- Dec 6, 2014
forgot it was happening today. caught the FB notification 20 minutes after the sale started. didn't even try.
I'm assuming they raised the capital themselves and/or borrowed the money. In addition to good beer, they seem to be pretty savvy business people.whoa, who is the money behind Good City that they were able to hook in with the Bucks and open that huge new facility across from the Fiserv Forum??
they've only been in GB since.... late summer last year? had only seen Good City beer once before on shelves in Milwaukee. i had no idea they were as big as they apparently are.I'm assuming they raised the capital themselves and/or borrowed the money. In addition to good beer, they seem to be pretty savvy business people.
The WI taxpayers are subsidizing Fiserv and the new arena. Would the city/state be better off without either Fiserv or the Bucks in Milwaukee? I'd wager probably not.I mean, when the entire fucking stadium is a scam on you Wisco folks, so maybe YOU'RE the backing money?
I would take your wager.The WI taxpayers are subsidizing Fiserv and the new arena. Would the city/state be better off without either Fiserv or the Bucks in Milwaukee? I'd wager probably not.
Yeah, I've seen the articles and studies. I just don't think the value of local professional sports can be fully valued in hard dollars and cents. From the Brookings study:I would take your wager.
There were a couple fascinating articles I recall reading focused on Miller Park the last time they needed a capital infusion, and when the Fiserv Forum when that was being debated. From what I recall, the articles basically stated that the financial impacts to the community of having a professional sports team are often vastly overstated, and those tax dollars could be spent in alternative ways to create a greater overall net impact.
Feel free to read some of the below references. Frankly it seems like there is little evidence to support that financing these projects makes any sense, but then again neither does the overall idea of trickle down economics and that is still bandied about as a sound theory after all these years.
I personally wouldn't want to live somewhere with no professional sports.A professional sports team, therefore, creates a “public good” or “externality”—a benefit enjoyed by consumers who follow sports regardless of whether they help pay for it. The magnitude of this benefit is unknown, and is not shared by everyone; nevertheless, it exists.
Yeah, the owner retired last year after almost 30 years due to health issues.Wow. No shit? My wedding reception was at the Dorf Haus. My SIL bartended there until a year or so ago.