ADVERTISEMENT

Temple moving forward with New Stadium (35K)

Heinz and pnc pay around 3m a year. Consol was around the same. Pitt would probably bring less. Would cover some of the interest payments.

A couple hundred for our smallish fan base wouldn't make a dent and people would bitch anyway.

You need the giant donors and corporations to step up. Seems none are interested.

THE NEW PITT STADIUM will be PACKED (35-40K in a 50k Stadium is comfortable and will be LOUD. IT WILL PACK OAKLAND on GameDay. It is atleast a 2.5 to 3 Economic Multiplier for the local economy of Oakland.
 
  • Like
Reactions: ViciousHitter
How much of the $400 million could be knocked off by selling the naming rights?

Would 50,000 fans be willing to spend a couple hundred dollars more a year for 20 years to self fund their own stadium for the opening of the 2035 season?

NEW PITT STADIUM WITH ALL THE BELLS AND WHISTLES = 200m
Name it Tepper Stadium ~ David Tepper of Appaloosa Financial may pay for the whole thing!
 
Heinz and pnc pay around 3m a year. Consol was around the same. Pitt would probably bring less. Would cover some of the interest payments.

A couple hundred for our smallish fan base wouldn't make a dent and people would bitch anyway.

You need the giant donors and corporations to step up. Seems none are interested.

AS I CAN SEE YOU ARE FISHING FOR DONOR NAMES... There's a whole new game in town than the cheap skate narcissists that Smiley hung around with in the AD Office.
 
ZetaZetaBeta - Why do you continue posting this here!????

Take your crusade to the power brokers. This message board drivel is old, boring and irritating...

Go away...
 
Ferlo et al. ' another land grab by Pitt' -the one uni-mart still open will be impacted by traffic.
 
I don't think it is likely to happen either – at least not in the foreseeable future.

However, I also don't believe that Pitt can reach its full potential playing in an off-campus football stadium.

Stadium atmosphere will always hurt recruiting – particularly when we are playing in an off campus stadium that requires our students to be bussed to it and is significantly larger than our fan base can consistently fill.

I also think the notion that there's nowhere in Oakland to build a stadium is pure nonsense. There are plenty of places that could be affordably purchased and repurposed.

Do you think New Orleans, for example, is chock-full of land? And yet somehow Tulane did it. Hell, Akron did it.

All of the city-based schools that have built these new on campus stadia bought up a block of land, tore down existing structures and rebuilt their stadia there. There is absolutely no reason whatsoever why Pitt could not do that too.

That said, I don't think it's going to happen unless there is a radical change in the culture here both politically and financially.

Pitt can't even get a half block of Bigelow Boulevard closed – and they've been trying to do that for 25 years.

Also, I don't think the corporate support is there. If there was some sort of groundswell of corporate support to pitch in and make a huge impact here, it could happen. However, that support seems to be lacking.

It's too bad because I think playing off-campus puts a lower ceiling on us but what are you going to do?
 
Heinz and pnc pay around 3m a year. Consol was around the same. Pitt would probably bring less. Would cover some of the interest payments.

A couple hundred for our smallish fan base wouldn't make a dent and people would bitch anyway.

You need the giant donors and corporations to step up. Seems none are interested.

Really? Have you asked them?
 
A muni issuance is much different than forcing people to pay taxes. People would CHOOSE to lend Pitt the money in return for a competitive, potentially tax-free interest.
It might be a revenue bond, not general obligation. Probably low-rated. Big enough....but no better than anything else. Joe Shit the Ragman doesn't buy those...they get scooped up by institutions.
 
I don't think it is likely to happen either – at least not in the foreseeable future.

However, I also don't believe that Pitt can reach its full potential playing in an off-campus football stadium.

Stadium atmosphere will always hurt recruiting – particularly when we are playing in an off campus stadium that requires our students to be bussed to it and is significantly larger than our fan base can consistently fill.

I also think the notion that there's nowhere in Oakland to build a stadium is pure nonsense. There are plenty of places that could be affordably purchased and repurposed.

Do you think New Orleans, for example, is chock-full of land? And yet somehow Tulane did it. Hell, Akron did it.

All of the city-based schools that have built these new on campus stadia bought up a block of land, tore down existing structures and rebuilt their stadia there. There is absolutely no reason whatsoever why Pitt could not do that too.

That said, I don't think it's going to happen unless there is a radical change in the culture here both politically and financially.

Pitt can't even get a half block of Bigelow Boulevard closed – and they've been trying to do that for 25 years.

Also, I don't think the corporate support is there. If there was some sort of groundswell of corporate support to pitch in and make a huge impact here, it could happen. However, that support seems to be lacking.

It's too bad because I think playing off-campus puts a lower ceiling on us but what are you going to do?
The fact that Pitt has expended so much already makes any new purchase more costly, as owners have the upper hand. Classic seller's market. Temple already owns the land.....in a really poor part of town. But they have good public transit via the Broad St. Subway.
 
ADVERTISEMENT
ADVERTISEMENT