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

jeanpierre · 05-01-2019, 09:03 PM

jeanpierre · 05-01-2019, 09:23 PM

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

TheOak · 05-01-2019, 09:37 PM

Not even $5 for the refs?

SmashMouth · 05-01-2019, 10:03 PM

$449 million for that...WTF?

The Superdome didn't cost that !

jnormand · 05-01-2019, 10:11 PM

Originally Posted by SmashMouth

$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.

TheOak · 05-02-2019, 07:46 AM

Originally Posted by SmashMouth

$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/

st thomas · 05-02-2019, 07:50 AM

Originally Posted by SmashMouth

$449 million for that...WTF?

The Superdome didn't cost that !

Was it 70 mill ?

st thomas · 05-02-2019, 07:56 AM

Originally Posted by st thomas

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

ScottF · 05-02-2019, 08:03 AM

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

vpheughan · 05-02-2019, 10:06 AM

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!!!

05-01-2019, 09:03 PM	#1
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation. Twitter

05-01-2019, 09:23 PM	#2
jeanpierre Site Donor 2018 Join Date: Mar 2008 Location: Thibodaux Posts: 43,543 Blog Entries: 39	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

05-01-2019, 09:37 PM	#3
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 18,978	Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation. Not even $5 for the refs? SmashMouth likes this.

05-01-2019, 10:03 PM	#4
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 36,959 Blog Entries: 29	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 ! st thomas likes this.

05-01-2019, 10:11 PM	#5
jnormand 5000 POSTS! + Join Date: Sep 2003 Location: The Free State of Idaho Posts: 5,530	Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation. Originally Posted by SmashMouth $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. SaintFanQ, AsylumGuido and SaintGnome like this.

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05-02-2019, 07:46 AM	#6
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 18,978	Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation. Originally Posted by SmashMouth $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/

05-02-2019, 07:50 AM	#7
st thomas Site Donor 2018 Join Date: Dec 2009 Location: lafayette Posts: 7,753	Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation. Originally Posted by SmashMouth $449 million for that...WTF? The Superdome didn't cost that ! Was it 70 mill ?

05-02-2019, 07:56 AM	#8
st thomas Site Donor 2018 Join Date: Dec 2009 Location: lafayette Posts: 7,753	Re: BREAKING: New Orleans Saints, state closing in on long-term lease extension, major Superdome renovation. Originally Posted by st thomas 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

05-02-2019, 08:03 AM	#9
ScottF 5000 POSTS! + Join Date: Feb 2007 Location: Atlanta Posts: 6,324	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 SmashMouth likes this.

05-02-2019, 10:06 AM	#10
vpheughan 1000 Posts + Join Date: Aug 2007 Posts: 4,499	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!!!
vpheughan 1000 Posts + Join Date: Aug 2007 Posts: 4,499

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