NOLA Lawmaker Floats Idea of Cutting New Orleans Saints’ Sweetheart Deals – IOTW Report

NOLA Lawmaker Floats Idea of Cutting New Orleans Saints’ Sweetheart Deals

The Advocate-

Louisiana State Rep. Kenny Havard, R-St. Francisville, said Monday morning that he wants to cut millions in state tax dollars, exemptions and credits allocated to the New Orleans Saints, the NFL and any of those groups’ associated facilities that receive funding.

Havard’s announcement comes a day after a group of Saints players participated in a protest during Sunday’s national anthem before their game against the Panthers. Protests were the focus around the NFL on Sunday as players chose different methods to demonstrate after controversial comments from President Trump late last week.

“The very reason (the Saints) have the privilege and opportunity to play professional football while being paid millions is because someone in uniform died protecting their right to do so,” Havard said. “It is a disgrace to the men and woman of this nation and state who have sacrificed so much.”

Havard’s statement didn’t specify the amount of state money that he proposed be diverted from the Saints the NFL. According to a 2015 Forbes story, Saints and Pelicans owner Tom Benson was “set to rake in an estimated $392 million from state subsidies through 2025.”

The report said during the Mercedes-Benz Superdome lease “the state will pay Benson at least $198 million in increased revenue from the Superdome, $142 million in rental payments on property Benson owns, $10 million in bonuses for bringing the Super Bowl to New Orleans and $2.6 million in tax breaks. Benson will get another $40 million from private rent payments to a tower he bought as part of the deal.”

The lease expires in 2025.

more

13 Comments on NOLA Lawmaker Floats Idea of Cutting New Orleans Saints’ Sweetheart Deals

  1. Thanks to the idiotic National Anthem “protests” we are finally shining the spotlight of the NFL scam and all the billions in taxpayer money being funneled into this operation. It would be great to see these spoiled, pampered assholes find themselves in the unemployment line; they are unqualified to do anything, in spite of their phony college degrees.

    Thanks, Colin!

  2. CUT ‘EM ALL OFF!!! Cut off every cent of tax payer funds to those commie bastards! Could you imagine how fast those maggots would starve trying to make it on ticket sales alone to build and maintain their stadiums?

    It would probably end up like the good old days when players had regular jobs as well as playing football.

  3. But… How can they cut off the monies flowing to the people, by leveraging these “public” dollars through “private” enterprise? How can they just destroy the desperately needed economic boosts, that could only be created by washing these “public” dollars through “private” enterprise? That was the reason “the people” had to pay these monies, in the first place. So help them, pigeon drop(pings).

  4. In the old days owners used to own the stadiums and was a primary cost of running the operation. Players would receive salaries after costs were factored. Now days taxpayers pay for the stadium and the players reap the benefit as high salaries. In economics this is known as cost shifting.

  5. For decades, California, and Los Angeles in particular, refused to devote substantial funding for stadiums. This is a major reason the NFL was out of Los Angeles for 20 years.

    This is one of the few good policies California has had over the years. I went to a few Rams games back in the day, and at least half the stadium was rooting for the other team. Many SoCal residents are from somewhere else, and they still followed their old teams. Add the fact that there are numerous other teams and things to do in SoCal year round (UCLA, USC, Dodgers, Angels, Clippers, Lakers, Kings, Ducks, Galaxy, Chivas, beach, hiking, swimming, bicycling, golf, tennis, sailing, power boating, camping, Disneyland, Knott’s Berry Farm, Six Flags, San Diego Zoo, Chargers, and local clubs just to name a few), meant that there was no great outcry to bring the NFL to LA. I love football, but I didn’t miss the NFL in LA.

    Politicians continually claim that professional sports teams are economic boons to an area. Usually, these claims are debunked. The NFL is a private business, and should bear its own costs.

  6. I have never understood how the NFL is a non profit while scooping up great piles of public money to fund their posh playing facilities. About time the light of truth shines on this debacle. They brought it on themselves and it will come back to bite them.

Comments are closed.