Anecdotal. You must truly realize that in the overall big picture, no one, and I mean no one, outspends liberals.
State Legislator on KSR says they don't know
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****NOT POLITICAL I PROMISE. JUST "IDEOLOGY******
not to mention if liberals were able to fund EVERY ONE of their goals at the beginning of the fiscal year, we'd already be a communist state. They would crush our economy.
Way to completely ignore the fact that republicans overwhelmingly voted for it. Good job. And it is data, not "anecdotal" evidence.
You do realize they were backed in the corner by a shitty original deal that was done during the Dem control. I thought so.
"Data" of a small incident may or may not be anecdotal, but it is only evidence of a single data set, and only relates to that single point. Whereas, generalizations of libs vs Republican spending is non argumentive.
LOL. They were in power for 90 years
less talk about dems/repubs, more talk about corrupt Louisville
UL trolls hijacking the original topic. It's now a political ideology thread with the UL -Yum scam a secondary topic.
I know that. When I said another I meant another arena. I know that UofL never spent a nickel of their own money on the YUM Center. They didn't have to. They fixed to where the taxpayers are ultimately paying for it while they reap the benefits and almost all the revenue from it.
Were being the key word. Past issues can certainly be blamed on them, current issues are all on the republicans.
I'm an independent from Ohio so I couldn't care less, but blaming this on Dems is the dumbest thing I've ever heard of.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Is the answer to your question and every other question within this thread regarding the SCUM Center votes. Turtleneck and UofL have deep pockets thanks to the taxpayers of Kentucky.
Backed in a corner? The original deal was shady because UL board member controlled the Arena Authority and UL basically negotiated with themselves. Yalls gang war politics is just a distraction.
Again, both parties are trash! Yalls only defense is, well were not as bad as the other side.
I did listen to the interview. Interesting in a couple of ways.
1. Both he and Jones said they've heard UofL gets around $80 million a year out of the arena. Eighty million dollars!! Holy crap. That's got to be unique in all the history of college athletics - and is the single answer to how Louisville went from basically having a mid major athletics budget to, suddenly, having the same budget UK does. Overnight. (So, remember when you go to a concert at Yum, you're supporting UofL.)
2. The rep was asked why so many voted yes for a crappy deal. His answer was basically, politics: if they didn't vote yes, the arena will, no doubt, go bankrupt, and if it does it craters the economy of downtown Louisville. And no one wants to see that (and politically no one for sure wants to be identified as voting against the bill that would have saved the arena). He admitted if it was a tie vote and his vote would've made the bill pass or fail, he'd likely have voted for it.
1. Both he and Jones said they've heard UofL gets around $80 million a year out of the arena. Eighty million dollars!! Holy crap. That's got to be unique in all the history of college athletics - and is the single answer to how Louisville went from basically having a mid major athletics budget to, suddenly, having the same budget UK does. Overnight. (So, remember when you go to a concert at Yum, you're supporting UofL.)
2. The rep was asked why so many voted yes for a crappy deal. His answer was basically, politics: if they didn't vote yes, the arena will, no doubt, go bankrupt, and if it does it craters the economy of downtown Louisville. And no one wants to see that (and politically no one for sure wants to be identified as voting against the bill that would have saved the arena). He admitted if it was a tie vote and his vote would've made the bill pass or fail, he'd likely have voted for it.
Also, this isn't a Republican vs Democrat issue, it's not a liberal vs conservative issue, it's not even a Blue vs Red issue really. This is about cronyism, it's about malfeasance, it's about crooked politicians and crooked administrators. Surely we can all agree this is bad no matter how we vote or who we cheer for....
Jones said Tom a Jurich recently got a $6 million bonus - a bonus!! - and all if that, like everything about UofL athletics, is based on the $80 million they drain out of the arena yearly....
Jones said Tom a Jurich recently got a $6 million bonus - a bonus!! - and all if that, like everything about UofL athletics, is based on the $80 million they drain out of the arena yearly....
And UK makes about ten million a year net playing in Rupp. I don't understand what Bevin and the legislators that voted to give UL this advantage are going to tell U.K. Fans next time they run for election. We need a clean sweep and legislators who will not abuse the public trust and do what is right.
Bankruptcy is actually the answer here. UL isn't going anywhere and the bankruptcy judge simply r draw as the lease to make it similar to an arm lengths transaction . Bankruptcies happen every day and they solve lots of problems. It will not shut the arena down just make it be on a sound footing going forward.
Exactly right. If they fail to let the Yum go bankrupt, it just highlights the fact that malfeasance and corruption stretch far beyond the borders of Jefferson Co.
Republican Ernie Fletcher was all in for the arena when he was governor. He appointed Jim Host to make it happen. He was hoping to to get a bunch of votes from heavily democratic Jefferson county in his re-election campaign. He lost and so did the taxpayers of the state of Kentucky.
The average UK fan doesn't vote in local elections and the average voter doesn't care about that.
Problem is it would ruin the cities credit rating and end up costing the city/state a lot more money for everything. The correct move was telling UL to renegotiate to a fair deal or lose state funding.
Not so. City /State could still assure bondholder payment and just use the bankruptcy to deal with ridiculous lease issues that prevent the arena from maximum utilization like UL tying up six months of dates from Oct to March 18 months in advance, UL reserving arena for three days for each home game (One day before one day after).
Is that a legit figure? I wondered, naturally, about the number we get from Rupp as I listened to Jones and the legislator yesterday say they both think UofL gets the $80 million from YUM! That needs to be emblazoned on billboards, needs to be permanent scroll across the bottom of every television channel, needs to be added via amendment to the State Constitution. Any time any UofL fan, any media member or any administrator from UofL tries to crow about "most profitable" this or that - the answer needs to come in the form of a tattoo across their forehead. You get $80 million from a shady lease deal. It's crooked, it's illegitimate, it has nothing to do with your standing as an athletics department, has nothing to do with 'leadership'. It's cronyism, plain and simple.
For frame of reference - just a few years ago, Louisville's total Athletics Budget was in the upper 30s to low 40s in millions of dollars. And now they get $80 million from a single lease! Good night.
So a bankruptcy wouldn't affect the city's credit rating? How do you figure that?
Withhold the UL potion of the annual State Funding until UL makes it right. They are getting more tax payer money from Yum then from the state funding. Cut it off until they produce the books and renegotiate. They are double dipping tax payors at the present time!
Stick to the Yum center. Move national politics to the Paddock.
Yeah, he's a one-trick pony.
But that has nothing to do with this issue. This is a perfectly legitimate topic, concerning some truly despicable crimes against the people of our state.
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