U-T San Diego column says city may be better off without Chargers
As U-T San Diego Charges are preparing to moves to Los Angeles, San Diego is trying to convincing itself by claiming that the town might be better off without the team.
The unscientific U-T San Diego poll showed a preference to keep popular annual entertainment event Comic-Con in the city over keeping the Chargers. A new column by Dan McSwain of U-T San Diego said San Diego would likely be better off without the Chargers.
In the column, McSwain described a new stadium as a "bad business deal" for the public. He pointed to hidden costs beyond heavy up-front taxpayer expenses that would drive the city's contribution much higher.
McSwain also raised question over an NFL team's capability to actually generate significant revenue to boost San Diego's coffers.
How much the city would better off in absence of the team will depend on choices made by city leaders. The choices include: what to build next at the site of abandoned Qualcomm Stadium? A good start would be to completely appreciate why spending a huge amount of money on an NFL stadium is a bad business idea for San Diego public.
Recent NFL deals suggest that the Chargers will likely not settle for less than a $1.2 billion venue in San Diego, with merely $200 million coming from its owners. Nearly $600 million, or 50 per cent of the construction cost, would come from the public.
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