Quote:
Originally Posted by Rudey
It is generally the case but I don't know enough about hockey and soccer to say that.
The reason it works is that the revenue streams for the luxury boxes usually are tied to the owners and a percentage of the fees from general ticket sales are used to back the bonds for the stadium's construction.
http://www.google.com/search?q=new+s...ri&rls=en&sa=2
I figured I would let you look at the google results if you're really interested. |
Unless it's just not publicized when an owner wants a new stadium, I'm not sure I can agree.
There have been plenty of brand new facilities built in all three major sports over the past 5-10 years that I can think of off the top of my head...and I'm not hearing anything about owners wanting an upgrade from any of them.
I will be willing to bet Jerry Jones, for instance, isn't going to be asking for another new stadium in five years after the completion of, most likely, the most luxurious and sophisticated place to watch a sporting event you can get. I can't imagine Cuban asking for a new place for the Mavs to play basketball in anytime soon either. American Airlines is as good as it gets. These are only a couple of examples, but still....
Also, I'm not really seeing many big changes in general seating to luxury box seats and I go to a lot of sporting events in many different places.