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Shad Khan: There might be a "Plan C" for LA

#74

Quote:You are missing the point. It's not like Khan can simply walk away from Jacksonville if he chooses. Breaking the lease is tied to being able to prove the team is losing money. Why would he spend his own money to improve the stadium knowing that those improvements are going to increase revenue? 

 

And it isn't just the scoreboard. It's the new premium seating added in the NEZ
 

Based on the lease, he would have to prove in court that the team has lost money in 3 consecutive seasons.  In order to do so, he would have to open ALL of the books for a judge to review.  The NFL will never allow that to happen, and it would be impossible for him to show a loss for 3 years in a row based on where the team is today compared to when he bought the franchise. 

 

You're right that the scoreboard isn't the only thing.  All told, he's got almost a billion dollars invested in the team itself, and probably another $200 million that he's pumped into the team, facilities, and the local economy, and he's just getting started.  The Shipyards project alone is a billion dollar investment easily.  That ain't chump change.

Never argue with idiots. They drag you down to their level and beat you with experience.
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Shad Khan: There might be a "Plan C" for LA - by FBT - 10-15-2015, 03:39 PM



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