Popular Post Barry McCockinner Posted November 30, 2022 Popular Post Share Posted November 30, 2022 https://www.legalsportsreport.com/91307/addabbo-to-new-york-jets-come-back-to-queens/ Sen. Joe Addabbo wants the Jets back in New York, specifically in Willets Point, Queens. Addabbo, chair of the NY Senate’s racing, gaming and wagering committee, realizes it is a far-fetched idea at this juncture. However, with NYCFC set to build a 25,000-seat stadium in Willets Point that could open in 2027, Addabbo wants officials thinking bigger. He wants them thinking about a 70,000- to 80,000-seat stadium in Queens for Gang Green. The area also could include a casino and an increased presence for NY sports betting. “This is a huge, Herculean longshot, I get that. But I hate missed opportunities.” Sen. Joe Addabbo What Willets Point offers The 61-acre development project in Willets Point is set to include the soccer stadium, 2,500 affordable housing units, and a hotel. Is there room for a football stadium as well? Infrastructure and traffic patterns would have to be addressed, especially with nearby Citi Field and a potential casino project next. “I don’t know if that’s the hurdle you can’t overcome to realize the revenue and jobs that would come with bringing the Jets back,” Addabbo said. “The Jets coming back to New York would be monumental.” Healthy discussion on Jets Addabbo, who also wants to push an online casino bill for the 2023 legislative session, also wants to have a discussion about the Jets coming back to the Big Apple. “If you’re building a stadium — and I know it’s only 25,000 seats — but if you’ve got that kind of incentive to build a stadium, if the opportunity is there with the land and the expiring leases, we can connect the dots, why miss this opportunity?” Addabbo said. “They’d have their own stadium, a newer, more technologically-advanced stadium, with all-new amenities and everything. To go into a brand-new stadium as the New York Jets and the marketing behind it, that just blows it out of the water. “And the original residual effect, at least to me, in terms of online sports betting.” Jets history in NY At the least, Addabbo wants there to be a conversation. The Jets played at Shea Stadium from 1964-83 before moving to East Rutherford, NJ in 1984. They currently share 82,500-seat MetLife Stadium with the Giants. However, the Jets (or Giants) can opt out of the 25-year stadium lease in 2025 if they give the state of New Jersey 12 months notice. “Personally, it pains me to see the Giants and Jets called the ‘New York Jets’ and ‘New York Giants,’ — even with the Giants having ‘NY’ on their helmets — playing in Jersey,” said Addabbo, who was on the City Council during the failed 2004-05 talks for a West Side stadium for the Jets. “It pains me.” Jets sports betting impact Addabbo foresees a possible return of Gang Green further helping the Empire State’s already record-setting online NY sports betting market. NY is coming off $1.54 billion in online sports betting handle last month. Through Nov. 20, NY online sports betting operators have combined for $14 billion in handle, leading to nearly $600 million in tax revenue. “Imagine if New Yorkers actually got to bet an an actual New York football club called the New York Jets,” Addabbo said. “I think it’s that much more of an enticing business that we would have for online sports betting.” Casino plans in New York Mets owner Steve Cohen has continued lobbying efforts for a downstate casino in the Citi Field parking lot in partnership with Hard Rock through New Green Willets. Resorts World NYC was in Addabbo’s former district. As chairman of the racing, gaming and wagering committee, Addabbo has been an advocate for Resorts World NYC. The company is a favorite to receive one of the three downstate licenses, along with MGM Empire City. “I’ll reserve judgment until I see all the submissions,” Addabbo said. “Two in Queens, you’re really going to have to convince the siting board or the gaming commission that long-term this makes sense financially. That it’s not just a novelty. Is it sustainable? I think that’s a hard argument to make.” New York sports betting tax rate Caesars CEO Tom Reeg became the latest executive to criticize NY’s 51% tax rate for online sports betting, when he recently told LSR the structure was “ridiculous.” So far, lobbying and legislative efforts at a reduction while increasing the number of operators have been unsuccessful. Operators knew full-well what they were getting into when bidding on the rate, and they have not been able to change it. “Somebody has to make a credible, realistic argument that tinkering with the 51% is actually going to benefit the state,” Addabbo said. “Because you look at the success of online sports betting, and you go, ‘well, why would you change it? Why would you tinker with that? It’s so successful.’ You want to add something to it. “But if we can talk about it — and I think it’s a healthy discussion — whether you do it or not. But the mere discussion of the tax rate or expanding the operators, this is all a healthy discussion to have in terms of how do you improve an already existing product in online sports betting.” @Maxman 5 4 Quote Link to comment Share on other sites More sharing options...
Popular Post BigRy56 Posted November 30, 2022 Popular Post Share Posted November 30, 2022 YES PLEASE. Time to change the entire narrative around you @WoodyJohnson 10 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Gastineau Lives Posted November 30, 2022 Popular Post Share Posted November 30, 2022 This would make me happier than anything else about this team, even the uniforms. 5 1 3 Quote Link to comment Share on other sites More sharing options...
