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New Jersey: We will build you a roof


shawn306

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This is a joke. Hey about cutting our taxes first you bunch of d-bags !!!!! :x

I can't wait to leave this state.

N.J. offers to add a stadium roof to keep Jets in state

State ups ante for stranded football team

Wednesday, June 08, 2005

BY MATTHEW FUTTERMAN

Star-Ledger Staff

When Jets owner Woody Johnson gets New Jersey's pitch to make the Meadowlands the permanent home for his football team, state officials said yesterday, he will hear these two important words: "retractable roof."

George Zoffinger, chief executive of the New Jersey Sports and Exposition Authority, said yesterday that, with the demise of plans for a Manhattan home for the Jets, New Jersey will try to nail down a deal for a stadium that not only would serve the Jets and the Giants but could host such events as the Super Bowl and NCAA basketball's Final Four.

"If both teams decide to stay, there is a tremendous opportunity for the state to build a dome on the new stadium, and make its money back on the investment," Zoffinger said. "This can work."

The pronouncement came the day after one of the most tumultuous days in the recent political history in New York. The Jets' five-year quest for a stadium on Manhattan's West Side and the city's campaign to land the 2012 Summer Olympic Games both came crashing down in a classic, New York-style political brawl. Despite backing from New York's Mayor Michael Bloomberg and Gov. George Pataki, the stadium efforts failed in the face of opposition from the state's top two legislators, leaving the Jets with few alternatives once their Giants Stadium lease expires in 2008.

However, Giants officials have said they would welcome the Jets as a partner in the $750 million stadium the team plans to build near the site of their current one. And both teams' owners and acting Gov. Richard Codey plan to make an intense push in the coming weeks to keep the Jets in New Jersey.

"The time for us to act is now, to bring two franchises together; it's an influx of cash and we could build the premier stadium in the entire country," said state Sen. Paul Sarlo (D-Bergen), whose district includes the Meadowlands.

Sarlo said he is opposed to taxpayers paying for the retractable roof, which could cost as much as $200 million, or almost twice the cost of a fixed dome.

Codey said he wasn't ready to commit public money to it but that the idea of a retractable roof is definitely on the table.

"The Giants were not originally enamored of the idea of a roof, but now that the Jets may be involved and the cost would be significantly less, they may be more inclined," Codey said.

John Mara, the Giants chief executive, said his organization wants to play outdoors.

"We would consider a retractable roof, but it doesn't pay for us to incur the additional cost," Mara said. "If the state is willing to pay for it, though, it's something we're willing to talk about."

Jets officials didn't return phone calls seeking comment. Team officials were said to be seething about the collapse of their dream for a stadium in Manhattan, which ended Monday while many of the team's top executives were taking part in a golf outing organized by head coach Herman Edwards.

Industry experts said a stadium with a retractable roof in the Meadowlands would be a gold mine for the two teams: They would cut their expenses and still bring in nearly as much money in ticket and luxury suite sales and advertising.

The teams could jointly sell the luxury suites and high-priced club seats, and the stadium could be built with electronic billboards so the teams could each sell individual sponsorships to rival companies. McDonald's, for example, would be able to sponsor the Giants and buy a sign that, when the Jets played, could turn into a Burger King sign.

"Economically, this is what makes sense," said Robert Tillis, a leading financial consultant to the sports industry. "The only problem is everyone these days wants to own and manage their own building, and the question is: Can these two organizations live with each other? The challenges are more psychological than financial."

The teams' owners -- Johnson and the Giants' Mara and Tisch families -- have a cordial relationship, but the two sides aren't as close as when Leon Hess owned the Jets.

Johnson has rejected the idea of bringing his team back to Queens, and he has lost his Manhattan bid, but he has little appetite for continuing to play in a building that bears another team's name and where the seats are Giants blue and red.

John Mara said he expects a corporation to buy the naming rights to the new Meadowlands stadium and that other issues also could be resolved if Johnson is willing to work with a "crosstown rival."

Experts said Johnson will have to determine the price of a complicated trade-off.

"A team gives up a considerable amount of its identity when it shares a stadium," said David Carter, who teaches at the University of Southern California about the business of sports. "But that can be offset by the major influx of corporate dollars that kind of building is going to attract

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Sorry, but I'll pass. If the West Side fails, it will seem like we're moving into the new Giants Stadium, since it's their plan, and we would be joining them. I don't care what the marquee says, what color the seats are, to me it's Giants Stadium Part Deux.

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I notice how they mention that the teams can sell expensive "club seats", however PSL's were not mentioned (although they never would be until the last minute anyway). If that is the case and we will be paying more anyway, then the Jets should just build their own stadium and distance themselves from the Giants.

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Sorry, but I'll pass. If the West Side fails, it will seem like we're moving into the new Giants Stadium, since it's their plan, and we would be joining them. I don't care what the marquee says, what color the seats are, to me it's Giants Stadium Part Deux.

I agree 100%. We'd still be stuck watching green tarps flap over Giants blue. Pass.

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I notice how they mention that the teams can sell expensive "club seats", however PSL's were not mentioned (although they never would be until the last minute anyway). If that is the case and we will be paying more anyway, then the Jets should just build their own stadium and distance themselves from the Giants.
"IF" <BIG IF ) we stay there with the GIANTS there should be no psl as (A) Both teams would get cash from the NFL as if they were building their own stadium I think it`s like $200,000,000 each team .(B) all the costs would be split plus they`d get their own naming right and advertisement moneys using digital screens © luxorey boxes & club seats times 2 (D) Income from concerts & events cause now they own the place...
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"IF" <BIG IF ) we stay there with the GIANTS there should be no psl as (A) Both teams would get cash from the NFL as if they were building their own stadium I think it`s like $200,000,000 each team .(B) all the costs would be split plus they`d get their own naming right and advertisement moneys using digital screens © luxorey boxes & club seats times 2 (D) Income from concerts & events cause now they own the place...

I hope you are right joisey. As you well know, Woody has socked us with price increases every year since he bought the team. Once he has a real excuse to hold us up, I am afraid he will jump all over it. When I first got my seats, they were $12, now they are $90, with the biggest increases coming from Woody. Put a Super Bowl win on the table and I would be more inclined to pay up.

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