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Field of Schemes

@fieldofschemes

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Sports stadium and arena news by Neil deMause (@neildemause), co-author of the book Field of Schemes.

Brooklyn, NY
Joined April 2009
Don't wanna be here? Send us removal request.
@fieldofschemes
Field of Schemes
2 years
For those of you seeking alternate platforms, Field of Schemes is now also available at and probably more to come as soon as I've finished typing this.
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@fieldofschemes
Field of Schemes
7 hours
The Spurs owners are holding a rally tomorrow in support of their campaign to be gifted ~$750m in tax money for a new arena, and the key guest will be their mascot, who I'm assuming will threaten to come to your house if you don't vote for the subsidy.
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Before we get to the news, a quick note for any site supporters who are still waiting on swag: I haven't forgotten you, I just have to restock on mailers and stamps, which I have penciled in for...
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Field of Schemes
2 days
Arena glut is a thing! The fact Sixers owner Josh Harris backed out of a dueling-arenas scenario in Philly makes it less likely that Chisholm would attempt one in Boston, and in what would almost certainly be a less central location for transit as well.
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Ever since private equity goon Bill Chisholm and his goon pals bought majority ownership of the Boston Celtics for $6.1 billion in March, there have been little burbles of speculation here and...
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Field of Schemes
3 days
The SA Report didn't call any of the people who would be the most useful: sports economists or local budget analysts who could discuss what return on investment, if any, San Antonio and Bexar County can expect to get from $750m in Spurs arena subsidies.
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It's fair to say that media coverage so far of San Antonio Spurs owner Peter Holt's plans for a new arena district paid for partly by taxpayer money hasn't been very good: The San Antonio...
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Field of Schemes
7 days
Browns execs and the Ohio Department of Transportation are "in discussions" on reducing the height of the team's proposed stadium next to an airport, but it's "unclear" whether those talks will lead anywhere. The Browns may yet file an appeal in court.
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We've somehow ended up again at the last Friday in August, and if history is any guide, none of you are actually reading this, as you're all headed out of town for the long weekend (as am I). So I...
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Field of Schemes
8 days
The San Jose council didn't determine where to find $325m for the Sharks beyond "bonds and higher hotel taxes," and 1) these would need to go before voters and 2) "bonds" isn't a way to pay for anything, you then have to figure how to pay off the bonds.
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The San Jose city council didn't waste any time in signing off on Mayor Matt Mahan's city's offer to spend $325 million on upgrading the Sharks' home arena, voting unanimously on Tuesday to approve...
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Field of Schemes
9 days
Now that everyone in Sacramento hates him and nobody believes he's really moving to Vegas with construction costs soaring, John Fisher has moved up the timeline for playing games in Vegas(ish), but only for two series in June, when it will be sweltering.
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In the latest twist in the Athletics' maybe-move to Las Vegas, MLB has announced the team will play six home games next year at the home of the Las Vegas Aviators, Las Vegas Ballpark, which is not...
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Field of Schemes
10 days
We're used to hearing hosting a Super Bowl is a boon to a city economy, though it very much is not. But the idea that putting the Titans on "the Mount Rushmore of NFL franchises" makes them "a completely different organization" breaks new ground in stupid.
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Way back in the early days of this site, I used to do an annual "dumbest reasons of the year for building a stadium," which I eventually stopped doing because they were all just variations on the...
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Field of Schemes
14 days
In the first round of the Spurs' Project Marvel arena battle, the San Antonio council has spoken, and its verdict is "Nothing says 'I love you' like half a billion dollars in public money so you can boost your sports team's profits."
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First things first: As expected, the San Antonio city council voted yesterday to move ahead with plans to give $489 million in tax revenues to Spurs owner Peter Holt to use toward a new arena. The...
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Field of Schemes
16 days
For anyone familiar with Chapter 4 (The Art of the Steal) from Field of Schemes, the Spurs arena debate will be painfully familiar: promising illusory economic benefits and warning of phantom move threats are two staples of sports owners' subsidy playbook.
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The term sheet for San Antonio's proposed Project Marvel development that would include a new Spurs arena goes up for a city council vote tomorrow, and to see the local news media headlines tell...
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Field of Schemes
17 days
