11 May 2009

CA Sports teams support Prop 1A

Numerous California sports franchises, including the Giants, A's, Sharks, and Warriors, have contributed $25,000 each to the Yes on 1A campaign, according to Matier & Ross. Lew Wolff, who gave a few quotes to M&R, also gave $25k of his own money to the cause. Also on board are Anheuser Busch and Philip Morris.

It's clear that in supporting 1A, they are looking out for their own interests. To bridge the budget gap, the state may look towards taxing tickets, food and beverage, parking, anything related to running a franchise. Anchutz Entertainment Group, the giant stadium and arena operator, could become a big time loser if such taxes pass.

While it makes sense that these contributors would back 1A over taxes on their own operations, these two issues aren't mutually exclusive. 1A isn't guaranteed to fix the budget, especially if future state revenue falls short of projections. If that occurs, guess who's next?

I'm curious about the potential revenue the state could raise through a "fun tax." I suspect that while it would affect teams and fans, the proceeds would be a drop in the bucket for the state.

1A and its companion propositions are losing big time, according to Field Poll results from the beginning of the month.

KQED Interview up

Earlier today I was interviewed by KQED Radio's Cy Musiker regarding the A's and San Jose. Check out my dulcet nasal tones in the podcast. I talk about the money that Mayor Reed wants the city to make, NIMBYs, chicken-and-egg scenarios, and yes, hope for Oakland.

Listeners will get an easter egg for their time: the correct pronunciation of my real name! Discuss away.

One more thing: the economic impact report I cited in the interview can be found here (PDF).

Reed, Council to shape ballpark discussions

Tuesday night will mark yet another procedural step in San Jose's effort to lure the A's, as they will push forward again with rules for working with MLB, the A's, and affected communities. More interesting is what the Mayor and City Council are saying, which is what Denis C. Theriault picks up in his article today.
The council Tuesday also will take up its most comprehensive plans yet for ensuring that business owners and other residents remain part of the city's evolving ballpark conversation. The mayor's previously announced "Diridon Station Area Good Neighbor Committee," citywide town hall meetings and frank chats with neighborhood leaders are part of the prescription.

The Diridon committee would include 27 members, including transit officials, neighborhood leaders and representatives from the group that runs HP Pavilion and from nearby businesses such as Adobe Systems. Its work could start as soon as June, Reed said, with a review of the 2007 report clearing use of the Diridon area for a stadium.

I'm a little wary of having 27 members in this committee, but at least no one will be able to say they are being underrepresented. Perhaps it takes a village to build a ballpark.

Mayor Reed also indicates that he wants the project to make money for San Jose, but doesn't indicate how. The model I drew up in the last post indicates that San Jose wouldn't make money. They could through a more expensive lease. More likely is some kind of revenue sharing agreement, especially if it involves the redevelopment zone just created out of the Diridon/Arena area.

Credit goes to the Mayor/Council for being steadfast on looking for a public vote. Even if it is only advisory, at least it goes to the point of directly asking citizens if it's a good deal. I'm not for ballot box planning, especially if no public money is going towards the ballpark itself. However, with the Mayor's promises of open government, this is an appropriate step.