(11-24-2020, 09:29 PM)Jag149 Wrote: Heck I am in favor of Lot J, improving the stadium BUT...it only works for me if the Jaguars are here. No extension no dollars. Why would they not extend?

Lamping said that an extension would require approval of the rest of the owners, and (he said) the rest of the owners would not approve unless there were substantial improvements to the stadium.  So he sort of deflected blame to the rest of the owners.  

I would start with these questions:

What improvements would need to be made?
How much would it cost?
When would the improvements need to be made? 
What would be the purpose of the proposed improvements?
If the city makes a commitment to making the proposed improvements, would the Jaguars sign a lease extension?  
If the city makes the proposed improvements, would the Jaguars commit to playing all their home games in Jacksonville? 
What is the economic effect on the city of having the Jaguars in Jacksonville?
What would be the economic effect on the city if the Jaguars leave Jacksonville? 

If improvements are made to the stadium for the purpose of increasing the Jaguars' revenue, can Jacksonville support that increase in revenue?  For example, if the idea is to add more sky boxes, can Jacksonville actually fill those sky boxes? 

Teams build these fancy stadiums and make these improvements in order to increase their revenue streams.  So the biggest question I would have is, can a city like Jacksonville actually support such a revenue stream?   Would there be enough corporate demand for suites, would there be enough people with deep pockets and the desire to go to a game and pay ultra-premium prices for tickets?  

Is Jacksonville big enough and rich enough to support this growing monster that is The NFL?

NFL owners share TV revenue equally, and a percentage of the ticket sales goes to the visiting team.  Then, a percentage of all revenues goes to the players.  So a city needs to pull its weight, revenue wise, or the other NFL owners will want that team to move to a city where the revenues are greater.  Because part of those revenues belong to the other owners.  

For example, the Cowboys generate huge revenues, way more than the Jaguars.  And they draw huge TV viewership, also way more than the Jaguars, which impacts the size of the TV contract, which, again, is shared equally.  

So Jerry Jones, justifiably, says, "Why am I subsidizing the NFL in Jacksonville?  It's nothing but corporate welfare, where the rich support the poor.  The Jaguars need to move to a city that is able to pull its weight financially."  

---