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A look at the PBS deal


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http://online.wsj.com/article/SB10001424052748704461304576216330349497852.html?mod=lifestyle_newsreel

At its completion in 2000, Paul Brown Stadium had soared over its $280 million budget—and the fiscal finger-pointing had already begun.

The county says the final cost was $454 million. The team's estimate, which doesn't include infrastructure work around the stadium, puts the tab at $350 million.

But according to research by Judith Grant Long, a Harvard University professor who studies stadium finance, the cost to the public was closer to $555 million once other expenditures, such as special elevated parking structures, are factored in. No other NFL stadium had ever received that much public financing.

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Nothing in that is news to those of us in SW Ohio. It was a horrible deal and I don't blame the voters or the Bengals. I blame Bob Bedinghaus and our county commissioners at the time. It's another example of gov't wasting taxpayer money

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http://online.wsj.co...estyle_newsreel

At its completion in 2000, Paul Brown Stadium had soared over its $280 million budget—and the fiscal finger-pointing had already begun.

The county says the final cost was $454 million. The team's estimate, which doesn't include infrastructure work around the stadium, puts the tab at $350 million.

But according to research by Judith Grant Long, a Harvard University professor who studies stadium finance, the cost to the public was closer to $555 million once other expenditures, such as special elevated parking structures, are factored in. No other NFL stadium had ever received that much public financing.


/>http://cincinnati.com/blogs/bengals/2011/07/13/bengals-rebuttal-to-wall-street-journal-article/

The Bengals have issued a counter-argument and corrections to the Wall Street Journal's recent article.

Tuesday, the Wall Street Journal published an article that blamed Hamilton County’s financial woes on the voter-approved 1996 plan for new stadiums.

The Bengals believe the Journal’s story is gravely flawed and reaches unwarranted conclusions. And while we can’t force anyone else to agree, we are confident we have the facts to convince anyone willing to review them.

The same day the Journal story appeared, the Bengals sent a rebuttal to the newspaper’s editor. Today we are sharing that with arguably our most valued audience, the readers of Bengals.com.

The issue is not one to be covered with sound bites, and the piece we provide is longer than a standard news article or opinion column. It contains the primary letter the Bengals sent to the Journal, plus several pages of addendum points (which pose challenges of error we don’t believe the Journal can answer).

But this is not a tangled legal document, not difficult to follow. We ask readers’ attention to it as a factor in determining their opinions. We believe you’ll consider it well worth your time.

–Jack Brennan, Bengals public relations director

http://news.cincinna...stadium-upgrade

County commissioners will be voting on the proposed upgrades to the facility tomorrow.

Meanwhile, the County Commisioners have rejected the team's request to update the video equipment at PBS.


/>http://news.cincinnati.com/article/20110713/NEWS0108/307130063/

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The Bengals should issue an announcement that this is the first and certainly the last time Mike Brown will ever disagree with anything the WSJ prints.

Applause. And a tip of the cap.

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  • 2 weeks later...

One new video system, coming up....


/>http://news.cincinnati.com/article/20110727/NEWS0108/107280317/County-buying-Bengals-system

Hamilton County taxpayers are buying the Bengals a $300,000 new instant replay system.

County commissioners, who voted 2-1 Wednesday to make the purchase, didn’t like it, and did so only because their lawyers said they had to or risk being sued by the team.

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One new video system, coming up....


/>http://news.cincinnati.com/article/20110727/NEWS0108/107280317/County-buying-Bengals-system

Hamilton County taxpayers are buying the Bengals a $300,000 new instant replay system.

County commissioners, who voted 2-1 Wednesday to make the purchase, didn’t like it, and did so only because their lawyers said they had to or risk being sued by the team.

Ironic, since Brown is known to hate replay... <_<

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