NAMED: Levi's® Stadium thread

Not gangsta

OG jeans are cooler than most other businesses

whats up guys first post
.....i think we should nickname it
"the pitch" lol from okoye....no one else calls it that in america lol so why not?
probably get bad feed back from this but o well cant all be winners....besides the niner =D!!!!!

Originally posted by mug0mug:

OG jeans are cooler than most other businesses

.

Originally posted by gold49digger:

Originally posted by Phoenix49ers:

Originally posted by SnakePlissken:

Harbaugh got all dressed up for the event I see.

photoshopped???

Who's the guy on the left?

Originally posted by 9erfanAUS:

Originally posted by gold49digger:

Originally posted by Phoenix49ers:

Originally posted by SnakePlissken:

Harbaugh got all dressed up for the event I see.

photoshopped???

Who's the guy on the left?

Nicholas Cage

Originally posted by TonyStarks:

Originally posted by 9erfanAUS:

Originally posted by gold49digger:

Originally posted by Phoenix49ers:

Originally posted by SnakePlissken:

Harbaugh got all dressed up for the event I see.

photoshopped???

Who's the guy on the left?

Nicholas Cage

My guess is either Ron Jeremy or Bob Lange

Really really dislike this, but I guess I'll get over it.

Originally posted by Marvin49:

Originally posted by pdizo916:

Originally posted by qnnhan7:

haha, this n***a.


Man, i didn't realize that the naming rights will pay for 1/4th of the stadium cost. What other sponsors can help pay for that nice ass stadium?

It doesn't quite work that way.

1) 66 Mil goes directly to the 49ers. We could complain about that but thats only 30% of the deal. By contrast, the Seahawks, Rams, and Cards kept 100% of the naming rights deals....tho they were smaller and the teams covered some building overruns.

2) The remaining money won't get directly applied to the cost of the stadium. It's 11 mil per season, not a lump sum of 220 million. The stadium is financed, so a good portion of that 11 mil per will actually be applied to the INTEREST on the loan, not the principal.

I'm just guessing here, but I'd guess that only 80 to 100 mil of that contract actually goes toward paying down the principal of the loan.

Originally posted by Marvin49:
It doesn't quite work that way.

1) 66 Mil goes directly to the 49ers. We could complain about that but thats only 30% of the deal. By contrast, the Seahawks, Rams, and Cards kept 100% of the naming rights deals....tho they were smaller and the teams covered some building overruns.

2) The remaining money won't get directly applied to the cost of the stadium. It's 11 mil per season, not a lump sum of 220 million. The stadium is financed, so a good portion of that 11 mil per will actually be applied to the INTEREST on the loan, not the principal.

I'm just guessing here, but I'd guess that only 80 to 100 mil of that contract actually goes toward paying down the principal of the loan.

Yeah I read it the same way, as 220/20 = 11M a year. 3.3M to the Niners and 7.7M to the City. Peanuts really when you consider the 49ers are paying 30M a season in rent. Those NFL teams are raking it in.

Originally posted by niners_guy:
Yeah I read it the same way, as 220/20 = 11M a year. 3.3M to the Niners and 7.7M to the City. Peanuts really when you consider the 49ers are paying 30M a season in rent. Those NFL teams are raking it in.

The money that goes to City is paying off the loan the 49ers received from public funds, isn't it.

If it is, then that 7.7 million is a direct benefit to the 49ers. If the team got that money directly, it would still have to pay the loan back.

Or I am confused again.

Originally posted by Protoman:
Levi's Stadium is a rather interesting name for their new home, but I guess I'll...

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Grow into it.

for a noob, that was funny as f**k lol

good s**t lol

Originally posted by buck:

Originally posted by niners_guy:
Yeah I read it the same way, as 220/20 = 11M a year. 3.3M to the Niners and 7.7M to the City. Peanuts really when you consider the 49ers are paying 30M a season in rent. Those NFL teams are raking it in.

The money that goes to City is paying off the loan the 49ers received from public funds, isn't it.

If it is, then that 7.7 million is a direct benefit to the 49ers. If the team got that money directly, it would still have to pay the loan back.

Or I am confused again.

Yes, it's a piece of the picture in repaying the loan for the stadium. This is from the Merc regarding the refinance they did, before naming rights were announced:

" It will cost at least $69 million in initial financing costs to refinance the loan, plus much more in interest and fees over the long run.

The new projections show the project debt will fall by about $216 million, to roughly $634 million, by the time the stadium opens in summer 2014. That's mostly because fans continue to submit advance payments faster than expected for seat licenses, which allow Niner faithful the opportunity to buy season tickets at a cost of $2,000 to $80,000 apiece. Fans have committed to buying more than $410 million in seat licenses so far.

By the time fans finish paying off their seat licenses in 2022, the loan is expected to shrink to less than $350 million. The remaining debt will be paid off with revenue from naming rights -- a corporate sponsor is still in the works -- ticket fees and rent from the 49ers, which is expected to be in the neighborhood of $30 million a year.

Most of the debt will be 25-year, fixed-rate bonds, while the rest will be five-year, variable-rate bank loans. Carey said the projections show that debt will be gone by 2039, and that includes a buffer of several million dollars per year to pay for stadium operating costs and other expenses.
"

Originally posted by niners_guy:

Yes, it's a piece of the picture in repaying the loan for the stadium. This is from the Merc regarding the refinance they did, before naming rights were announced:

" It will cost at least $69 million in initial financing costs to refinance the loan, plus much more in interest and fees over the long run.

The new projections show the project debt will fall by about $216 million, to roughly $634 million, by the time the stadium opens in summer 2014. That's mostly because fans continue to submit advance payments faster than expected for seat licenses, which allow Niner faithful the opportunity to buy season tickets at a cost of $2,000 to $80,000 apiece. Fans have committed to buying more than $410 million in seat licenses so far.

By the time fans finish paying off their seat licenses in 2022, the loan is expected to shrink to less than $350 million. The remaining debt will be paid off with revenue from naming rights -- a corporate sponsor is still in the works -- ticket fees and rent from the 49ers, which is expected to be in the neighborhood of $30 million a year.

Most of the debt will be 25-year, fixed-rate bonds, while the rest will be five-year, variable-rate bank loans. Carey said the projections show that debt will be gone by 2039, and that includes a buffer of several million dollars per year to pay for stadium operating costs and other expenses.
"

By 2039 the stadium will be 25 years old so the debt had better be paid off!

Originally posted by English:

By 2039 the stadium will be 25 years old so the debt had better be paid off!

After that it will be completely worthless, good point.

Originally posted by 9erReign:

Originally posted by English:
By 2039 the stadium will be 25 years old so the debt had better be paid off!

After that it will be completely worthless, good point.

Why after 25 years will it be completely worthless?