is a dump and gross. Bad idea and you must not be from around here.
In Barkley We Trust!
Future Buffalo Bills 8th overall pick in the NFL draft