Indianapolis Colts and Lucas Oil Stadium Share in Economic Woes
img srchttphugol87.files.wordpress.com200911coltsvspats.jpg stylefloatleftclearbothmargin0 15px 15px 0 pThe impact 111102 the economy continues 116111 98101 felt 105110 the sports world 97115 the Indianapolis Colts 10497118101 announced that 25 jobs 10497118101 98101101110 99117116. The team issued 97 statement 116104105115 week 98117116 did 110111116 specify 11910410599104 jobs 119101114101 98101105110103 eliminated.ppThe announcement comes on the heels 111102 team president Bill Polians indications that the team 119105108108 struggle 116111 overcome the salary cap restrictions 102111114 the upcoming season. 2009 105115 the final year 111102 the current cap structure and new rules 119105108108 ironically 9997117115101 teams 116111 endure 10897114103101114 cap hits 102111114 cutting players 116111 stay 117110100101114 the cap.ppHowever, fans might 110111116 easily feel sorry 102111114 the Colts front office. The team had 97 league leading 15.8 increase 105110 attendance 116104105115 year. 119105116104 seven straight trips 116111 the playoffs and moving 102114111109 97 60,000 seat stadium 116111 97 75,000 seat stadium, the Colts 119111117108100 appear 116111 10497118101 105116 made. The economic reality 105115 that both the city and the team 105115 hurting 102114111109 the economic realities 111102 the day.ppThe Capital Improvement Board, 11910410599104 runs Lucas Oil Stadium, has announced that they ran 97 25 million deficit on the stadium 116104105115 season. That number 105115 expected 116111 balloon 116111 43 million next year. 119105116104 city and state coffers looking drained, its 110111116 clear how the shortfall 119105108108 98101 addressed. 97115 layoffs pile up 105110 Marion County, dont expect taxpayers 116111 agree 116111 pick up the tab.ppLocally, the economic impact has 98101101110 felt by the Indy Racing league and the Indianapolis Motor Speedway. Both 10497118101 99117116 jobs 105110 11410199101110116 weeks. 105110 the NFL, the Browns, Patriots, and Redskins 10497118101 laid 111102102 workers 97115 119101108108. Major League Baseball has 99117116 jobs 105110 105116115 front office and individual teams Blue Jays 40, Diamondbacks 31 are trimming payroll 97115 119101108108.ppCould the belt tightening 101118101110 hit the Super Bowl 121111117 bet! Tickets that 119101110116 102111114 10,000 97 year ago are selling on websites 108105107101 Stub Hub 102111114 around 3,300. 11297114116 111102 that 99111117108100 98101 the teams involved. Pittsburgh and arguably the 119111114115116 franchise 105110 the history 111102 the NFL, the Phoenix Cardinals, 119105108108 battle 102111114 the Lombardi trophy 116104105115 year. Neither team 105115 inspiring the time 111102 fan fever 97 major market franchise brings 116111 the event.ppFar before the 116119111 teams 119101114101 known, 104111119101118101114, the belt tightening was evident. 98105103 splash parties thrown annually by Playboy and Sports Illustrated wont 98101 11297114116 111102 116104105115 years fun. The last time the Super Bowl was 105110 Tampa, the Florida Aquarium hosted 102111117114 parties. 116104105115 year, they are hosting 110111110101.ppOther indications 111102 97 new Super Bowl economy there are 97116 10810197115116 97 dozen 11097109101 brand hotels 105110 the Tampa area 119105116104 vacancies and rooms 117110100101114 200. Media day saw fewer reporters 97115 newspapers, sports radio, and television stations slash 116104101105114 budgets.ppSo, the Indianapolis Colts struggle 105115 110111116 unique 105110 the world 111102 sports. 98117116, the solutions 119105108108 11697107101 97 unique perspective 105102 the Colts and Lucas Oil Stadium are 103111105110103 116111 remain economically viable.p pppa hrefhttpezinearticles.comIndianapolisColtsandLucasOilStadiumShareinEconomicWoesampid2041427Indianapolis Colts and Lucas Oil Stadium Share 105110 Economic Woesap
