Quote:I wasn't implying that you don't know how depreciation works.  Obviously, you do. 

 

I think these would be leasehold improvements.   Those would be depreciable, even though they don't own them (in the sense that they cannot remove them and take them with them).   In no way do I see the $20 million for the scoreboards as an item that could be expensed all in one year.   It's not a repair. 

 

I'm not questioning your knowledge.   This is just my opinion. 

 

I would bet the Jaguars capitalize their portion of the payment and the city capitalizes their portion spent.  I just know that you cant have two entities (city and Jaguars) depreciating the same property for the full cost.

 

I was thinking Jaguars expense it all if they consider the money spent on the improvements as a "donation" to the city.  Then the city capitalizes the full cost of the assets.  But I don't know.

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