As the Sixers get closer and closer to making their Camden dream a reality, they’ve hit the “asking for money” phase. According to Philadelphia Business Journal, the Sixers have applied for an $82 million grant (spread out over ten years at $8,204,050 per year) from the state of New Jersey as part of the state’s “Grow New Jersey Assistance Program.” The New Jersey Economic Development Authority will discuss it at their meeting tomorrow.
To put that money in perspective, it’s like paying for just about five Andrew Bynums at the money he was being paid the year he didn’t play here, and it’s actually cheaper than ten years of Thad Young at last season’s salary. When you put it that way, it’s a lot of bang for your buck. But then again, Camden.
UPDATE: Well, that was easy. The Sixers grant request got approved today, and as a result, Neil Hartman let us know about some interesting math:
How? Who knows man, that’s some New Jersey math.
13 Responses
They can leave and take the Flyers with them.
Could Jersey be any stupider? Let’s give $80+M to a franchise that nobody cares about.
HEY JIM SADGAIR! I hope your “career” plummets to the bottom of the fuckin septic tank with the rest of the diarrhea after joining this sorry ass excuse for a site. I hope RHE@ HUGHS sprays green, period infused, stinking, corn filled, spicy diarrhea down your throat whilst I pump ejaculate all over my dog via masturbating with sandpaper covered in american cheese. After that, ill get my dog erect by sucking its slimey, bulbous, red, shining penis and drink its sperm whilst anally penetrating my keyboard (aka my daily radio programme) because YOU, Tim Adair, YOU wrote something so horrible that it caused me to behave thaf way. I hope you flush yourself down a toilet you god damn mother fucking faggot fucking pile of fucking worthless garbage. Eat my Catalditits, cunt.
Ang, I told you not to skip your meds!
I’m confused. Is it “Tim” or “Jim”?
BTW, work much?
Wait till Johnny doc hears this. He’ll be sponsoring the Brooklyn Nets if this carpet bagging owner builds a facility in jersey. Let’s build one in the vast wasteland known as the delaware riverfront.
How much income will this bring to New Jersey that would justify that kind of grant? They aren’t going to be playing games there. I don’t get it.
agreed. initially, it will create many jobs in the short-term, ie construction. however, i dont see much long-term benefits here. maybe they plan to whore it out much like the flyers do with their skate centers?
“Practice? We talkin’ ’bout practice? Practice.”
Now these dopes are cutting and pasting THEIR OWN stuff.
It’s fucking disgusting what this state is doing with our tax dollars. These politicans just handing it over like it’s monopoly money to already extremely rich corporations. I’m getting sick of this shit.
“That program provided funding to 10 other companies since last year, ranging from $972,790 a year for 10 years awarded to Vintage Pharmaceuticals to create 25 jobs in Cranbury, N.J., to $39.5 million a year for 10 years awarded to Biovail Americas, which created 550 new jobs and help retain 270 jobs in Bridgewater, N.J.
Its kind of sad to think that the owners of a Philadelphia sports franchise would move their headquarters to NJ (Camden even) just to avoid Philadelphia wage taxes. That goes to show that it is just a business and no longer has any ties to the city.
It goes to show that the filth and taxes in Philly outweigh the crime in Camden.
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