A survey by Dr. Tim Ryan, a well respected economist and chancellor at the University of New Orleans, estimates that the Saints franchise generates $180 million yearly to New Orleans and Louisiana's economy. An additional $25 million in taxes from players and employee salaries are collected each year. In 2004 the state paid the Saints $7.1 million due to a shortfall of the designated $15 million to be collected from a hotel-motel tax levied in the New Orleans area. Naming rights for the Louisiana Superdome, which are not yet finalized, could bring an estimated $3 million to help close the gap.
Surely, Ms. Blanco understands the accounting process of not only developing new business, but retaining existing business in our state. Reports of $44 million in incentives were given to Union Tank Co. to relocate from another state to Alexandria. Sometimes, money has to be invested to better ourselves and make a profit.
The repercussions from losing the Saints are endless to everyone in the state. What would we do with an almost vacant Superdome? No Saints, no Superdome, no Super Bowls, and no annual Sugar Bowl. Major league sports bring a professional image to New Orleans and Louisiana. When a company surveys our area to locate a business, having the Saints is a definite plus.
One can make all the goofy jokes about the Saints not being a professional team and make remarks like, "I would rather pull for Jake and Carolina, anyway." But guess who the joke will be on one day if the Saints move to a bigger and hungrier city such as San Antonio, Las Vegas, or the NFL's choice, Los Angeles?
I respectfully request that Gov. Blanco use extreme caution when negotiating. Remember, Saints owner Tom Benson already has a contract in hand. We all must remember one more fact: If the saints leave, the NFL is gone forever in Louisiana.
Louisiana has joined nine other states in support of Indiana’s appeal of a federal judge’s ruling that the Hoosier State’s ban on sam-sex marriage violates the Constitution.
The Saints are being cautious in an effort to minimize risk of re-injury.
LSU Health Sciences Center says people with a common, hard-to-treat kind of lung cancer can join a new national trial to test drugs faster.
As New Orleans Saints coach Sean Payton and general manager Mickey Loomis spoke about the opening of training camp, steep, tree-covered mountains were in full view behind them.
The family of fallen cyclist Lon Lomas is speaking out after the release this week of the man charged with his death.
"The solutions are obvious: undo consolidation, or amend the charter to make this hybrid attempt at a new form of government work better."
Friday's Blogs from the Bog!
Marijuana source of disputes for HOAs; experts say still safe to fly; Russian-supported attacks on Ukraine and more national and international news for Friday, July 25, 2014.
The Board of Elementary and Secondary Education is considering whether to get involved in a lawsuit against Gov. Bobby Jindal for his attempts to undermine use of the Common Core education standards in Louisiana's public schools.
The latest meeting of a south Louisiana flood board that stirred political turmoil with a lawsuit against the oil and gas industry is taking place amid uncertainty over the future of the lawsuit — and the board's own membership.
The photos taken nearly a mile under the Gulf of Mexico are so clear that small holes are visible in a lifeboat that may have gone down or been scuttled when a passenger ship was sunk by a Nazi submarine in 1942.
Advocate columnist and Jindal shill Quin Hillyer has been against the New Orleans levee board lawsuit from day one, but a recent piece targeting author/activist John Barry prompted the perfect rebuttal from the board’s former vice-president, who takes Hillyer to task on just about every distorted claim he’s made on the issue.
Thousands of people who bought health insurance through the marketplace created by the federal health care overhaul face price hikes next year that could top 10 percent.
Louisiana fell one spot in an annual national ranking of child well-being that looks at poverty, education and health access.
A federal judge has decided he doesn't need to hear more arguments in the case of a gay couple who want a Louisiana marriage license.
Saints again bring playoff aspirations into 2014 campaign.
New details in the case against the man arrested for last week’s bomb threat and bank robbery has surfaced, including a MidSouth Bank surveillance video showing the alleged suspect attempt an early-morning bank robbery.
Parents and teachers who support the Common Core education standards sued Gov. Bobby Jindal Tuesday over his actions against the multi-state standards, accusing him of illegally meddling in education policy.
An arrest was announced this morning in connection with last week’s bomb scare at UL Lafayette.
Attorneys, judges and others interviewed by LaPolitics expect 15 to 20 district judge races this year.
"I feel like I'm under siege," an attorney said recently over drinks at Galatoire's Bistro in Baton Rouge. "We all do. Every time I turn around somebody wants a check. District attorney races. The judges. They're killing us."
As a requirement for running for Congress in the 6th District, former Gov. Edwin Edwards has filed his financial disclosure statement with the U.S. House showing his income in 2013 totaling $242,787.
Unlike those swindled by Bernie Madoff, the victims of Texas businessman Robert Allen Stanford’s Ponzi scheme won’t be getting any relief from the Securities Investor Protection Corp.’s emergency fund after a recent appellate court ruling.
The legal challenge is part of a continuing struggle over Common Core, which has become controversial since the Board of Elementary and Secondary Education adopted the standards in 2010.
The lone Democrat to announce he's running for governor, state Rep. John Bel Edwards, criticized Republican Gov. Bobby Jindal's budgeting tactics as "running the state like a big Ponzi scheme."