Inside Carolina Panthers' $650 million stadium renovations | Pro Football Talk | NFL on NBC
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- čas přidán 23. 06. 2024
- The Charlotte City Council is expected to approve $650 million for the Carolina Panthers' Bank of America Stadium, so Mike Florio unpacks the implications on the community. #NBCSports #ProFootballTalk #NFL
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Inside Carolina Panthers' $650 million stadium renovations | Pro Football Talk | NFL on NBC
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The billionaires got everybody fired up about socialism when the billionaires benefit the most from it.
Socialism for the rich, hard capitalism for everyone else. But it’s the voters who keep them flourishing in truth.
Bingoooooo
@@pinner01voters? How are planted illusory choices the voters fault?
socialsim for the rich, cold hard predatory capitalism for the working class
It’s not even socialism, we are near feudalism. Each billionaire has their own slice and extras the wealth and value from the land and people who inhabit that slice.
Have the tax payers get equity in the team, for shelling out money for new stadiums or renovations. Watch how quickly the owners would open up their own checkbooks instead.
Haha right on
Careful, you're making to much sense.
Charlotte resident here. We voted with our wallets when the stadium was empty last year.
Billionairs Love spending other People's MONEY !
Like Allan Harper 😂
That's why they're billionaires
@@40EastTrill I guess they are billionaires because the most of them inherited their money and had good advisors to make more out of it. With an average salary you won't become a billionaire except if you have a lot of luck. Even if you safe all your money and invest it in good projects.
@@amadeusbender3417 If that's what you want to think. I'm saying that billionaires don't spend THEIR OWN money. That's a rule of business.
@@40EastTrill you are right that they don't like to pay stuff and get support where ever they can. But I doubt that only saying your money and don't spending it makes you automatically a billionaire......
It is already a done deal, that is the way the Uptown Crowd rolls. This has been a solid month of kabuki theater, the illusion of that the public had a say. Oh, and Tepper will never go back to grass.
That $650 million dollars could have gone to help a lot of families and people that need help in Charlotte.
I was a DIE HARD Panthers fan from the first game they played until a couple of years ago. NOT ANYMORE!!! Since Tepper became owner he has run this franchise to the ground!!!
I'm from Charlotte and have been a Panthers fan since the beginning. The people in the region have so soured on David Tepper that many are saying they hope he does move the team. I've never heard of that sentiment anywhere else.
Wow😮
Stop giving billionaires your tax money.
I blame the NFL for selling the team to this guy and seen all the stuff he does and haven’t done anything about it yet. The Carolina’s deserve much better.
Why would politicians give this guy tax payers dollars...well my guess is he gave them money. Politicians and judges are the best thing money can buy.
Jerry Richardson you should’ve just kept that thing in your pants or we would’ve never had to sell to the numb nuts owner we got now, it’s really sad, the Carolinas and Charlotte are beautiful, great people and it’s just sad this is what we are left with an owner who acts like a big baby and fails to take any accountability, I hope someone finds some dirt on him I really do
I often wonder how billionares seemingly escaped playground justic growing up 🤔
Private and home schooling. Their playgrounds were different than ours
Here in Cincinnati, PBS (now paycor stadium) got shot down by voters if I remember correctly.... stadium still got approved and built.
WE VOTED ABOUT THAT HERE IN CHARLOTTE FOR THE HORNETS BACK IN THE GEORGE SHINN ERA. WE VOTED IT DOWN AND THE CITY STILL GAVE THE HORNETS A NEW ARENA AGAINST THE CITY'S WISHES. THEY THINK THEY KNOW MATH BETTER THAN WE DO.
I completely agree with you. Same thing just happened in Jacksonville. The taxpayers are paying most of the 1.4 billion to renovate the stadium and surrounding area. When Shad Khan is worth 12 billion dollars.
EverBank Stadium is publicly owned unlike Bank of America Stadium, but I agree. Khan could've easily funded those renovations on his own dime.
