rezzSep 12, 2023

[Joe Mussatto] [OKC] and the Thunder intend to open a new arena in time for the 2029-30 NBA season, if not sooner. The project cost will be a minimum of $900 million…

https://lemmy.world/post/4945564

[Joe Mussatto] [OKC] and the Thunder intend to open a new arena in time for the 2029-30 NBA season, if not sooner. The project cost will be a minimum of $900 million… - Lemmy.world

Show threadBrianTheeBiscuiteer

From an actual article:

The projected cost of the arena will be a minimum of $900 million. Thunder ownership has committed to contribute $50 million.

The city’s news release cited a study that estimated the Thunder’s annual economic impact at $600 million with 3,000 jobs created.

If the taxpayers go through with this they’re moronic cunt monkeys.

Fast-forward five years: They’re moronic cunt monkeys.

OKC unveils plan for new arena to keep Thunder through 2050 - ESPN

Oklahoma City has finalized plans to build a new downtown arena for the Thunder that will keep the team in the city through at least 2050.

ESPN
Sep 12, 2023 at 11:38pmWeb
Show threadutm_sourceSep 13, 2023

In general I think using public funds for private spaces is awful.

But the math changes quite a bit when you compare a football stadium that gets used maybe a couple dozen times a year, and a mixed-use hockey/basketball/lacrosse/concert/etc arena that is consistently booked.