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.
WaPo Watergate editor Ben Bradlee dies; Clintons stump for Dems; Liberians stranded and more national and international news for Wednesday, October 22, 2014.
Wednesday's Blogs from the Bog!
"I am extremely disheartened by the political machines that are attempting to hijack my efforts along with others that advocate for children."
Landrieu, who is fighting to keep her seat for a fourth term, said that Ebola is serious and precautions should be taken, but she accused Republicans of using the virus outbreak in West Africa to "create fear" here at home.
Law enforcement agencies are participating in a "Louisiana Heroin Summit," designed to address the recent rise in heroin use and drug-related deaths around the state.
State education officials are preparing to release performance scores for public schools and public school districts.
Saints coach Sean Payton is starting a new week by emphasizing, repeatedly, the many good things he noticed during New Orleans' latest loss.
We will be offering our recommendations on the constitutional amendments tomorrow.
The justices did not comment in leaving in place lower court rulings that dismissed the lawsuits against BP and other companies involved in the worst U.S. offshore oil spill.
White registration is down by 7,700 voters while black registration has shot up by 7,100 voters.
Even though it had been rumored for months, U.S. Sen. Mary Landrieu finally pulled the trigger recently on a major campaign shakeup that moved control over to a few Big Easy insiders.
Louisiana's health department says it will seek law changes to stop billing sexual assault victims for exams and tests.
It wasn’t the historic slashes to higher ed funding or the ensuing tuition spikes that recently had LSU’s student body and faculty riled up in collective outrage.
Will $400 be enough for the re-election campaign of LPSB's Hunter Beasley to overcome two years of holding our school system hostage and hurting the education of our children all because of a personal dislike of the superintendent?
Saints tight end Jimmy Graham said Friday he expects his playing status in Detroit to be decided by coach Sean Payton on Sunday, shortly before the game.
Lawmakers have sidestepped a decision on whether they accept claims from Gov. Bobby Jindal's administration that the state closed last year's books with a nearly $179 million surplus.
Coming off the high of a fourth quarter comeback against Tampa Bay and a helpful bye week, linebacker Junior Galette sees a real turnaround coming for New Orleans' struggling defense.
Former President Bill Clinton, the Democratic Party's most popular surrogate this fall, is heading to Louisiana early next week for a campaign rally with U.S. Sen. Mary Landrieu.
Time and again you hear people say DA Mike Harson is unbeatable because he's doled out political favors over the past 20 years. But a new lawsuit could end that speculation.
After the season's signature win (so far), here are some helpful tips for Cajun Nation during the conference stretch.
Did the state close last year's books with a surplus or a deficit?
Practicing without limitations on Wednesday, running back Mark Ingram looked ready to return to a New Orleans offense that once again ranks among the NFL's best when the Saints play at Detroit on Sunday.
It’s been decided: Superintendents of Louisiana’s public school system will retain the controversial powers granted by Act 1 of the 2012 session.
Louisiana Treasurer John Kennedy has a bone to pick with the Jindal administration, which recently — surprise! — announced that the state ended the most recent budget year with a $178.5 million dollar surplus.
The messaging battle, however, isn't tied to individual campaign accounts. Third-party groups have poured millions of dollars into advertising.