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average joe

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About average joe

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  1. average joe

    Amway Arena

    I think the existing arena is attractive, well built and well designed (except for the skybox) locations. It could use some renovation. To knock it to the ground and rebuild it for 480 million is a colossal waste of money that could go to many other projects that would serve a lot more people. That being said, I have no doubt that the new arena will be built at this point. Here
  2. average joe

    Amway Arena

    I know that this is a site full of Magic fans but I would like to give you my take on the new proposed arena plus I would like to hear yours. As you may know the arena was built in 1989 and seats 17,248 people (for basketball). The proposed arena will seat an additonal 2,752 people and cost an estimated 480 million dollars. That works out to $174,419 for each additional seat. That seat will be sat in (if filled)for only 44 Magic home games per year (based on-this season). The Magic have said they need a new arena to stop the 20 million dollar loss each year and would have to go somewhere else if they don't. They won't back that figure up with their accounting though which makes me wonder. The Magic are willing to contribute 50 million (Rich Devos is a billionare). By some estimates, the Magic will make 65 million in revenue in the 1st year. The City is happy to break even (thanks alot for looking out for the little guy). Now, I know most everyone on this forum is a diehard Magic fan. As for me, I find watching sports in general boring so I am not a Magic fan. My beef as an average Joe is this: Orange County, Fl has a population of over 1 million. Why spent 480 million on a new arena to satisfy an additional 2,752 people. Use that money for the good of the vast majority of residents. My preference would be to buy land and build more parks throughout the City that are used year-round by the general public. If the Magic, needs "x" amount of money to survive and stay in Orlando, let them open up their books and see if the City can work something out. Don't hold the City hostage and secondly don't skewed the deal so heavily in your favor. Average Joe
  3. average joe

    Amway Arena

    I know that this is a site full of Magic fans but I would like to give you my take on the new proposed arena plus I would like to hear yours. As you may know the arena was built in 1989 and seats 17,248 people (for basketball). The proposed arena will seat an additonal 2,752 people and cost an estimated 480 million dollars. That works out to $174,419 for each additional seat. That seat will be sat in (if filled)for only 44 Magic home games per year (based on-this season). The Magic have said they need a new arena to stop the 20 million dollar loss each year and would have to go somewhere else if they don't. They won't back that figure up with their accounting though which makes me wonder. The Magic are willing to contribute 50 million (Rich Devos is a billionare). By some estimates, the Magic will make 65 million in revenue in the 1st year. The City is happy to break even (thanks alot for looking out for the little guy). Now, I know most everyone on this forum is a diehard Magic fan. As for me, I find watching sports in general boring so I am not a Magic fan. My beef as an average Joe is this: Orange County, Fl has a population of over 1 million. Why spent 480 million on a new arena to satisfy an additional 2,752 people. Use that money for the good of the vast majority of residents. My preference would be to buy land and build more parks throughout the City that are used year-round by the general public. If the Magic, needs "x" amount of money to survive and stay in Orlando, let them open up their books and see if the City can work something out. Don't hold the City hostage and secondly don't skewed the deal so heavily in your favor. Average Joe
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