Louisiana Governor working on lease extension for Saints

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It wasn’t that long ago that people weren’t sure the Saints would still be in New Orleans at all.

Now, they’re working on another 30 years.

According to the Associated Press, Louisiana Gov. John Bel Edwards said the state was working on a lease extension which would keep the Saints in the Superdome for up to 30 years.

Edwards said the lease talks were happening alongside another round of renovations for the building, which he said were “extensive and needed” (which for $500 million they ought to be).

The current lease runs through 2025, which would be the 50th birthday of the state-owned building. The last round of renovations ($336 million worth) came in the six years after Hurricane Katrina hit in 2005.

The lease would begin with another 15-year commitment, and “with framework in place” for an another 15.

While the Saints were away from home following Katrina, it was unclear if the team would return. But they’ve come back and continue to thrive, like their city.

3 responses to “Louisiana Governor working on lease extension for Saints

  1. So the taxpayer paid $336 million between 2005 and 2011.
    Now they should pay $500 million for a 15-year commitment?
    “with framework in place” for an another 15 – what does that mean?
    Sounds liek smoke and mirrors to get yet more taxpayer money.
    Sounds like a horrible waste of taxpayer money.

  2. The superdome is still the best stadium in the NFL and should be renovated forever. It’s just a giant shell and it’s location next to major traffic arteries is fantastic. Renovations can make the stadium essentially a new structure, change the facade, etc. But this structure should not go away. It could still use improvement to traffic patterns and parking, and encouraging tailgating or public transportation, but I doubt Louisiana will invest in those functionally useful upgrades.

    The cost of the Superdome to taxpayers in an extremely poor state has never made sense. But that’s the NFL for you. If you go to games, the stands are filled with a lot more everyday folk than say an NBA or NHL game. Whether you are a janitor or a CEO, you sit together in the stands. Is it worth it for the city to pay for that? I don’t know but it seems like there is endless tolerance for that kind of spending.

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