Popular Post Jimmy 2 Times Posted November 30, 2022 Popular Post Share Posted November 30, 2022 Doesn’t have to be 80,000 seats. 60,000-70,000 is the magic number. Make the seats closer and raises the demand. 7 1 Quote Link to comment Share on other sites More sharing options...
Popular Post ElBarrioJets Posted November 30, 2022 Popular Post Share Posted November 30, 2022 Just the sheer fact that I could take the subway to a Jets game instead of the absolute sh*tshow NJ Transit train would be life changing. 11 1 1 Quote Link to comment Share on other sites More sharing options...
jago Posted November 30, 2022 Share Posted November 30, 2022 yeah saw the soccer field and thought same thing. glad somebodys trying! 3 Quote Link to comment Share on other sites More sharing options...
Popular Post MysticalJet2 Posted November 30, 2022 Popular Post Share Posted November 30, 2022 Getting out of NJ would make me happy regardless of which NY borough would get them. Queens would be extra sweet to get back to the roots. 7 1 Quote Link to comment Share on other sites More sharing options...
kevinc855 Posted November 30, 2022 Share Posted November 30, 2022 NO Sincerly, Every Jet fan West of the Hudson 3 5 1 Quote Link to comment Share on other sites More sharing options...
jago Posted November 30, 2022 Share Posted November 30, 2022 you could have a jets/mets/us open/soccer/worlds fair site weekend festival all in walking distance of each other. 1 1 Quote Link to comment Share on other sites More sharing options...
Trotter Posted November 30, 2022 Share Posted November 30, 2022 Selfishly I want them staying in nj. did not see where it says who is paying for this? lastly a lot of it makes sense except the line about increased bet potential because you are betting on the new York jets and they are actually ny based. cmon on Quote Link to comment Share on other sites More sharing options...
Chewy and the Jets Posted November 30, 2022 Share Posted November 30, 2022 NO WAY our imbecilic, trust fund, never worked a day owner has the cash or the inclination to try and get something built in NY after his last experience getting spanked by the big boys. Only thing Woody Johnson has ever achieved other than his last name is an Ambassadorship which he purchased and which no one else of his means probably wanted or he would have lost that too. 1 Quote Link to comment Share on other sites More sharing options...
Scotty Wooty Doo Doo Posted November 30, 2022 Share Posted November 30, 2022 Get it done !!!!!! 1 Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 30, 2022 Share Posted November 30, 2022 doesn't woody own Metlife stadium (half of it). he might be a trust fund baby but he's not an idiot. 1 Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 30, 2022 Share Posted November 30, 2022 17 minutes ago, Chewy and the Jets said: NO WAY our imbecilic, trust fund, never worked a day owner has the cash or the inclination to try and get something built in NY after his last experience getting spanked by the big boys. Only thing Woody Johnson has ever achieved other than his last name is an Ambassadorship which he purchased and which no one else of his means probably wanted or he would have lost that too. how have your investments done since early 2000? 1 3 Quote Link to comment Share on other sites More sharing options...
Darnold's Forehead Posted November 30, 2022 Share Posted November 30, 2022 MOAR SPORTS BETTING WOOOOOOOOOOOOOOOOOOOO 3 Quote Link to comment Share on other sites More sharing options...
JetPotato Posted November 30, 2022 Share Posted November 30, 2022 53 minutes ago, Jimmy 2 Times said: Doesn’t have to be 80,000 seats. 60,000-70,000 is the magic number. Make the seats closer and raises the demand. That's what they have now and they consistently are Top 5 in Attendance %. Makes no sense at all to go down. Decreasing crowd size doesn't help you sell more vending. 2 Quote Link to comment Share on other sites More sharing options...
Matt39 Posted November 30, 2022 Share Posted November 30, 2022 26 minutes ago, batman10023 said: how have your investments done since early 2000? Come on lol. 1 Quote Link to comment Share on other sites More sharing options...
JetPotato Posted November 30, 2022 Share Posted November 30, 2022 Queens is one of the worst places on the planet. No thanks. Manhattan as it should have been. Westchester would be a suitable backup. No one outside of Long Island likes Long Island. And spare me the nonsense about the Jets "roots". The Jets' roots suck. We should shed them forever, not revisit them. If you still think NY sports have geographic lines, you're still living 40 years in the past. 2 3 3 Quote Link to comment Share on other sites More sharing options...
Jet Nut Posted November 30, 2022 Share Posted November 30, 2022 1 hour ago, Jimmy 2 Times said: Doesn’t have to be 80,000 seats. 60,000-70,000 is the magic number. Make the seats closer and raises the demand. They’re in the top 5 in attendance, why would he need to cut back in seating Quote Link to comment Share on other sites More sharing options...
Jimmy 2 Times Posted November 30, 2022 Share Posted November 30, 2022 13 minutes ago, JetPotato said: That's what they have now and they consistently are Top 5 in Attendance %. Makes no sense at all to go down. Decreasing crowd size doesn't help you sell more vending. The stadium is never full, is always filled with opposing fans, and the upper deck too far away from the action. 65-70,000 is the perfect number. 2 Quote Link to comment Share on other sites More sharing options...
