Re: Goodyear council just approved deal
Originally Posted by Unassisted
Both sites are nearly equidistant from me, so I'm ambivalent about the location.
What I am excited about is the financial aspect of the deal. The Reds are getting a much nicer facility to prepare the major and minor league teams for their seasons and the organization will save millions on the rights to use it. That leaves the team with more money to spend on players and things in Cincinnati that will improve the fan experience. We need to remember this day in two years time when we're happy that the team's pockets seem so much deeper, because this deal will have contributed to that effect.
Assuming Goodyear doesn't come back and start demanding to rework the deal in 5-10 years if expected growth doesn't materialize. There was a link posted in another thread in which the article gave me the impression that Goodyear's ability to pay for this may be based on an assumed growth rate that would transform Goodyear from the size of Middletown to the size of Cincinnati in about 20 years. That's a huge assumption even with today's growth rate in AZ. If I were the Reds, I would make sure that Goodyear can pay for what they're promising with current revenues rather than revenues expected from that projected future growth. Either that, or they better make sure they have a good escape clause.
Burn down the disco. Hang the blessed DJ. Because the music that he constantly plays, it says nothing to me about my life.