
Originally Posted by
Bang
If you live in Maryland you should hate them.
1. Because national companies only seem to notice that Baltimore is IN Maryland when ordering their NFL gear, our stores are flooded with it. Finding Redskins gear is increasingly more difficult. I once went to the Sports Authority in Landover,, I could literally see Fedex field from the parking lot, and there were 4 Ravens Jerseys to every one for the Redskins.
2. When the Browns came to Baltimore, our illustrious governor Parris Glendenning gave Art Modell a quarter of a BILLION dollars to relocate the team. 250 million bucks out of our treasury. Did we get a vote?
No we did not. Do we now have to look at gambling to fund our SCHOOLS?
Yes. Yes we do.
How is this related?
well, a quarter BILLION dollars isn't a small sum. Add to that the taxpayer money that built the stadium. Add into that the clause that gave Modell 100% of the revenue from parking, concessions and other stadium services.
Oh, and the Ravens don't pay any tax in Maryland on the money they earn, thanks to the nice litle deal Modell got. Oh, and guess what? The Orioles have a clause n their contract with the state that says that if any other professional sports team in Maryland gets a better deal than they do, then their deal is changed to equal it.
So now Peter Angelos doesn't pay any taxes on the Orioles either.
How much has the Ravens cost us? It's over a billion dollars by now and since they never pay tax, that number will only go up.
Now, to top it alllllll off.. three years later Modell cried that he was broke, and was forced to sell the team.
Where did our money go?
How does one go broke with those kinds of gifts?
Who knows, but Modell did. A quarter BILLION of OUR money, gone up in smoke with absolutely nothing in place to help recoup any of it.
If you live in Maryland and you own a home, your property tax has gone up roughly 6% because of the Ravens ALONE.
I wouldn't mind so much if we'd have had a vote on it. If we had, and the people spoke and said "Give Art Modell all of our surplus", then so be it.
But no, we did this the old fashioned way, and each of us here in MD has paid and will perpetually pay the price for it.
~Bang