Politician Proposes Tying Stadium Money to Wins
Posted at 7:32 a.m. on June 6, 2014
“Last year, voters in Cuyahoga County approved a 20-year extension of a sin tax to pay for upkeep on Cleveland’s three pro sports stadiums. Today, one elected official presented a proposal to tie part of that payout to the teams’ performance. He calls it, a little obviously, a ‘win tax,'” Deadspin reports.
“The tax on cigarettes and alcohol is expected to raise at least $260 million over the next two decades, with the money earmarked for improvements and repairs to FirstEnergy Stadium, Progressive Field, and Quicken Loans Arena. The measure passed, but it hasn’t yet been agreed how to distribute the money. Cuyahoga County Executive Ed FitzGerald wants 20 percent of that annual payout to be contingent on where the Browns, Indians, and Cavs appear in the standings each year.”
Said Fitzgerald: “We love these teams, we’re loyal to these teams and we’re committed to maintaining these facilities. But we can also try to demand to get something a little bit better than we’ve gotten over the past 50 years.”