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myhousekey
http://sports.espn.go.com/nfl/news/story?id=1801182

QUOTE
NEW ORLEANS -- The state is more than $10 million short of $15 million due to the New Orleans Saints on July 1, because of the crash in tourism after the Sept. 11 attacks.

The payment is part of a $186 million deal worked out in 2001 to keep the team in Louisiana.

It was not clear what will happen if the state cannot meet its side of the agreement.
I really don't like the sound of all this. If the state doesn't pay up soon I'm worried the team could start making demands/threats and the possibility of the team moving to LA could become a grim reality.
Cordo
Yeah, this sucks. Gives the old man a BIG out if he wants it.

On the brighter side, we finalized the signing of Fontenot yesterday.
myhousekey
I was born and raised in New Orleans. I got a job after college in Dallas and have been working/living here since then.
MikesVikes
Can't they make it up with this profit source?

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DocNiner52
Not bustin' on New Orleans but the Jazz did leave town some time ago. Just wouldn't be the same old Saints if they went somewhere else like Albuquerque smile.gif
myhousekey
QUOTE
DocNiner52:
Not bustin' on New Orleans but the Jazz did leave town some time ago. Just wouldn't be the same old Saints if they went somewhere else like Albuquerque   smile.gif 
I'm still trying to figure out why they brought the Hornets to that town. They're bound to change homes again sooner or later.
Cordo
Update:

T-P

BATON ROUGE -- Former Gov. Mike Foster on Monday strongly defended the incentive package he negotiated in 2001 to keep the New Orleans Saints in Louisiana and urged the current administration to make up a predicted $7.1 million shortfall in the $15 million commitment due to the team in July.

Foster said the Saints will provide a net economic benefit to taxpayers across the state, even if the Legislature has to dip into the general fund to cover the shortfall.

"Even with the present situation, the Saints put money in the general fund by virtue of the fact they're here," Foster said. "People in Minden and Shreveport are making money because they're here.
...
myhousekey
Another article today on nola.com regarding the State vs. the Saints.

http://www.nola.com/saints/t-p/index.ssf?/...46434183560.xml
myhousekey
An Update
http://sports.espn.go.com/nfl/news/story?id=1832975

BATON ROUGE, La. -- A $7.5 million payment to the New Orleans Saints was wired to the Superdome commission's bank account Thursday, using a loan from a state economic development fund to fill in the shortfall in Louisiana's annual contract obligation to the NFL team.
Cordo
Saints ticket plan irks Falcon fans

Atlanta Falcons fans who want to see their team play the Saints in the Superdome on Dec. 26 apparently will have to dig a little deeper into their pockets this season.

In order to purchase an individual ticket to that game, fans also must buy a ticket to the Saints' regular-season opener against the Seattle Seahawks on Sept. 12 at the Superdome.
...
...
myhousekey
Latest news....I don't think this is going to end well. The State just doesn't have the money to support this team.
I decided yesterday that if the team were to ever fold or move to LA I'd start supporting the Houston Texans. (Jumping on the bandwagon before they get good wink.gif ) Ideally they'd move to San Antonio and I'd be closer to their games then I am now (in Dallas).

http://sports.espn.go.com/nfl/news/story?id=1897206
Dr. Rock
Los Angeles Saints.. just doesn't sound right.
seminoles
i think they should move to San Antonio or Austin. Even though the Texans just came i really think the saints could still get a TON a people to come to their games
myhousekey
http://www.nola.com/saints/t-p/index.ssf?/...78624258780.xml

Saints want Dome renovation deal
Team would get cash and remain to 2020

QUOTE
The Saints today will launch a campaign for a new long-term agreement with the state that focuses on a Superdome renovation instead of a new stadium, but also continues annual cash inducements for the team in exchange for a commitment to remain in Louisiana through 2020, two sources said.

Under the proposed agreement, sources said the Saints are willing to eliminate all the so-called "out clauses" in the current deal, which allow either side to terminate the agreement before it is completed, if a new deal can be struck.

