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Benson awaits king’s ransom

this is a discussion within the Saints Community Forum; Well you are posting stats to only fuel your side of the story... don't try to be so bias on this. Generate revenue and economy impact are just terms you are using to seperate what the Saints mean to the ...

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Old 05-24-2005, 12:30 PM   #11
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Well you are posting stats to only fuel your side of the story... don't try to be so bias on this. Generate revenue and economy impact are just terms you are using to seperate what the Saints mean to the economy of the state. You have to take into account what the Saints means to every aspect of the economy in order to account for generated revenue. Taxes on Hotels, food, fuel, salaries, vendors, parking, all of it 'generates revenue'. Losing the team will make a economical impact, not only for the state but for the small buisnessman.

I am not saying the team leaving will cripple the state, I don't think anyone is saying that at all but there will be buisness that will go out of buiness, there will be jobs lost and there will be money lost, it will be an impact on the economy if they move, there is no way you can say there will not be.
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Old 05-24-2005, 01:57 PM   #12
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Originally Posted by Euphoria
Well you are posting stats to only fuel your side of the story... don't try to be so bias on this.
Actually Euphoria, I started out on the other side. It wasn't until I started doing some research and really started looking at the numbers that I began to see Benson for what he is. Look at the old posts from months back and you'll see me blasting the state about this. Benson has been flat lying and when you see the numbers showing how well he is actually doing compared to other NFL teams, the huge amounts of additional money he is being offered, and the Saints actual impact on the state, it's staggering. I started off biased against the state and the numbers are so bad I've completely switched. Trust me, Benson is a sleeze.

Originally Posted by Euphoria
You have to take into account what the Saints means to every aspect of the economy in order to account for generated revenue. Taxes on Hotels, food, fuel, salaries, vendors, parking, all of it 'generates revenue'. Losing the team will make a economical impact, not only for the state but for the small buisnessman.

I am not saying the team leaving will cripple the state, I don't think anyone is saying that at all but there will be buisness that will go out of buiness, there will be jobs lost and there will be money lost, it will be an impact on the economy if they move, there is no way you can say there will not be.
It may not be posted in this thread, but I have done just that. You're right, there will be SOME impact on the state - mainly in terms of loss of status for the City and State. The direct monetary impact would be minimal and easily recoverable, IMO. Yes, the Black and Gold Shoppe on Vets would go out of business. Others might too. But small businesses go under every day. Paying $737 million to the Saints to keep a few small businesses from failing hardly seems justifiable to me.

However, I have said that the State should negotiate and should find a way for the Saints to stay. They are important to the State, and Blanco should ensure that they stick around. That said, I think that her last proposal is more than fair. Additionally, she is continuing to try and talk out their differences. It's Benson whose taking his $15 million ball and going home.

\"Excuses, excuses, excuses. That’s all anyone ever makes for the New Orleans Saints’ organization.\" - Eric Narcisse


\"Being a Saints fan is almost like being addicted to crack,\"
he said.[i]\"You know you should stop, but you just can\'t.\"
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Old 05-24-2005, 03:14 PM   #13
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Hey who dat. I am not a economist, and to not have precise figures at this time, but I will do some research to try to understand the matter further. Will you either post your data that your citing or send it to me in an e mail, where the saints get 700+million and about their economic impact, and revenue generation. I would like to see the actual numbers. Thanks.
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Old 05-24-2005, 04:02 PM   #14
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I can't do it right this moment, but I will try to get it up tonight. You might try starting by looking at this thread:
http://www.blackandgold.net/site/ind...ewtopic&t=9531

It's got a lot of information in it and there are links to sources where I got a lot of my info as well.


Some relevant numbers:

$400 Million - the amount that one economic impact study conducted by a professor of economics at UNO claimed that the Saints had on the local economy each year.

$737 Million - the total amount that the deal Gov. Blanco offered to the Saints could be worth. $401 Million is guaranteed in direct payments (at a rate of $9 million a year if memory serves) and $174 million ear-marked for Super Dome renovations. There are escalator clauses that would allow the Saints to make up to $737 million if they performed well.

$157 Million - the Saints REVENUES in 2004, according to Forbes.

$29.6 & $43.1 Million - the Saints' Operating Income figures in 2002 and 2003, according to Forbes. That ranked them 6th and 8th in the league respectively.

$113 Million - the average revenue of a single Costco store per year. This adds perspective to let you know the type of money we're talking about when it comes to the Saints. Football is big business, definitely, but it's nowhere near what true national/multinational corporations do on a year.

$1.2 Billion - the amount Benson claims someone offered him for his team. That would amount to the largest sale price of an NFL franchise ever. In fact, it's 50% larger than the blockbuster $800 million that Dan Snyder bought the Redskins for. It's also about twice the reported value of the team, which is roughly the same as the Vikings - who are selling for $625 million.


That's off the top of my head. I hope this helps.

\"Excuses, excuses, excuses. That’s all anyone ever makes for the New Orleans Saints’ organization.\" - Eric Narcisse


\"Being a Saints fan is almost like being addicted to crack,\"
he said.[i]\"You know you should stop, but you just can\'t.\"
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Old 05-26-2005, 11:20 PM   #15
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Originally Posted by JDib
You know Tay Tay, I'm glad to see you take up for the Saints, they are a team I have grown up watching and love. My comments were sarcastic, and were written out of frustration with alot of people on this site as well as things in the media that think that the saints are greedy and have no business making the demands that they have. Hopefully the people of this state will wake up and so will the legislature and realize what they have and take steps to insure that it will be here for the future. I think that to many people just take for granted that they will be here regardless and that type of additude is what is going to run them out of town.
Sorry it took so long to respond, but I only get on every couple of days. Sorry for jumpin' on you JDiB. One thing about forums is that it is difficult to interpret sarcasm. At the time I saw you only had like four post, so I thought you just joined for ****s and giggles. Plus, I was havin so girlfriend peoblems, so I wasn't in a great mood. Sorry again about jumpin on you, I am glad to know you are a Saints fan.
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