{"id":190524,"date":"2009-11-17T20:33:00","date_gmt":"2009-11-18T01:33:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/11\/17\/when-they-ask-you-money-for-a-stadium\/"},"modified":"2009-11-17T20:33:00","modified_gmt":"2009-11-18T01:33:00","slug":"when-they-ask-you-money-for-a-stadium","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/11\/17\/when-they-ask-you-money-for-a-stadium\/","title":{"rendered":"When They Ask You Money for a Stadium"},"content":{"rendered":"<p>Remember the Silverdome, in Pontiac Michigan, which cost $55.7 million to build, and  was <a href=\"http:\/\/money.cnn.com\/2009\/11\/17\/news\/economy\/silverdome_buyer\/index.htm\">just sold for $583,000.00<\/a>, not much more than a nice house.<\/p>\n<p>Not a bad deal, when you realize that it also includes a sizable lot as well:<\/p>\n<blockquote style=\"color: rgb(0, 0, 102);\"><p>As a result, Leeb said, Pontiac could ill afford to continue paying $1.5 million in annual upkeep for the stadium. With a private owner, the property &#8220;will go back on the tax rolls,&#8221; he explained.<\/p>\n<p>The 80,000-seat Silverdome was the biggest stadium in the National Football League when it was built in 1975 for $55.7 million <span style=\"color: rgb(0, 0, 0);\">[about $220 million in 2009 dollars]<\/span>. The stadium, which sits on a 127-acre plot, is also the former home of the National Basketball Association&#8217;s Detroit Pistons.<\/p><\/blockquote>\n<p>Something should be done about the legalized extortion that pro sports franchises engage in, but I don&#8217;t expect to see this in my lifetime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remember the Silverdome, in Pontiac Michigan, which cost $55.7 million to build, and was just sold for $583,000.00, not much more than a nice house. Not a bad deal, when you realize that it also includes a sizable lot as well: As a result, Leeb said, Pontiac could ill afford to continue paying $1.5 million &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1057,982,983],"tags":[],"class_list":["post-190524","post","type-post","status-publish","format-standard","hentry","category-sports","category-stupid","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190524"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=190524"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/190524\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=190524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=190524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=190524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}