The plan proposes an economic development package comprising both public and private projects. Among them:

-- A 25-acre tailgate park, stretching along Poydras Street from the Superdome to Broad Street. Cost estimates for the park range from $5 million to $10 million.

-- A state-operated high school football and soccer facility to be built on Six Flags New Orleans property in eastern New Orleans.

-- Development of 8 acres of Jefferson Parish land between the Saints training facility and Zephyr Field on Airline Drive. Benson wants to build a hotel and move the Saints Hall of Fame to the property, which is owned by Jefferson Parish and leased to the state through the Superdome Commission.

-- A sports-themed redevelopment of the New Orleans Shopping Centre mall connected to the Superdome. The project would include an NFL-theme restaurant and team gift shop. A team source said the idea already has been received favorably by Hertz Investment Group of Los Angeles, which bought the property last year.

Super Bowl decision

The Saints plan to propose a Feb. 1 deadline to reach an agreement. That would give the team time to lobby state officials before the legislative session in April and finalize a presentation to bring a future Super Bowl to New Orleans.

New Orleans is expected to compete with Los Angeles, New York City and Washington, D.C., for either the 2009 or 2010 Super Bowl. The league plans to award those games at its spring meeting May 23-26.

The NFL will not award a Super Bowl to New Orleans without a signed long-term agreement, sources said.

The Saints proposal comes as the NFL is studying ways to place a team in Los Angeles. The Saints, Indianapolis Colts and Minnesota Vikings are the franchises most eligible to move because of their current lease arrangements. The 32-team league has no plans to add an expansion franchise.

NFL officials have expressed a desire to have a team in Los Angeles by 2008, meaning a new long-term agreement between the Saints and the state would effectively end the club's potential to relocate to California.
Cordo
QUOTE(myhousekey @ 11/17/04 08:09pm)
http://www.nola.com/saints/t-p/index.ssf?/...78624258780.xml

Saints want Dome renovation deal
Team would get cash and remain to 2020
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I listened to the press conference this afternoon. The thing that struck me most was NO mention of the Saints anteing up any $$, something Blanco is insisting on. And most telling were Benson's brief comments: "Build us a new stadium, renovate the Dome to keep us financially comptetive with the rest of the league, or tell us to leave". Alot of pessimism on 870 tonight. Today is the first day that I am actually starting to think that they will leave.
Wolv
QUOTE(myhousekey @ 11/18/04 01:09am)
http://www.nola.com/saints/t-p/index.ssf?/...78624258780.xml

Saints want Dome renovation deal
Team would get cash and remain to 2020
[right][snapback]561143[/snapback][/right]


U can't get blood from a stone. Yer talking about the poorest state in the nation.....
Bill Swerski
QUOTE(Dr. Rock @ 10/8/04 06:12pm)
Los Angeles Saints.. just doesn't sound right.
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The "Los Angeles Sleaze" sounds much more appropriate.

LA sports fans suck and I hope that they never get an NFL franchise again.
Chief Dick
Just curious, and I mean absolutely no disrespect to Saint's fans:

How much does the team bring in the way of excitement/game day atmosphere to New Orleans?

Does the city's fan base support this team, or is it a case of team ownership overstating their importance to the city in order to get money from the government. Something about this really sits weird in my mind, so I was just wondering what the fans really think about this.
twiley
Saints situation is very bizarre but basically it comes down to this:

The Saints know no politico (ie the governor) can let them go and get re-elected. Therefore they are basically extorting the state for a new stadium, cash, hotels, etc. This causes big problems for the state because the state is broke and has only been bailed out fiscally by two consecutive economic miracles... the tobacco settlement and a medicare ruling that freed up 180 million in non dedicated funds last year. Throw in the fact that rural legislators hate the Saints. Also add the fact that the saints upper management is a bit behind the times (their big economic pitch to save the franchise was a powerpoint slide show yesterday!) and its a big mess.