I don't think the league would give Tepper approval to relocate to another state, considering the controversy from the last relocation involving the Rams, and subsequent payout to the city of St. Louis. And Tepper isn't necessarily in the good graces of fellow NFL owners either. As a matter of of history, the one team that was blocked from moving was the Minnesota Vikings in 2003. Then owner Red McCombs was threatening to move the franchise to San Antonio if he didn't get a publicly funded new stadium, but the federal courts filed an injunction on any move, and the league commissioner was preparing to sanction McCombs. McCombs sold the Vikings two years later to Mark and Zygi Wilf, i honestly don't see Tepper owning the Panthers franchise for very much longer.
Why does he not tell his viewers that the money is coming from a fund that's already been setup and taxes have been paid into it for decades already. It's not like new money is having to be generated for the money to be paid out. I think it's fine to question whether public funds should be used for the 0.0001% but this question was ultimately settled when the tax was created, not around this most recent vote. And exactly zero people have articulated an alternative use for the funds so that the public can make a real decision as to what it wants to do with the money. Essentially, if the point is to vote it down, the arguments put forth to actually stop it have been beyond garbage. There's no alternative sales pitch, just whining.
Here’s the alternative: Charlotte should invest in its own infrastructure to actually promote tourism which the fund was setup for. A train that is connected to the city center and airport. Improved roads and more loans for actual small business owners.
Yeah, but we could use it for something else instead of a stupid football stadium and I love football. He’s rich enough to buy it himself. Why not have them put on concerts park something else to draw people in
Absolutely agree, Tepper has been a terrible owner, even including the Rock Hill SC debacle
I think the problem is most people don't think about the revenue that the team brings in for the city is much more than 650 million. One of the members that voted was quoted saying that bank of America brought in 1.5 billion in economic impact yearly so simple math here 1.5 bil> 650 million not to mention the fact that it's a 1 time fee of 650 mil and 1.5 billion yearly but this makes sense and I think if you wanted to you could do a financial analysis to see if the percentage of football fans creat enough revenue per year to warrant the payback of 650 million but without an analysis it seems like a no brainer here
The stadium will be opened everyday like the other stadiums for people to enjoy! I think it’s big for the city of Charlotte
The politicians get to go to games and get to hob knob with rich people.
I’m in Charlotte and I heard someone make the case that maybe tepper wouldn’t move to Texas or where ever……but he could set North Carolina up against South Carolina for the team. It’s not the Charlotte panthers even though we act like it here. He could move it to a city in South Carolina willing to grab the bill.
Would, say, Rock Hill wanna deal with Tepper after the practice facility fiasco?
Would probably be easier to convince people to pay if the product was worth having or watching..which it isn't
Nope. Polls in Jax shows a majority actually approve of the renovation. Last I checked.
Carolina’s owner has enough money to build a state of the art stadium. The owner is becoming the next Daniel Snyder. I hope he sells the team.
He's like Snyder with a nicer stadium despite it opening before Commanders Field opened.
Mike Florio, why haven't you said the Panthers will move to London, like you always say about Jacksonville?
Impossible challenge: Florio not talking out of his ass about the panthers
The problem with the government helping us is we're not wealthy or powerful enough to do them favors later.
That's why Kansas state came in & said don't worry Chiefs, we will pay for it
City should at least counteroffer half of that.
Politicians ignoring voters? Whaaaaaaaaaaat?
Charlotte might have just got Rock Hill’d
This is insane, They just put 40-60M into that stadium like 5 years ago. Why on earth would you invest $650M into this old outdated stadium when in 20 years you are going to build another one. Just build a new one using the $650M and have Tapper put up the other $500M because in 20 years small market stadiums will cost 3-5B which whoever will own the team at that time and that owner will be asking for 75% of the cost to build the new one. He already owes the land across the street from the stadium. Plus Charlotte is having a massive housing issue which needs to be addressed. Taxes have been going up each year by a lot in charlotte which is causing people to move outside the city limits, and guess what they aren't going to drive into the city and pay 50 bucks for parking and insane tickets, food, and drinks inside the stadium. These projects don't bring jobs or help small business like they always clam.
