Key tweets, and it's all gone to Hell.

[Fishy]

Just want to add, that I never heard about the Chicago parking meter deal, what a disaster.

LaZ Parking i believe bought those meters. We are familiar with them no?

No, it was not LaZ - it’s Morgan Stanley and some offshore interests. UAE, etc.

It’s an amazing deal….you absolutely should read about it.

It’s so bad that whenever Chicago has an event like a parade or a rally that prevents people from parking at meters, Chicago has to pay the cost of those meters to the equity company. If they do something like adding bike lanes or introducing bike shares that might result in people using fewer meters, they have to reimburse the company.

Chicago has had to give the company around $100,000,000 in opportunity costs since the start of the contract.

 

[upstater]

No, it was not LaZ - it’s Morgan Stanley and some offshore interests. UAE, etc.

It’s an amazing deal….you absolutely should read about it.

It’s so bad that whenever Chicago has an event like a parade or a rally that prevents people from parking at meters, Chicago has to pay the cost of those meters to the equity company. If they do something like adding bike lanes or introducing bike shares that might result in people using fewer meters, they have to reimburse the company.

Chicago has had to give the company around $100,000,000 in opportunity costs since the start of the contract.

Did they bribe anyone to get this deal?

 

[buddy]

https://www.bristolct.gov/DocumentCenter/View/46096/GL2023-TOPTENNET?bidId=

Never mind!

 

[JohnFSilver]

They don’t want us. It’s so simple.

This is correct.

 

[MilliniumPrince]

Just want to add, that I never heard about the Chicago parking meter deal, what a disaster.

It is worse when you actually read the history and all the details.

 

[jostar1]

 

[JohnFSilver]

It is worse when you actually read the history and all the details.

What a ridiculous deal.

 

[Fishy]

Did they bribe anyone to get this deal?

It’s Chicago, so maybe.

What happened…Daly “negotiated” the deal with Morgan Stanley and then dropped it on the city council who had a day or two to review it before voting on it. They approved it because…Chicago.

Morgan Stanley then went out and basically resold the deal to Abu Dhabi.

Deal was $1.2B. The investors have made up the entire purchase price, plus $500M. Parking revenue per year is now estimated at $150M per year - there’s 60 years left on the deal.

The investors will make $10B on this, easy.

 

[upstater]

It’s Chicago, so maybe.

What happened…Daly “negotiated” the deal with Morgan Stanley and then dropped it on the city council who had a day or two to review it before voting on it. They approved it because…Chicago.

Morgan Stanley then went out and basically resold the deal to Abu Dhabi.

Deal was $1.2B. The investors have made up the entire purchase price, plus $500M. Parking revenue per year is now estimated at $150M per year - there’s 60 years left on the deal.

The investors will make $10B on this, easy.

They better uncover that bribe quick.

I've seen countries get out of bad deals when the bribe was discovered.

 

[ScottVib]

Just want to add, that I never heard about the Chicago parking meter deal, what a disaster.

It's not dissimilar to what companies do with red light and speed cameras. It's generally more lucrative for the tech company than for the town.

 

[ScottVib]

Never mind!

Disney Streaming Tech on that grand list is also from the ESPN campus. A good chunk of Disney's Tech (non-Enterprise) team came out of ESPN Technology and is based there.

 

[Stinger92860]

It's not dissimilar to what companies do with red light and speed cameras. It's generally more lucrative for the tech company than for the town.

This I have read about, specifically related to Washington CT.

Automated Traffic Cameras Coming Soon To A Connecticut Town Near You | CT News Junkie

So far, the only approved plan for the automatic traffic enforcement cameras is in Washington, Connecticut – a town of 3,452 residents – but Stamford and New Haven have submitted proposals that are under review by the state Department of Transportation’s Office of State Traffic Administration...

ctnewsjunkie.com

 

[AZHuskiePop]

Exactly.

You’ll note that they do not want that….they want more money for “being” Florida State.

Last year was an anomaly for FSU
Look at the ratings of ACC games compared with FSU or Clemson vs any other ACC team on a 5 year average
The FSU ratings were double those of the ACC mean , higher that many SEC or or B1G teams yet they are receiving BC money . Thst model is ridiculous.
In media Eyeballs is the only thing that counts.
As a UConn fan I totally understand we’re in the same boat in as FSU re our media deal . The fact we make the same as DePaul is crazy .
I favor an unbalanced model based on ratings incentives.
Ohio State / Mich + Alabama / Georgia are in the same boat.
These media contracts are averaged per team but if the B1G grts $80million
OSU is probably worth close to double that
Where Rutgers gets a fraction
Media money incentives based on ratings seems fair to me .
It encourages investment and promotion of lower teams . I think it could possible promote stability also .

 

[huskymedic]

 

[CTFAN4LIFE]

Last year was an anomaly for FSU
Look at the ratings of ACC games compared with FSU or Clemson vs any other ACC team on a 5 year average
The FSU ratings were double those of the ACC mean , higher that many SEC or or B1G teams yet they are receiving BC money . Thst model is ridiculous.
In media Eyeballs is the only thing that counts.
As a UConn fan I totally understand we’re in the same boat in as FSU re our media deal . The fact we make the same as DePaul is crazy .
I favor an unbalanced model based on ratings incentives.
Ohio State / Mich + Alabama / Georgia are in the same boat.
These media contracts are averaged per team but if the B1G grts $80million
OSU is probably worth close to double that
Where Rutgers gets a fraction
Media money incentives based on ratings seems fair to me .
It encourages investment and promotion of lower teams . I think it could possible promote stability also .

Meritocracy is usually a good thing.

 

[UConnTrumbull]

If you’re worried about conference inequality it’s because your school doesn’t belong in a power conference. So this article makes sense.

 

[Waquoit]

What exactly is the point he thinks he's making?

People around the world don't watch American college

Tell that to the Qantas flight attendant, who started asking me questions about Geno when he saw my UConn polo shirt.

 

[Waquoit]

Meritocracy is usually a good thing.

Not in America. It’s ridiculed niw.

 

[hardcorehusky]

The old Big East did this with football and look how that ended.

 

[buddy]

FSU got beat by BC today. They should get a pay cut for that!

 

[CTFAN4LIFE]

The old Big East did this with football and look how that ended.

It ended because of the football/basketball (C7) schism.

 

[upstater]

Tell that to the Qantas flight attendant, who started asking me questions about Geno when he saw my UConn polo shirt.

What's her number?

 

[upstater]

Meritocracy is usually a good thing.

Interesting history for the invention of this word.

 

[Waquoit]

What's her number?

It was a guy. I didn't ask. I like how you assumed it was female.

 

[upstater]

It was a guy. I didn't ask. I like how you assumed it was female.

When I replied initially your post still said "she"