Disclosure: Rose Law Group represents the Phoenix Suns
Opinion: Phoenix has good reason to contribute mightily to arena renovations, especially when its options are few and far between.
By Abe Kwok | Arizona Republic
The city of Phoenix and the Phoenix Suns have no one but themselves to blame for the stumbles on a proposed deal to renovate the arena the Suns play in.
(Editor’s note: Opinion pieces are published for discussions purposes only.)
The secrecy in negotiations. The lack of public input. The hurriedly scheduled city council vote. The blinders they put on to objections of public subsidies to private enterprise, especially to uberrich sports-team owners.
That said, the deal isn’t a bad one. Not for the city or for taxpayers.
Yes, having Phoenix foot $150 million of the $230 million in renovations, with the Suns paying the other $80 million and any cost overrun, may on its face seem unbalanced.