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| Future Construction Plans projected income from the future arena
Currently there is a lot of buzz surrounding the building of a 391 million dollar arena ! With the city paying for 255.5 million of the costs. Seriously, the amount of city funding is more than illustrated on the graph! It is actually a majority of the funding. Of course, who doesn't like to watch a good game of Basketball; but to invest so much money into a team that has not played well in a while seems somewhat wasteful. You wouldn't give a employee who sucks a bonus, let alone a multimillion dollar arena.
Should the population of Sacramento pay for these costs via taxation? I hope the future projected revenue is accurate so that the new arena makes income and the Kings team improves so tickets are bought. I hope this new arena allows the people of Sacramento to keep enjoying our team while making a profit.
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2 comments:
Dude that new stadium is insane im pumped to see it get built.
I think think this new area will have a become a great improvement to the Sacramento and surrounding areas. It will open the door to many new opportunities and put Sacramento on the map. I just hope they don't run into any issues with the building plans and get the thing up as soon as possible!
Here is a new article taking about possible delays to development.
http://www.sacbee.com/2012/03/12/4329726/key-cog-in-new-sacramento-arena.html
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