OT MLB to PDX: We're talking baseball to PDX (2 Viewers)

[kjironman1]

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

 

[Hoopguru]

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/2025/04/oregon-leaders-go-to-bat-for-ballpark-but-skeptics-say-the-finances-dont-make-a-lot-of-sense.html?e=102ec3810bd8bfbf2c1cd3675c2d4067&lctg=5e99b0fbfbeac93614c62e3c&utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter_exclusives 2025-04-27&utm_term=Newsletter_exclusives

Polluted and Earthquake hazard site along with the interest concern...certainly shouldn't have been missed by PDP?
I wonder just how interested the younger generation will be in baseball in 10-15 years?

 

[THE HCP]

Polluted and Earthquake hazard site along with the interest concern...certainly shouldn't have been missed by PDP?
I wonder just how interested the younger generation will be in baseball in 10-15 years?

Or TOMORROW

 

[Phatguysrule]

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

When I was doing napkin calculations this is what I was seeing. It just doesn't pencil out. I'm obviously no expert, but it's interesting that this confirms my suspicion.

But maybe they're hoping a potential owner can make up the difference? Or maybe they have a smaller bond measure in mind for when we get closer?

(I didn't account for inflation, so maybe that's the difference?)

 

[Hoopguru]

Why would players and teams want to pay for a stadium in Portland? You think thats what SLC will do? Or Vegas?

 

[RR7]

Why would players and teams want to pay for a stadium in Portland? You think thats what SLC will do? Or Vegas?

I could definitely be wrong, but I don't think there's an additional tax on players. It's just redirecting where their specific tax dollars would go.

 

[Hoopguru]

I could definitely be wrong, but I don't think there's an additional tax on players. It's just redirecting where their specific tax dollars would go.

Your are correct I was wrong. Instead income from tickets, concessions, media as you say would be re-directed. Could that represent lost revenue to smaller local business/vendors?

 

[BigGameDamian]

 

[Phatguysrule]

Your are correct I was wrong. Instead income from tickets, concessions, media as you say would be re-directed. Could that represent lost revenue to smaller local business/vendors?

No, because that revenue would never exist if we don't bring in a new franchise.

 

[GoZers]

Or TOMORROW

MLB had its highest attendance in 7 years last year. Revenue and payroll have never been higher. 2024 World Series most watched since 2017. They have changed some rules to address length of games, the number one issue. It has been very successful and fans, players, teams have all been happy with the new rules. According to Forbes, the average age of an NBA fan is 49. MLB is 51. Its the 2nd most played sports by kids, behind basketball. Although a small decrease in participation happened with basketball in the most recent trend, while baseball went up. I think non-baseball people just cant wrap their heads around liking baseball, because they think its boring. But overall, almost every MLB city has tremendous fan support and great ballparks that consistently get solid attendance. MLBs are continuing to raise their value every year.

 

[THE HCP]

But overall, almost every MLB city has tremendous fan support and great ballparks that consistently get solid attendance.

I travel the country for work year round…..the above words are flat out NOT correct. Sorry FAMS!

 

[Hoopguru]

No, because that revenue would never exist if we don't bring in a new franchise.

diverting player taxes to fund a stadium in Portland could negatively impact small businesses, as it could shift public spending away from other sectors and potentially increase costs for businesses already struggling in the local economy.
Here's why:

• Shifting Discretionary Spending:
  A stadium can draw crowds and increase business for businesses directly related to the stadium, but it may also divert spending away from other local businesses that rely on similar discretionary income.
• Increased Costs:
  While the stadium may bring economic benefits in the short term, the long-term costs of infrastructure upgrades, potential property value changes, and other related expenses could impact small businesses negatively.
• Economic Studies Question Benefits:
  Economic studies often suggest that sports stadiums don't provide a positive return on public investment and may even have negative impacts on the broader economy, including small businesses.
• Potential for Displacement:
  Stadium development can sometimes lead to displacement of existing businesses, particularly in areas where land is expensive and development pressures are high.
• Focus on Specific Benefits:
  The main beneficiaries of the stadium are likely to be the team owners, players, and those directly involved in the construction and operation of the stadium, while other businesses may face increased competition, higher costs, or a shift in customer spending patterns.The finances of major-league baseball in Portland - Oregon Live
  Economic benefits of a stadium may be overstated. Supporters envision a transformative economic project that could re...

