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Get your pitchforks - Sports agency seeks help on loan at Reliant

Discussion in 'BBS Hangout' started by IBTL, Feb 12, 2011.

  1. IBTL

    IBTL Member

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    From the chron website:

    http://www.chron.com/disp/story.mpl/metropolitan/7424008.html

    from the article-
    "The Harris County Sports & Convention Corp., a county-created landlord for Reliant Park, borrows $19.1 million from Texans owner Robert McNair. It uses the money to buy land for a Texans practice field and more parking. "

    So what kind of scam is that? McNair lends money at what interest rate? And makes money off the interest of that loan(7 million) and then gets the city to use that money to build a practice facility for HIS TEAM ?? And parking that HE CHARGES FOR? what kind of a scam is that?

    I want to lend money and make interest off of it ,so that the money I lend can be used to make more money for me ..thankfully I can use that money I lent to expend on other aspects on my business? Umm am I following this right?

    am I the only one that is over McNair? I wouldn't be surprised all to learn that McNair and Mayor Lanier were/are bed buddies. I think for sure some palms were greased and they got to make Adams out to be the bad guy.while equally contributing to the loss of our precious Oilers.

    After the scam of yearly parking/ticket raised prices ,and scared to pick reggie bush due to signability and more cheapness (not wanting to pay big number one money) I think I have seen enough to know what Mcnair is all about... and now I read this?

    Good work if you can get it I suppose. Yeah McNair I love it when the Texans first came out everyone called them a 'class organization' well based on what? ?!!

    And why did we choose this Texans name? Isn't that some Dallas garbage? yeah Adams was a piece of work but he only wanted the stadium Lanier wouldn't build. I mean how quick did they put that stadium up after they ran Adams out of town? just keep sipping on your kool aid telling yourself the texans are class, care anything about money. And hope they dont get the number one pick because they sure as hell dont want to throw down the cash to pay for a number 1. What a joke

    csb: I signed up at chron to post comments. My name is freakyshanequa69
     
  2. moestavern19

    moestavern19 Member

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    Did someone say Pitchfork?
     
  3. DonkeyMagic

    DonkeyMagic Contributing Member
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    you really still want the texans to have picked bush?

    argument fail
     
  4. Commodore

    Commodore Contributing Member

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    This type of corporatism is pretty much par for the course these days, from DC on down to localities.

    Welcome to bailout nation and public/private partnerships. The one thing you can be sure of is your tax dollars being used (sorry, "invested") for the benefit of someone else.
     
    1 person likes this.
  5. Blake

    Blake Contributing Member

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    If Pitchfork gave McNair an 8.0 or above, then he must be doing a good job
     
    1 person likes this.
  6. IBTL

    IBTL Member

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    yes as in town hall where you should be right now. We did about as much revolting and uprising as we could handle in the 1860 and 60's I don't think we are that kind of country anymore. We like to think that there aren't things like corruption... all so sweet and innocent.

    I'm just pissed because I really liked the oilers and paid taxes to HISD and HCAD. That **** ain't cheap pardner.

    I also went on toll roads and I'm sure you might go on a toll road sometime if you are in Houston. So when you pay that toll as the article indicates, then you are contributing to the fund that paid the loan to McNair, that he made interest on, to make a facility, and parking - that he is charging you for.
     
  7. treyk3

    treyk3 Contributing Member

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    I feel owners really need to be BNM'd to attract the Free Agents.
     
  8. IBTL

    IBTL Member

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    one of the reasons they stated at the time was signability. THEY DID NOT WANT TO PAY THE NUMBER ONE PICK. The didn't want to be there !! That's the hallmark of a cheap organization !! You have to have the dong to make the pick. And williams had one tackle against the colts in one game this year. Reggie has impacted his team and contributed. I can remember some run backs and plays. Your argument about William is shakey at best.

    They went the cheap route (as with donta,parking etc) and didn't want to throw down for the consensus number one.

    They are a cheap organization that gets the taxpayers to pay them interest while charging the taxpayer to use that and making money off the taxpayer again.

    Yeah I think it's awesome!! let's hug
     
    1 person likes this.
  9. Uprising

    Uprising Contributing Member

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    I didn't agree with your points....but I stopped reading here.
     
