kjironman1
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Sounds Like this plan has some uncertainty.
“I just don’t see how it pencils out. Maybe they know something I don’t know, but they’re not saying what that is,” said Scherzinger, who ran Oregon’s Legislative Revenue Office for 14 years.""
"
That’s fine as far as it goes, Scherzinger said. But he’s concerned the ballpark’s backers are overestimating how much money the players will earn and underestimating the interest rates the bond will have to pay.
That could leave the plan hundreds of millions of dollars short, Scherzinger estimates. He’s concerned, too, that baseball’s economics might change considerably over the life a 30-year bond, reducing both salaries and the associated tax revenue.""
Here is the link-
https://www.oregonlive.com/business...ves 2025-04-27&utm_term=Newsletter_exclusives
“I just don’t see how it pencils out. Maybe they know something I don’t know, but they’re not saying what that is,” said Scherzinger, who ran Oregon’s Legislative Revenue Office for 14 years.""
"
That’s fine as far as it goes, Scherzinger said. But he’s concerned the ballpark’s backers are overestimating how much money the players will earn and underestimating the interest rates the bond will have to pay.
That could leave the plan hundreds of millions of dollars short, Scherzinger estimates. He’s concerned, too, that baseball’s economics might change considerably over the life a 30-year bond, reducing both salaries and the associated tax revenue.""
Here is the link-
https://www.oregonlive.com/business...ves 2025-04-27&utm_term=Newsletter_exclusives