What will happen is that the state will prob pay for 80% of a renovated dome. The saints will prob reduce their demand for a annul cash payment from the state to keep them here. (The saints are owed between 10 and 23.5 million annually by the state under a deal struck by the last gov, Mike Foster (crazy)).

If nothing is worked out, I believe Benson will sell 49% of the team to a local group and keep 51% for his granddaughter but that's just my opinion. I personally don't think benson would sell to a out of town group unless the governor intentailly pisses him off and makes him look like the bad guy.

The whole thing is nuts esp when you look at the fact that the Redskins, Rams, Jags, Cowboys, Bears etc. all thrive and make money (big and small market) as a pure business venture yet the saints have to go through self created hoops.
Bill Swerski
QUOTE(twiley @ 11/18/04 02:27pm)
Also add the fact that the saints upper management is a bit behind the times (their big economic pitch to save the franchise was a powerpoint slide show yesterday!) and its a big mess.
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Perhaps I'm missing something obvious, but what's wrong with a PowerPoint presentation? How else are they supposed to present an argument? Transparencies? A chalkboard?
twiley
QUOTE(Bill Swerski @ 11/18/04 02:56pm)
Perhaps I'm missing something obvious, but what's wrong with a PowerPoint presentation?  How else are they supposed to present an argument?  Transparencies?  A chalkboard?
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Powerpoint is an effective tool for getting information across but there are other more advance means of selling your point these days. From what I was told, it was basically a point-click-show kind of presentation, hardly a deal maker.
Cordo
QUOTE(twiley @ 11/18/04 02:27pm)
Saints situation is very bizarre but basically it comes down to this:

The Saints know no politico (ie the governor) can let them go and get re-elected. Therefore they are basically extorting the state for a new stadium, cash, hotels, etc. This causes big problems for the state because the state is broke and has only been bailed out fiscally by two consecutive economic miracles... the tobacco settlement and a medicare ruling that freed up 180 million in non dedicated funds last year. Throw in the fact that rural legislators hate the Saints. Also add the fact that the saints upper management is a bit behind the times (their big economic pitch to save the franchise was a powerpoint slide show yesterday!) and its a big mess.

What will happen is that the state will prob pay for 80% of a renovated dome. The saints will prob reduce their demand for a annul cash payment from the state to keep them here. (The saints are owed between 10 and 23.5 million annually by the state under a deal struck by the last gov, Mike Foster (crazy)).

If nothing is worked out, I believe Benson will sell 49% of the team to a local group and keep 51% for his granddaughter but that's just my opinion. I personally don't think benson would sell to a out of town group unless the governor intentailly pisses him off and makes him look like the bad guy.

The whole thing is nuts esp when you look at the fact that the Redskins, Rams, Jags, Cowboys, Bears etc. all thrive and make money (big and small market) as a pure business venture yet the saints have to go through self created hoops.
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You've pretty much nailed it, though I disagree that these are "self created hoops" that they are jumping through. I think it's more due to the atmosphere created by the current business climate and long-standing political machine of southeast Louisiana. And unfortunately, some of the politicians are (wrongly IMO) using the team's poor performance the past few years to stir sentiment that we really don't need an NFL team here. The thing that disappointed me most about yesterday's presentation was that I didn't think the franchise did a good enough job of selling the economic impact the team provides to the city and the state.
Cordo
QUOTE(Chief Dick @ 11/18/04 12:10pm)
Just curious, and I mean absolutely no disrespect to Saint's fans:

How much does the team bring in the way of excitement/game day atmosphere to New Orleans?

Does the city's fan base support this team, or is it a case of team ownership overstating their importance to the city in order to get money from the government. Something about this really sits weird in my mind, so I was just wondering what the fans really think about this.
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For an extremely small market by NFL standards, yes, the team is supported pretty well (35 straight sellouts, which isn't too bad for a team that has not lived up to expectations for 3 seasons now). They do have to work hard at it, and it's now more of a regional team rather than supported strictly by the city of New Orleans. Alot of season ticket holders are from Lafayette LA, Jackson MS, Mobile AL, and the FL panhandle (all several hours or more driving distance away).