  10. rtsy

    rtsy Member

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    Could be worse:

    [​IMG]

    <iframe title="YouTube video player" width="640" height="390" src="http://www.youtube.com/embed/yP7HCKweZiY?hd=1" frameborder="0" allowfullscreen></iframe>
     
  11. Dairy Ashford

    Dairy Ashford Member

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    I think Ed Fowler writes up a pretty decent description of typical county stadium financing deals in that "Loser Takes All" book about the Oilers, the only thing I interpreted from it was county gets bonds to builds stadium, mortgages stadium to team at 10 years interest free, that inflow plus hotel taxes pays off bonds and transfers stadium ownership to franchise. So at the end of the day, county is paid off but team owns stadium.

    I guess the issue of McNair lending the money could be problematic on the assumption that the county could hypothetically get better financing elsewhere?
     
  12. KingCheetah

    KingCheetah Contributing Member

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  13. IBTL

    IBTL Member

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    ya never mind that pesky thing about 'the toll road supposed to not be a toll road once it pays for itself' thing they ran at the time.. or the fact that the money was used to pay for things that perhaps he should have paid for. well of course he didn't pay for it and he collected interest on the tax payer money for it.

    then he turns around and raises the price of the parking over and over that was paid with the money he collected interest on to make the parking lot that he is charging for?

    I'm surprised he didn't collect something from the dump I just took? maybe he did? he is probably in on everything. no wonder he is a billionaire? :confused: ... it might be okay if he didnt fields losing teams with debacles and moves like boselli carr, casserly,capers (aka run run pass punt)doesn't want to pay dunta, doesn't have the sack to take consensus number 1 due to signability.Ad nauseum about signing-- I make this all up myself:
    http://www.youtube.com/watch?v=fQI4VYb6iGM

    (lol when he says we will be back on track next year..man he's a real go getter)

    You mcnair apologist need to wake up and look at the W- L record and what this team has done off the field in terms of the overall message they send. They are not a class organization and every time I pay a toll I want to piss in it now. But for what it's too late mcnair already got paid and now I get to pay him for parking too?

    Darn I sure do miss the house of pain, the luv ya blue and my oilers. This sucks!

    FreeMyOilers.com (don't get any sick porno ideas guys)- 'hasta la victoria siempre'
     
  14. pgabriel

    pgabriel Educated Negro
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    I don't think the texans will own that land.
     
  15. DieHard Rocket

    DieHard Rocket Contributing Member

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    Is this a joke?

    Reggie Bush has 1,927 total yards (rushing+receiving) over the past 3 seasons. Arian foster had over 2200 this year ALONE. There are probably 30 other running backs over the past 3 years that have more yards than Bush. And you're going to sit here and say that Reggie has impacted his team? The guy got paid 11 million this year (base salary) and only played 8 games.

    Talk **** all you want about Bob's off-the-field business practices (I promise you Bob Mcnair is not the only sports owner benefiting from deals like this) and ability to evaluate the organization, but using the '06 draft as an example as a joke. I completely understand what you're trying to say, but it doesn't matter - they got it right. Did it occur to you that maybe they realized that Bush might not live up to the hype and wouldn't be worth the albatross figure he ended up making?
     
    #15 DieHard Rocket, Feb 14, 2011
    Last edited: Feb 14, 2011
    1 person likes this.
  16. pradaxpimp

    pradaxpimp Contributing Member

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    But the other owners told him he was on the right track though.
     
  17. Hey Now!

    Hey Now! Contributing Member

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    If by "they" you mean angry, anonymous internet posters, then yes - signability was mentioned at the time. But the Texans never breathed a word publicly about Bush's signability. That's simply not true. Here's what Casserly said, at the press conference to announce Williams' deal, when asked about Bush's signability and whether it impacted their decision: "Not at all. We were confident we could reach a deal with Reggie Bush too."

    Please stop acting like Mario Williams was an intern. They paid him $54M (6 years) including a record-at-the-time $26.5M guaranteed. That was more guaranteed money than Eli Manning received the year before ($20M) and considerably more overall than Alex Smith received the year after (6/$49.5M; $24M guaranteed).

    I guess you could argue it was the cheap*er* route (Bush wound up getting 6/$54M; $26.2 guaranteed - so he probably wasn't going to get much more from the Texans) - but to label it "cheap" is patently wrong. They handed over a boatload of money to Mario Williams.
     
  18. updawg

    updawg Member

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    Passing on VY doomed this franchise. You can't pass on a pro bowl qb.
     
  19. MoonDogg

    MoonDogg Member

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  20. ubigred

    ubigred Contributing Member

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    Still makes me laugh!
     

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