 

[kjironman1]

diverting player taxes to fund a stadium in Portland could negatively impact small businesses, as it could shift public spending away from other sectors and potentially increase costs for businesses already struggling in the local economy.
Here's why:

• Shifting Discretionary Spending:
  A stadium can draw crowds and increase business for businesses directly related to the stadium, but it may also divert spending away from other local businesses that rely on similar discretionary income.
• Increased Costs:
  While the stadium may bring economic benefits in the short term, the long-term costs of infrastructure upgrades, potential property value changes, and other related expenses could impact small businesses negatively.
• Economic Studies Question Benefits:
  Economic studies often suggest that sports stadiums don't provide a positive return on public investment and may even have negative impacts on the broader economy, including small businesses.
• Potential for Displacement:
  Stadium development can sometimes lead to displacement of existing businesses, particularly in areas where land is expensive and development pressures are high.
• Focus on Specific Benefits:
  The main beneficiaries of the stadium are likely to be the team owners, players, and those directly involved in the construction and operation of the stadium, while other businesses may face increased competition, higher costs, or a shift in customer spending patterns.The finances of major-league baseball in Portland - Oregon Live
  Economic benefits of a stadium may be overstated. Supporters envision a transformative economic project that could re...

Increased costs is a non issue with the location being in downtown. That is not going to increase costs to people in the areas it is suggesting.

Again economic studies are not relevant to this being in the broader community outside the metro area.

Not sure how the "Displacement" argument comes in either.

This whole post seems like a huge reach.

 

[GoZers]

I travel the country for work year round…..the above words are flat out NOT correct. Sorry FAMS!

If you say so.

 

[Hoopguru]

MLB had its highest attendance in 7 years last year. Revenue and payroll have never been higher. 2024 World Series most watched since 2017. They have changed some rules to address length of games, the number one issue. It has been very successful and fans, players, teams have all been happy with the new rules. According to Forbes, the average age of an NBA fan is 49. MLB is 51. Its the 2nd most played sports by kids, behind basketball. Although a small decrease in participation happened with basketball in the most recent trend, while baseball went up. I think non-baseball people just cant wrap their heads around liking baseball, because they think its boring. But overall, almost every MLB city has tremendous fan support and great ballparks that consistently get solid attendance. MLBs are continuing to raise their value every year.

I really hope baseball comes and makes it here. Not sure I'll be around but It would be a good addition to the community. The stadium shouldn't hold more than 33K as for many mid week home stand's they will only get 10-15K if that. I have grandkids playing and all my son's and daughters played bb & sb. They like playing it but to get them to want to watch a whole game either on tv or live is very tough. Many parents & kids now that take ball serious are already playing weekend tourneys and weekday games. Im now attending at least 3-5 bb& sb games a week and thats only about 1/3 when you consider tournaments.

 

[THE HCP]

If you say so.

I AM saying so. I work in probably about 10 different MLB parks over the course of the summer and while some are nice and maintained, they sit half empty the others are shit holes. You completely made that statement up. It’s cool to be a fan of the game, but cmon FAMS!

 

[THE HCP]

If you say so.

I also know that regional broadcasts of MLB games has been crashing. Shit I work on em and here the talk in meetings. I also haven’t seen kids playing baseball in the streets in at least 30 years. Just ain’t happening. Basketball, football and soccer yes. The baseball pickup games are no longer.

 

[superfly4201]

I also know that regional broadcasts of MLB games has been crashing. Shit I work on em and here the talk in meetings. I also haven’t seen kids playing baseball in the streets in at least 30 years. Just ain’t happening. Basketball, football and soccer yes. The baseball pickup games are no longer.

