(09-19-2023, 04:42 PM)p_rushing Wrote:

(09-19-2023, 02:17 PM)NYC4jags Wrote: They literally just began negotiations and have outlined a one year period to negotiate beginning now.

The terms of lease and P/L revenue from a collection of businesses that are proposed to exist adjacent to the stadium are 100% undetermined. Lots of ways that can shake out. 

Profit share from Jags games in the stadium is likely on the table as well - though it will likely move forward in a similar fashion to its current arrangement. If there's wiggle room to get a deal done, they'll find it. Both sides want to make this happen. 

You might be surprised when your assumptions about some supposed greed from Khan turn out unfounded.

It's not an assumption, all owners want an entertainment area around the stadium. It's not so they city can make money, it's so the owner has a year round revenue source. Sure the cities get some taxes but actually owning the property is where the money is.

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Oh? You've seen the plan of development? You've seen a property deed? 
You've read the business plan for each of the businesses who will occupy the as of yet unbuilt buildings and know who they will pay rent to? And you've investigated how that company collecting rent will disperse those lease payments? 

No?

Then it's a [BLEEP] assumption.

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