I'm sure I'll get alot of disagreement on this, but I would put forth that the Saints are MORE important to the city of New Orleans than most larger market teams. And it goes way beyond just the "game day atmosphere". When this team is winning, there is an excitement and electricity in the air that is really hard to describe.

But back to your premise -- no, I absolutely disagree that the ownership is overstating the team's importance to the city. I believe that they truly want the team here, but are not going to do so at a competitive disadvantage.
twiley
QUOTE(Cordo @ 11/18/04 03:49pm)
You've pretty much nailed it, though I disagree that these are "self created hoops" that they are jumping through.  I think it's more due to the atmosphere created by the current business climate and long-standing political machine of southeast Louisiana.  And unfortunately, some of the politicians are (wrongly IMO) using the team's poor performance the past few years to stir sentiment that we really don't need an NFL team here.  The thing that disappointed me most about yesterday's presentation was that I didn't think the franchise did a good enough job of selling the economic impact the team provides to the city and the state.
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Well thats a good point.

I just have never heard of a private team getting money from the state simply to stay here so just getting mixed up in that is crazy in my mind. I have heard of the state either paying for the stadium or buying the road/infrastructure.

However, now that i think about it the Superdome is a state building so they would have to get involved.

Also in New Orleans as you all know people cant stand big change..."But I love the Dome!" is answer I got from several big saints fans when I said they need a new stadium to remain viable. Not exactly visonary.

Like i said its a mess.
Bill Swerski
QUOTE(twiley @ 11/18/04 04:29pm)
I just have never heard  of a private team getting money from the state simply to stay here so just getting mixed up in that is crazy in my mind. I have heard of the state either paying for the stadium or buying the road/infrastructure.
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The White Sox stuck a deal with the Illinois state government back in '88 or '89 that they'd stay in Chicago if the state guaranteed to make up for any revenue lost if their attendance fell below 25,000 per game. IIRC, that deal went through the late '90s or so.
Savage Beatings
QUOTE(myhousekey @ 5/14/04 08:05am)
http://sports.espn.go.com/nfl/news/story?id=1801182

  I really don't like the sound of all this.  If the state doesn't pay up soon I'm worried the team could start making demands/threats and the possibility of the team moving to LA could become a grim reality.
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Better the L.A. Saints than the L.A. Vikings! unsure.gif
twiley
QUOTE(Savage Beatings @ 11/18/04 05:12pm)
Better the L.A. Saints than the L.A. Vikings!    unsure.gif
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I just read your sigline...CLASSIC. Great cult movie. biggrin.gif
Chief Dick
QUOTE(Cordo @ 11/18/04 04:01pm)
For an extremely small market by NFL standards, yes, the team is supported pretty well (35 straight sellouts, which isn't too bad for a team that has not lived up to expectations for 3 seasons now).  They do have to work hard at it, and it's now more of a regional team rather than supported strictly by the city of New Orleans.  Alot of season ticket holders are from Lafayette LA, Jackson MS, Mobile AL, and the FL panhandle (all several hours or more driving distance away).

I'm sure I'll get alot of disagreement on this, but I would put forth that the Saints are MORE important to the city of New Orleans than most larger market teams.  And it goes way beyond just the "game day atmosphere".  When this team is winning, there is an excitement and electricity in the air that is really hard to describe. 

But back to your premise -- no, I absolutely disagree that the ownership is overstating the team's importance to the city.  I believe that they truly want the team here, but are not going to do so at a competitive disadvantage.
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Thanks Cordo. Exactly what I was wondering.
thmbup.gif
Big John
QUOTE(Savage Beatings @ 11/18/04 04:12pm)
Better the L.A. Saints than the L.A. Vikings!    unsure.gif
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Even with that, would Red Combs still have interest in San Antonio? unsure.gif
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