Mike Florio will not let that drink incident go. It’s almost like all of his Panther takes are lead by his opinions about the owner..
I guess it was silly of me to expect that this video would actually talk about the renovations and not just be a rant about Tepper and whatever weird takes Florio has. I’m guessing it’s titled this way because “Mike Florio rants about David Tepper and how cities are funding stadiums” would not get views 🙄
Florio….You don’t have an Office in your House ????? Zoom in Kitchen a Bad Look
I’m a Carolina Panthers fan. I’m no fan of Tepper, but how do you think he became a multi-billionaire? He’s a shrewd investor and he doesn’t spend more money than he has to. I wouldn’t put it past Tepper to pack up and leave which gives him the negotiating leverage. Once these renovations are complete the NFL will most likely give Charlotte a Super Bowl and the city will make most if not all the $650 million back. I’d rather see Charlotte cough up the money now and keep the Panthers in Charlotte.
Didn't Charlotte give Tepper $100 million to buy the MLS expansion team?
Don't the Panthers and the Crown (Charlotte FC) own and operate Bank of America Stadium? If so, they should pay for the renovations with their own money and not take a dime of public funds. David Tepper has more than enough money to fund renovations himself.
So glad I don't live in Mecklenburg County!!!! Lol
ion agree with flores often but dawg preachin
Where would he go? St. Louis, San Antonio, San Diego, and any other similar sized city not to mention foreign countries the NFL flaunts.
All three markets would need either extensive renovations to their existing facilities or new venues entirely to make a relocation worth it.
San Francisco told the 49ers to kick rocks. Only diehard 49ers fans complained and said they would never go to Levi’s. It only took a few years of winning for them to forget their pledge. In Santa Clara meanwhile, they did it the undemocratic way all of the citizens of Santa Clara hate having the 49ers and the Mayor suddenly resigned the day after Super Bowl 50.
Absolutely not!
I hope that Carolina doesn't give Tepper jack-💩!!! I want to see the Panthers move to St. Louis (the WORST City for an NFL team). That way the WORST City will get stuck with the WORST owner! They deserve each other!!!
50 years in the same stadium is ridiculous
Packers and Chiefs have done it, and both of their stadiums are well respected in the NFL.
@@HHSGDFootballJPD Both stadiums seem to be in excellent shape as of 2024. The Packers started playing their whole home schedule at Lambeau from 1995 on after some renovations earlier in the decade.
Same thing happens with other businesses. Happened in Ohio with Intel. Why does Intel need to be tossed money ? They don’t need the money. Leverage. Big businesses have it. The NFL is big business and they have it. ALL BUSINESSES WANT FREE MONEY. States and cities keep giving it to them.
Charlotte should not Pay for these Renovations….Tepper has Plenty of $$$$$$
Problem with this take…
1. Tepper has spent $3,000,000,000 plus on the Panthers and Charlotte FC. So he is spending a large sum of money
2. He’s pledging to invest hundred of millions of his own dollars in addition to what he’s asking for from the city
3. He’s already proven with Rock Hill he’s not afraid to pull out of a deal and leave if he feels like, or is, being getting screwed.
4. It would be a big deal if he left. Many fans of the Panthers in both the Carolinas…
5. Most people if they were in steppers shoes would do the exact same kind of thing in trying to find ways for help.
6. The city of Charlotte is already pledging to help the Hornets in renovations and a new practice stadium. So the Hornets get help and the Panthers don’t?
Many important facts being left out of your analysis here…
He might be from the streets some people don’t like to get yelled at lol
I'm going to calculate the amount of money per tax payer would pay and petition to move that amount into the local parks of Charlotte. It's appalling to see "in your face" collusion of corporate and state. David Tepper needs to be accountable for HIS team and HIS stadium. Not me and the 90% of North Carolinians who don't like David Tepper.
You clearly don't understand the economy behind this. Stop talking about politics and gossip and talk about sport
or go to the stadium. I love football but enjoy staying home.
