Freedom Will Help With Stadium Plan (Brian Straus, Post, 4/10)

Discussion in 'D.C. United' started by CHICO13, Apr 10, 2003.

  1. CHICO13

    CHICO13 Moderator
    Staff Member

    Oct 4, 2001
    SECTION 135
    Club:
    The Strongest La Paz
    Nat'l Team:
    Bolivia
    Uncle Phil gets some help

    Discovery Channel founder John Hendricks, a principal investor in the WUSA and the owner of the Washington Freedom, has commited to help finance a new soccer stadium in the District, Freedom General Manager Katy Button said yesterday.


    http://www.washingtonpost.com/wp-dyn/articles/A999-2003Apr9.html
     
  2. TEConnor

    TEConnor New Member

    Feb 22, 1999
    shaweeet. More the merrier. More political pressure, the more the better for all.
     
  3. GoDC

    GoDC Member

    Nov 23, 1999
    Hamilton, VA
    No problem with that.
     
  4. Sachin

    Sachin New Member

    Jan 14, 2000
    La Norte
    Club:
    DC United
    WOW! This is the first real movement on a stadium since... I don't know when.

    This is also interesting on the WUSA side of things. Perhaps the investors (or at least Hendricks) really are in it for the long haul.

    But back to the stadium, this could be key for everyone. It would lessen St. Phil's contribution while increasing the overall private sector investment.

    Sachin
     
  5. Jose L. Couso

    Jose L. Couso New Member

    Jul 31, 2000
    Arlington, VA
    It is good news indeed.
     
  6. neilgrossman

    neilgrossman New Member

    May 12, 2000
    Hoboken, NJ
    My big worry is whether the WUSA will still be around to help when this stadium is built. But, with the WNBA close to taking the season off and WUSA corporate sponsorship finally improving a bit, the WUSA's temporary future looks a little brighter.
     
  7. seahawkdad

    seahawkdad Spoon!!!

    Jun 2, 2000
    Lincoln, VA
    Club:
    DC United
    Nat'l Team:
    United States
    What, no 'women can't play soccer' diatribes???

    I am amazed and impressed.

    Maybe us United fans are more sophisticated than others on these boards.

    I am still wondering, though, what's in it for the Washington DC stadium authority in ultimately having no tenants in RFK.
     
  8. uniteo

    uniteo Member+

    Sep 2, 2000
    Rockville, MD
    Club:
    DC United
    Nat'l Team:
    United States
    Well, short term it can help bring baseball to town, an existing stadium with no regular tenants to provide scheduling conflicts. While waiting they can still have special events, without having to worry about the playing field (concerts, monster truck rallies, etc...)

    Long term it's got to be quite costly to maintain RFK...if they knock it down and have a smaller stadium there, there is the possibility for economic development activities in a part of town that has little commercial development
     
  9. Sundevil9

    Sundevil9 Member

    Nov 23, 1999
    Reston, VA
    Club:
    DC United
    Nat'l Team:
    United States
    As long as their check clears before they go under...... :)
     
  10. DCUEagles

    DCUEagles New Member

    Jun 20, 2001
    Bangor, Maine USA
    This could be interesting !
     
  11. RobtheAggie

    RobtheAggie Member+

    Sep 10, 2001
    Middle Georgia
    Club:
    Rochester Rhinos
    Nat'l Team:
    United States
    Yeah!

    One question about the possible stadium. If this was a perfect world, would both stadiums, Baseball and Soccer be built at the present RFK site?
     
  12. Sundevil9

    Sundevil9 Member

    Nov 23, 1999
    Reston, VA
    Club:
    DC United
    Nat'l Team:
    United States
    All indications are that the baseball stadium (if there is one) will be someplace you really can't get to in either DC or VA.

    The soccer stadium talk tends to center around the current Lot 8 parking area.
     
  13. RobtheAggie

    RobtheAggie Member+

    Sep 10, 2001
    Middle Georgia
    Club:
    Rochester Rhinos
    Nat'l Team:
    United States
  14. rocketeer22

    rocketeer22 Member+

    Apr 11, 2000
    Oakton,VA
    Club:
    DC United
    Nat'l Team:
    United States
    One of AEG's companies would probably sell the naming rights and have it become Discovery Park.
     
