Mike Dee Fins CEO "state of the dolphins"

[fyo]

^^ but in reality probably 10% or less of people at a Miami Dolphins' home game came from elsewhere and are spending money on hotels and car rentals, etc.  So, that number goes down to $9million per event.

As stated, the $90 million was for 8 one-day events, so 10% would be closer to $1M per event.

[CF DolFan]

70,000 fans @ 10% = 7,000 fans in hotels. I bet its way more than that. That doesn't count the thousands of people, like myself, that do the day trip and have to refuel and eat.

[MyGodWearsAHoodie]

^^^ where are you getting that 10% of the fans are staying in hotels?

I doubt it is that high. 

Plus it doesn't really matter how much the regulars season game bring in now...how many addition fans would stay in hotels if the stadium had roof vs the number of fans that stay in hotels when there isn't a roof?  That is the analysis that needs to be made to decide if tax dollars ought be used. 

The ONLY reason to use public money to improve the stadium is if it will bring in more events that will attract outsiders/tourists such as the super bowl, national soccer tournaments, etc.   Not just a more pleasant regular season game for Dolphin fans or attracting concerts in which the vast majority of attendees will local. 

[masterfins]

^^^ Why discount the fact that locals will be attending concerts and other events at the stadium??  Maybe I'm off the mark (because I'm from upstate NY where gov't taxes everything), but are there sales taxes on tickets, parking, food & beverages, etc.??  What about the fact that these events generate jobs for concessions, ushers, clean up, etc; and the fact these earnings will be spent in the community??  Having a sports franchise is also about quality of life for a community, and not all members of the community need to benefit.  Governments pay for parks, but no all community members use the park, should they close down the parks??

[CF DolFan]

^^^ where are you getting that 10% of the fans are staying in hotels?

I doubt it is that high. 

Plus it doesn't really matter how much the regulars season game bring in now...how many addition fans would stay in hotels if the stadium had roof vs the number of fans that stay in hotels when there isn't a roof?  That is the analysis that needs to be made to decide if tax dollars ought be used. 

The ONLY reason to use public money to improve the stadium is if it will bring in more events that will attract outsiders/tourists such as the super bowl, national soccer tournaments, etc.   Not just a more pleasant regular season game for Dolphin fans or attracting concerts in which the vast majority of attendees will local. 

I usually stay a couple of times a year and the hotel is always packed. Hit the local hotspots and they are packed too with many Dolphin fans. I seriously doubt the local economy doesn't go up by several millions each game. That doesn't even account for all the restaurant and bars that are full during the games.

[MyGodWearsAHoodie]

^^^ Why discount the fact that locals will be attending concerts and other events at the stadium??  Maybe I'm off the mark (because I'm from upstate NY where gov't taxes everything), but are there sales taxes on tickets, parking, food & beverages, etc.??  What about the fact that these events generate jobs for concessions, ushers, clean up, etc; and the fact these earnings will be spent in the community??  Having a sports franchise is also about quality of life for a community, and not all members of the community need to benefit.  Governments pay for parks, but no all community members use the park, should they close down the parks??

The reason why locals don't matter for the concert that much is odds are the money would have been spend locally anyway.  Most people have portion of their budget they can spend on entertainment each month, most of it spent locally.  So if one month you go to a concert spending money on tickets, parking and food that night, there will be a couple of other nights that month that you will stay home instead of going to a club or going to a restaurant that you would have gone to had you not spent the money at the concert.  Spending a  $100 at a concert at Dolphin stadium and then to make up for it not going out to dinner twice each of which would have cost you $50 doesn't add to the local economy.  It just moves it from a restaurant to a football stadium.   Getting people to spend entertainment dollars in Miami instead of in Boston or Orlando improves the Miami economy. 

[fyo]

The reason why locals don't matter for the concert that much is odds are the money would have been spend locally anyway.

Odds are, it would have been spent locally... on imported electronics.

At least when the money is spent with the service industry, it stays local (longer).

[masterfins]

The reason why locals don't matter for the concert that much is odds are the money would have been spend locally anyway.  Most people have portion of their budget they can spend on entertainment each month, most of it spent locally.  So if one month you go to a concert spending money on tickets, parking and food that night, there will be a couple of other nights that month that you will stay home instead of going to a club or going to a restaurant that you would have gone to had you not spent the money at the concert.  Spending a  $100 at a concert at Dolphin stadium and then to make up for it not going out to dinner twice each of which would have cost you $50 doesn't add to the local economy.  It just moves it from a restaurant to a football stadium.   Getting people to spend entertainment dollars in Miami instead of in Boston or Orlando improves the Miami economy. 

You certainly make some good points, and I do agree with you to a certain extent.  However, I will regularly travel an hour or two North, South, East, or West to attend sporting events or concerts.  I'm not going to be normally going to those communities to spend my entertainment dollars.  Plus, most people don't budget their money, its more impulse spending.  As another poster stated the money would probably be spent on some electronic gadget.