Tuesday, November 27, 2007
Taxpayers Foot $10 Million For Lucas Oil Scoreboards
Scoreboards for the new Lucas Oil Stadium will cost $11.4 million, and close to $10 million of your taxpayer dollars will be used to pay for them. That generous Colts' owner Jim Irsay will kick in a measly $1.75 million. I guess the $125 million deal Irsay struck with Lucas Oil for the naming rights on the new stadium didn't cover that cost. It is simply an outrage that this cost should be picked up by taxpayers when the scoreboards are nothing more than an advertising revenue bonanza for Irsay's Colts. I can only hope that Mayor-elect Greg Ballard will choose people to sit on the Capital Improvements Board of Managers who actually look out for the taxpayers' interest as opposed to Jim Irsay's interest. The decision to purchase the $11.4 million scoreboards, however, was made by the Indiana Stadium and Convention Building Authority, which Gov. Mitch Daniels indirectly controls. The Authority's Chairman, David Frick, is a Baker & Daniels partner with Fred Glass, the CIB Chairman who negotiated the worst stadium lease in NFL history from the standpoint of taxpayers.