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Letter "R" » Roger Noll Quotes
«The bottom line is no, it's not worth it. It'd be worth it if you could hold down cost. But even if you get the stadium for free, you can't sustain the revenue without improving the quality of the team. You have to get more high-paid players to sustain that revenue.»
«The issue is durability, ... As an economist, all my instincts tell me just as the dot.com bubble had to burst, the small-market, new-stadium phenomenon had to burst.»
«Almost everything is done. Most teams have gotten them (new homes).»
«If you put a Super Bowl in Detroit in January, it does have a big positive benefit to the city - a significant fraction of those who attend and spend hundreds of bucks a piece wouldn't be there otherwise. But if you do the same thing in New Orleans for Mardi Gras, you're just displacing people who would be there anyway.»
«If you build a smaller stadium, not only is it more fun to watch the game, it creates scarcity.»
«The act of building a dome costs you $150 million right off the top, ... The attendance effect you get from having a domed stadium is way too small to justify the additional costs. You'd have to think 50 percent of attendance is at stake without a dome for it to make sense.»
«It would need to have the Super Bowl every week to make it worth it, ... Why New Orleans believes it needs the Superdome to be a well known vacation city escapes me.»
«It'll probably be another 10 years until the boom comes back again. Teams want major renovations every 20 years or so.»
«The act of building a dome costs you $150 million right off the top. The attendance effect you get from having a domed stadium is way too small to justify the additional costs. You'd have to think 50 percent of attendance is at stake without a dome for it to make sense.»
«It's much harder to argue that there's a useful role for (the California institute) if there are no restrictions on the NIH.»