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BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

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Old 05-01-2019, 09:03 PM   #1
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BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

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Old 05-01-2019, 09:23 PM   #2
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

Who's paying what:
  • Louisiana Stadium and Exposition District Portion = $207 million

  • State of Louisiana = $92 million

  • Saints Portion = $150 million


Renovations will Include:
  • New Visiting Locker Room

  • Team Store, Retail Outlets Expansion

  • Saints Hall of Fame Expansion

  • New East & West Sideline Club Lounges

  • 300 Level Luxury Box Suites Expansion

  • End-Zone Field-level box Suites

  • New End-Zone Corner Standing-Room-Only Viewing Decks

  • Replacing Pedestrian Ramps With Add'l Escalators

  • Expanded Plaza, Loge & Terrace Concourses
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Old 05-01-2019, 09:37 PM   #3
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

Not even $5 for the refs?
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Old 05-01-2019, 10:03 PM   #4
 
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

$449 million for that...WTF?

The Superdome didn't cost that !
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Old 05-01-2019, 10:11 PM   #5
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

Originally Posted by SmashMouth View Post
$449 million for that...WTF?

The Superdome didn't cost that !
If it keeps them in NOLA long term so I don't have to worry about it, I don't care what it takes.
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Old 05-02-2019, 07:46 AM   #6
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

Originally Posted by SmashMouth View Post
$449 million for that...WTF?

The Superdome didn't cost that !
It kind of did $134MM to build in 1975 = $633MM 2019 dollars. I suspect at least 10-15% of that $449MM is due to graft, and 8-9% of the spend is going right back into the economy as sales tax.

New construction can cost less than a major renovation because of the added costs of tearing down and disposing of the old structure. E.G. Laying carpet in a new home is cheaper than replacing carpet in an old one.

https://www.fromthisseat.com/index.p...orleans-saints
https://www.usinflationcalculator.com/
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Old 05-02-2019, 07:50 AM   #7
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

Originally Posted by SmashMouth View Post
$449 million for that...WTF?

The Superdome didn't cost that !


Was it 70 mill ?
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Old 05-02-2019, 07:56 AM   #8
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

Originally Posted by st thomas View Post
Was it 70 mill ?


Heck for another 499 mill u can build a stadium over the Mississippi River on a bridge with an ice cream truck selling stock in another bridge to the stadium on the Mississippi River. Rip the thing down already and build something alla Pittsburg on the river
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Old 05-02-2019, 08:03 AM   #9
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

A lot of money, but needed if the city is going to compete as a host for the Super Bowl, NCAA's, etc.

The big impact for us will be the SRO viewing decks- that will shrink the season ticket waiting list, drop secondary market prices, and more importantly, bring an extra 1000-1500 screaming fans into the building.

The SRO sales in Atlanta have been great- for their real football team, United, not the Falcons
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Old 05-02-2019, 10:06 AM   #10
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Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation.

ALL THAT FOR A "SMALL MARKET" TEAM THAT THE NFL NEVER WANTS TO SEE IN THE SUPER BOWL AGAIN?

Will we ever learn? Never a Small Market Team!!!
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