Browns owner Jimmy Haslam can still file an appeal or move the stadium away from the airport, but delays could force the Browns to negotiate a lease extension — assuming he can get past other suits on using unclaimed private funds and violating its lease.
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The Cleveland Browns owners' plan for a stadium in Brook Park already survived a battle between the legislature and governor over how $600 million in state money would be raised, and is still...
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Field of Schemes
18 days
The city-Sharks memo is largely a PR document, but "$357m in city money plus we reduce your rent plus the year after next we start planning for a whole new arena" is already heading in a pretty spendy direction.
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The city of San Jose and Sharks owner Hasso Plattner have agreed to a new lease in which the city would spend $325 million on an upgrade of the team’s arena, in exchange for which the Sharks would...
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Field of Schemes
18 days
San Antonio officials defended the arrangement as "there is kind of an ethical wall between the work that CSL does" and the Spurs — "we hired a company owned by the people asking us for $650m" sounds even worse, so sure, let's go with "ethical wall."
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We already knew that Convention, Sports & Leisure, the consultants who did the economic impact report for the San Antonio Spurs' proposed Project Marvel development, have an abysmal track...
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Field of Schemes
21 days
Detroit City FC CEO/professional lobbyist Sean Mann says his stadium will pay full property taxes but the surrounding development will not, plus will seek "city and state support for infrastructure and programmatic build out," maybe hold the yays for now?
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A note to all of you Field of Schemes supporters who signed up to receive the daily posts in email — I've been made aware of a glitch that may have been keeping some new members from getting the...
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Field of Schemes
22 days
UPDATE: Geoff Propheter has estimated the value of 70 years of lease options plus 26 acres of added land, and it's: $2B in present value, give or take. So Ryan Smith is set to get ~$3B in public money overall, depending how he plays his cards threatening to opt out of his lease.
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Field of Schemes
22 days
Because it's lease options, Jazz/Mammoth owner Ryan Smith can threaten not to renew if he wants to demand more public money later on. A perfect "grift that keeps on giving" scenario, then, maybe not what your city council should approve with little debate.
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One of the most common questions I get from journalists new to the world of sports subsidies is "Where can I find a list of how much public money went to each stadium and arena?" and my answer is...
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Field of Schemes
23 days
Spending around $1B to build MLB's smallest stadium in its smallest market and hoping the A's would earn it back seemed dubious from the start, and it's only more so now that it'll be more like $1.5B and Vegas tourism is down.
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Ever since the state of Nevada approved $600 million in public money two years ago toward a new A's stadium on the Las Vegas Strip, the project has existed in a state of quantum superposition: It...
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Field of Schemes
24 days
Bears execs clearly don't want to build a new stadium unless it comes with sacks of public cash; whether they couldn't make it work without taxpayer help and would have to stay put at Soldier Field, only they and their investment bankers know for sure.
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Illinois Gov. JB Pritzker has weighed in on Chicago Bears execs' demand for property tax breaks, and his response was yeah nope: "I’d like the Bears to stay in the City of Chicago, if they could,"...
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Field of Schemes
25 days
In seeking a freeze on property taxes for "megaprojects," Bears president Kevin Warren said team owners are "not trying to avoid paying taxes," which is impressive for a bill that would only do one thing: lower the team's taxes.
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The owners of the Chicago Bears are looking for help from the Illinois legislature for their proposed new stadium in Arlington Heights, and here's how the Associated Press describes it: The Bears...
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Field of Schemes
28 days
Spurs lawyer Bobby Perez said the team won't consider sharing any arena revenue to help pay the public's costs because Spurs owner Peter Holt will be using it to pay off his own costs, taxpayers will just have to make it up in volume or something.
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Congratulations, we once again made it to the end of another programming week, as well as the end (presumably) of the "Will Washington Commanders owner Josh Harris get to pocket billions of dollars...
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Field of Schemes
29 days
The WNBA demanding expansion cities get dibs on the Connecticut Sun is . nuts? I'm going with nuts. When the Liberty moved from NYC to White Plains to Brooklyn, nobody at the league suggested the team be put up for bid to move to Austin or Nashville.
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The increasingly contentious sale of the Connecticut Sun WNBA team isn't quite a stadium or arena story, not just yet, but it may yet get there, and it's so weird that it's worth looking at anyway,...
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