Jet Nut Posted November 30, 2022 Share Posted November 30, 2022 53 minutes ago, Chewy and the Jets said: NO WAY our imbecilic, trust fund, never worked a day owner has the cash or the inclination to try and get something built in NY after his last experience getting spanked by the big boys. Only thing Woody Johnson has ever achieved other than his last name is an Ambassadorship which he purchased and which no one else of his means probably wanted or he would have lost that too. So? Jealous? Who cares people inherit money, sometimes big money. That’s the world we live in 1 Quote Link to comment Share on other sites More sharing options...
Gramsci Posted November 30, 2022 Share Posted November 30, 2022 "Caesars CEO Tom Reeg became the latest executive to criticize NY’s 51% tax rate for online sports betting, when he recently told LSR the structure was “ridiculous.” ? Quote Link to comment Share on other sites More sharing options...
Jet Nut Posted November 30, 2022 Share Posted November 30, 2022 2 minutes ago, Jimmy 2 Times said: The stadium is never full, is always filled with opposing fans, and the upper deck too far away from the action. 65-70,000 is the perfect number. But yet they seek their tickets. if they win, the stadium will be filled with eager Jet fans. You think the stadium has visiting fans because there are too many seats in the stadium? 82,000 seats sold and full is better Quote Link to comment Share on other sites More sharing options...
Jet Nut Posted November 30, 2022 Share Posted November 30, 2022 1 hour ago, MysticalJet2 said: Getting out of NJ would make me happy regardless of which NY borough would get them. Queens would be extra sweet to get back to the roots. Curious, other than making it closer to a different group of fans what’s the difference NJ or some other site in NY/NJ. As I said besides the fact some want it close to home to cut back the commute and don’t care about NJ fans commute? Quote Link to comment Share on other sites More sharing options...
Gen X Jet Posted November 30, 2022 Share Posted November 30, 2022 Yes, end the diaspora! Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 30, 2022 Share Posted November 30, 2022 2 minutes ago, Jet Nut said: But yet they seek their tickets. if they win, the stadium will be filled with eager Jet fans. You think the stadium has visiting fans because there are too many seats in the stadium? 82,000 seats sold and full is better they are always begging to get rid of seats. it's bad business in my opinion. have 70k seats but good demand. 10 games x 10k less seats = 100k less tickets per year. say $50 per seat net revenues (probably less since these would be the worst seats) - $5MM per year. The Jets are winning and yet they still can't sell out the crappy seats. Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 30, 2022 Share Posted November 30, 2022 19 minutes ago, Matt39 said: Come on lol. why come on? hasn't the value gone up 9x or so since 2000? it's been a home run investment. Quote Link to comment Share on other sites More sharing options...
Popular Post T0mShane Posted November 30, 2022 Popular Post Share Posted November 30, 2022 1 hour ago, Gastineau Lives said: This would make me happier than anything else about this team, even the uniforms. The House That Mike White Built 1 2 10 Quote Link to comment Share on other sites More sharing options...
Green Truth Posted November 30, 2022 Share Posted November 30, 2022 This would be amazing, If they would put a retractable roof on it. It could be used all year round for big events. Won't happen, though Cohen would fight this, as it would tap into concert and other event revenue at Citi Field. 1 Quote Link to comment Share on other sites More sharing options...
Gen X Jet Posted November 30, 2022 Share Posted November 30, 2022 Anything would be better than the current situation. Awful location, stadium and fan experience. 3 1 Quote Link to comment Share on other sites More sharing options...
Trotter Posted November 30, 2022 Share Posted November 30, 2022 17 minutes ago, Gen X Jet said: Anything would be better than the current situation. Awful location, stadium and fan experience. The counter to that would be how many fans were upset during and after the game Sunday because of the stadium? the mike white chants would have been louder in queens? 1 Quote Link to comment Share on other sites More sharing options...
JetPotato Posted November 30, 2022 Share Posted November 30, 2022 38 minutes ago, Jimmy 2 Times said: The stadium is never full, is always filled with opposing fans, and the upper deck too far away from the action. 65-70,000 is the perfect number. This is incorrect. Quote Link to comment Share on other sites More sharing options...
y2k8 Posted November 30, 2022 Share Posted November 30, 2022 Does he think he can get a deal done before 2008? Assuming he has a time machine, I have a crap ton of shirts the assemblyman can have if he wants them. 1 Quote Link to comment Share on other sites More sharing options...
Maxman Posted November 30, 2022 Share Posted November 30, 2022 2 hours ago, Barry McCockinner said: https://www.legalsportsreport.com/91307/addabbo-to-new-york-jets-come-back-to-queens/ @Maxman we still can't copy/paste with original article formatting ... Yes we can. Quote Link to comment Share on other sites More sharing options...
Maxman Posted November 30, 2022 Share Posted November 30, 2022 Moving the team to Queens at this point is a great way to: 1. Have people stop paying what is left on their PSL balance 2. Not sell another PSL 3. Lose a bunch of corporate sponsorship stadium $ with attendance being down Better idea, stay out of the way and let Joe Douglas and Robert Saleh do what they are already doing. Fixing this franchise and selling out the larger stadium that you already paid for. They aren't moving. 2 Quote Link to comment Share on other sites More sharing options...
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