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Post Info TOPIC: HA, 1/15/07: Upgrades in works for USM venues


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HA, 1/15/07: Upgrades in works for USM venues
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http://hattiesburgamerican.com/apps/pbcs.dll/article?AID=/20070115/NEWS01/701150302

Upgrades in works for USM venues

For those who can afford it, a day at the ballgame now includes much more than a bag of peanuts and a rally cap.

"Premium seating" is the trend in professional and collegiate sports, and as influential fans with deep pockets demand luxe surroundings for their trip to the arena, stadium or ball park, teams and institutions - and the University of Southern Mississippi - are setting hammer to nail....

...While acknowledging that the Golden Eagles have had trouble selling out the stadium as it is, Giannini said he is confident an improved venue would draw fans back out to the games.

"That's why premium seating will really help," Giannini said. "We saw that happening at Ole Miss and (MSU) - as soon as they expanded, people wanted to be part of the new facilities, to be at the games."...

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"The 12 skyboxes being installed at Pete Taylor Park - all of which fans have already claimed for $14,000 to $18,000 per year on five- to 10-year leases - are subsidizing a new press box and restrooms in the dugouts, Giannini said. .

...project is worth about $3 million..."


So, an obvious example of math on the public dole. Income on 12 boxes at 18K/year would cover about 1/2 of the $3million if they had to pay it back over 10 years like an investment by a normal enteprise. This is just a sports organzation scam of the tax payer to get some unfettered income flow.


Combined with the wurl class, first of its kind, never seen before, biggest in da wurl, polymer business park, this is further evidence of shelby's business model: Bring on the Pork.


OM



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