Because the owner can move the team. You say they wont, but they have and they will. CLT already lost the Hornets once, yes they will move. The money is earmarked for this exact thing from tourism funds. It cant be used for other things outside of growing the entertainment and tourism in the area. So why wouldn’t we give it to them. You’re saying who helps us pay our bills. Us paying our bills does not add any value to the city or the area or the restaurants or the hotels or the other ancillary services that benefit from the team. That’s why saying who helps me pay my bills is silly and lazy. You’re smarter than that Mike. This is the cost of doing business and having an NFL team. It just is and trust me, if they leave they aren’t just handing out franchises. And as we learned with the Hornets, we would end up spending more money to get anther team back…
Alright Florio. I’m sick of whatever your beef is with this man. LET IT GO! 😡 It’s just sad at this point. I refuse to look at you or share your content anymore. Grow up just like you are telling Tepper. You start off with “he threw a drink.” Who hurt you bro? 🤦🏾♂️
When EVERY potential market bands together and refuses to hand funds to billionaires the trend will stop. Until then let the leverage games begin.
Look what he did to Rock Hill SC. He shouldn’t be given a dime of tax payers money from North Carolina/Charlotte.
Tepper not getting taxpayer money tho , he don’t know shit what he talking about 😂 they are spending tourism money not tax payer money 🤷🏾♂️ the more you know
This sucks …. I pray he does not move my Panthers …. But idc … you’re worth over 10 billion and want average working people to pay .. lmao
The hornets arena (owned by the city) is getting renovations right now and that news never saw the light of day. So it’s only convenient to talk about this news when it involves a billionaire and the tax dollars are not being spent by the city themselves. It’s a dumb argument. And Charlotte is not a Chicago. Growth is largely on the back of sports and events. Although people think Charlottes food and brewery scene is making people flock here is droves, that’s not the case.
We will pay 650 million to renovate a billionaires stadium. What do we get from it? Cheaper tickets a discount since we are city residents? Oh wait we get absolutely nothing. The billionaire gets to keep all the money from the stadium. We get nada. Makes sense to me. Eat the rich
You will get higher PSL & ticket prices if you want to go to a game, that's something. 🤣
take aged like milk
This guy still gets views 🤦♂️
Did you do any research before speaking on this? It’s paid for by money from the tourism tax fund that has to be spent on tourism and entertainment per state law. The people who visit Charlotte, stay in hotels, etc… paid for this.
You dont live here so let me school you....those
" Renovations " are going to bring more money & opportunities to regular folks in the town....Btw City Council just approved it🤷🏿♂️
This guy doesn't know Charlotte. Just trying to be another to trash talk our team. The tax is coming from hotel revenue. We want better for our team, is that such a big problem?
The approve it now get over it
As a Carolina fan and native, I wouldn't be upset if he moved the team. It's been a painful ride since Tepper took over. It's not the same Panthers team that we were once proud to claim. This has the Charlotte Bobcats written all over it when they took the Hornets away from us.
Move to ATL.
@@itsDarkDream move to Detroit instead
Lifelong Panther fan couldn’t agree more
@@itsDarkDreamSo they can have 2 teams that suck? That's ok.
@@40EastTrill man the whole NFC South has been in shambles since the falcons threw that Superbowl. They cursed us all. If we don't make it I support the falcons because they are our neighbors and I love the Braves.
⚫️🐈⬛🔵
WOmen -throw drinks on men all the itme for being ruyde or obnoxious but a BILLIOAIR edoes it to an obnoxious fan who was CHEERING about a saeriosuly injured player on thei field and suddenly its unacceptable? id BUy Tepper a drnink to do it again
650 million for a stadium is cheap. Tua wants 300 million for himself.
The same goes for Ukraine!!
Spend all that money on an empty stadium the NFL is working to make emptier with international games taking 1-2 home games away. Let the Charlotte Panthers become the Mexico City Panthers or the Frankfurt Panthers. It's what Tepper wants to do anyway.
He should never get any tax money wake up people
As usual corporate welfare. He has 20 billion yet needs a handout. Make them pay it back with interest over 10 yrs
The Panthers are joke the Buccaneers going to win the division again anyway