  15. Claymore

    Claymore Member

    Jul 9, 2000
    Montgomery Vlg, MD
    Club:
    DC United
    Nat'l Team:
    United States
    The Hendricks are definitely in it for the long haul. They also provided the majority of the funding for the MD Soccerplex in Germantown. In fact, the indoor facility out there is called The Discovery Sports Center.

    Great news!
     
  16. RobtheAggie

    RobtheAggie Member+

    Sep 10, 2001
    Middle Georgia
    Club:
    Rochester Rhinos
    Nat'l Team:
    United States
    I could live with that.
     
  17. mpruitt

    mpruitt Member

    Feb 11, 2002
    E. Somerville
    Club:
    New England Revolution
    ding. 2 pts for a correct answer on that one.
     
  18. TEConnor

    TEConnor New Member

    Feb 22, 1999
    First off, women can't play soccer at all. Whoever got the opposite impression due to the fact that us fans of the men's game want their money, is quite off base.

    Now that we have that cleared up, this could just be a good investment regardless of the long-term stability of the WUSA. This could become a major venue for future Women's WC matches and qualifiers. If the District is willing to part with the land for a reasonable fee (free sounds about right to this Maryland taxpayer), then investing in a stadium like this is a no brainer. If you happen to own a team like the Freedom that might seriously benefit from the lower operating costs, dramatically increased cut of the concessions and parking, and would play in a place that didn't make 6,000 screaming girls seem like annoying insects in a sewer drain, then I can't see how not to invest. In addition, it gives you a tangible, long-term investment in a very attractive structure regardless. I'm sure there is some study that will be done, but here is my back of the envelope 5 year plan:

    1 MLS Cup
    1 MLS All-Star Game
    2 Men's World Cup Qualifiers
    8 Men's International Friendlies/Tourneys
    70 Regular Season MLS Matches
    10 International Club Exhibitions
    10 (hopefully) MLS Playoff Games

    1 WUSA Founder's Cup (is that actually what they call it?)
    1 WUSA All-Star Game
    2 Women's WC Games (it could happen)
    2 Women's WC Qualifiers
    4 Women's International Friendlies
    60 Regular Season WUSA Matches
    8 WUSA Playoff Matches

    15 Concerts
    2 Tractor Pulls
    1 Partridge in a pear tree.

    If you assume 70% occupancy for each of these matches/events and that each butt spends $25 in total that the owners/investors will see, that's a grand total of $90 million over 5 years. If you assume 80 % occupancy and $35 for each headcase, you've got an upperbound of $140 million for 5 years. That's $27 million / year. That's a good investment considering that the operating expenses of DC United and WUSA combined likely approach $5 million / year (Wild Butt Guess there).

    [Note: I forgot to mention that at a construction cost of, say, $50 million, you've got a three year payback, not to mention the tax shenanigans available for writing off portions of major capital investments.]

    Cheers,
    Tim
     
  19. mellon002

    mellon002 Member

    Jan 24, 2003
    Towson, MD
  20. CHICO13

    CHICO13 Moderator
    Staff Member

    Oct 4, 2001
    SECTION 135
    Club:
    The Strongest La Paz
    Nat'l Team:
    Bolivia
    You had me right up to the part about the tractor pulls. :rolleyes:
     
  21. GDopplerXT

    GDopplerXT Member

    Jun 12, 2001
    DC Area
    hehe. Revelation's gonna get you!! Did you not see the thread about this? I think it was the third one down!
     
  22. GDopplerXT

    GDopplerXT Member

    Jun 12, 2001
    DC Area
    I'm really excited about the annual partridge in a pear tree though.
     
  23. Knave

    Knave Member+

    May 25, 1999
    ### MODERATOR'S NOTE ###

    -- Thread Merged --
     
  24. TEConnor

    TEConnor New Member

    Feb 22, 1999
    Actually it's one every 5 years. But who's couting.

    And Chico, I thought about an alternative to tractor pulls, how about 2 moonie weddings?

    Tim
     
  25. CHICO13

    CHICO13 Moderator
    Staff Member

    Oct 4, 2001
    SECTION 135
    Club:
    The Strongest La Paz
    Nat'l Team:
    Bolivia
    Hey, if there's a tailgate involved, I'm all for it. :D
     

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