Mariners put a shit product on the field so yes, their viewership is trash, just like the Blazers the past 10 years. Baseball is thriving in the burbs, make it out once in awhile. I’ll buy u a beer and talk shoes. Baseball pickup games wasn’t a thing when I grew up, that’s Sandlot shit from the 50’s. I did play a few pickup whiffleball games.

 

[HailBlazers]

Mariners put a shit product on the field so yes, their viewership is trash, just like the Blazers the past 10 years. Baseball is thriving in the burbs, make it out once in awhile. I’ll buy u a beer and talk shoes. Baseball pickup games wasn’t a thing when I grew up, that’s Sandlot shit from the 50’s. I did play a few pickup whiffleball games.

Was out in Happy Valley last night for soccer (Nelson High School). Walking near the outfield and witnessed a pretty cool walk off homerun (softball). Ton of kids out there practicing, they have four diamonds!

 

[GoZers]

I AM saying so. I work in probably about 10 different MLB parks over the course of the summer and while some are nice and maintained, they sit half empty the others are shit holes. You completely made that statement up. It’s cool to be a fan of the game, but cmon FAMS!

Ok. It’s honor to be in the company of the only person who travels or goes to arenas and stadiums outside of Moda. Baseball has 162 games. They are not going to sell out like a smaller nba arena 41 times - which also doesn’t happen across the entire league.

 

[BoBoBREWSKI]

Ok. It’s honor to be in the company of the only person who travels or goes to arenas and stadiums outside of Moda. Baseball has 162 games. They are not going to sell out like a smaller nba arena 41 times - which also doesn’t happen across the entire league.

162 games total = 81 home games.
just clarifying since you compared to 41 NBA home games.

 

[GoZers]

162 games total = 81 home games.
just clarifying since you compared to 41 NBA home games.

Yes I’m saying that with so many games (162) there’s no urgency to see a game. They play almost every day. Unless the team is crazy good their attendance isn’t going to be sellout or near sellout every day because they play so many and they play games at 1 on a Tuesday.

 

[BoBoBREWSKI]

Yes I’m saying that with so many games (162) there’s no urgency to see a game. They play almost every day. Unless the team is crazy good their attendance isn’t going to be sellout or near sellout every day because they play so many and they play games at 1 on a Tuesday.

Correct. I understand your point.
My point was that you are comparing total MLB games to home NBA games. Not apples to apples. But regardless, the amount of home games for both is a significant difference & like I said I agree with your intention.

 

[THE HCP]

Ok. It’s honor to be in the company of the only person who travels or goes to arenas and stadiums outside of Moda.

I responded to your GUESS, with FACTS? I never once typed anything about anybody else on here and their experience at ballparks around the league. I told you my experience and that offends you?

 

[superfly4201]

I AM saying so. I work in probably about 10 different MLB parks over the course of the summer and while some are nice and maintained, they sit half empty the others are shit holes. You completely made that statement up. It’s cool to be a fan of the game, but cmon FAMS!

Which ones do you consider shit holes? I’ve been to good number and they’ve all been pretty awesome (mariners, giants, dodgers, Padres, cubs, white and Red Sox, yanks and Tigers). I know devil rays and royals are shit but are slated to be rebuilt. Pirates, Rockies, Orioles are parks I’d still like to see.

 

[SlyPokerDog]

I think many of you are making a great argument that the new stadium should be able to hold baseball and football.

And I agree.

 

[kjironman1]

I think many of you are making a great argument that the new stadium should be able to hold baseball and football.

And I agree.

And big concerts!

 

[Hoopguru]

And big concerts!

Concerts can generate good profit margins! Rockin on the River

 

[Natebishop3]

And big concerts!

And American Gladiator contests!

 

[Hoopguru]

And American Gladiator contests!

Bring in 150 Anarchist and 150 maggots. Let them face off in front of 32K. Hand to Hand combat regardless of sex.