Episode Transcript
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Speaker 1 (00:00):
Number one preset for instant access to the information that
affects you.
Speaker 2 (00:04):
Always on fifty five KRC, the talk station TATO six
I fifty five kr CD Talk station. Hey, Happy Thursday
to you. Freddie E.
Speaker 3 (00:18):
Resident expert on all things local, county and City Adam
Keaylor returns. He's in the studio to talk about really
fun stuff the Bengals in the county and the stadium negotiation,
as well as the reality about the city and the
county and city wasting our money. Adam Keaylor, Welcome back
to the studio. Man, it's always great saying thanks. Anyhow,
let's start with the stadium because this also it deals
(00:42):
with state issues as well. As you and I were
talking about before the segment started, that the ridiculous, insulting,
crazy proposal of funding the the the multi trillion dollar
Cleveland Brown Complex. These well connected team owners with their
millions and if not billions of dollars, the idea that
taxpayers are supplementing and supporting what funds they're millions and
(01:06):
billions of dollars, and and for for like bread and
circus kind of stuff. Here, Oh, the stadium six hundred
million dollars in bonds, which are ultimately going to cost
the taxpayers of the state of Ohio what a billion
dollars when you thought factor.
Speaker 4 (01:20):
In tracker every year every year, it's like, you know,
tens of millions of dollars it's going to cost us. Yeah,
it's not free money. It's no, it's no, that's yeah.
And that's my point. And there's a finite amount of
money in the world. And I always like to point
out everybody's got a list of stuff and things they
want from government. I have a limited list, like, let's
take care of what we've built already, so we don't
go further into a whole and you have to ask
for more money from me, Like, let's take care of
(01:40):
roads and infrastructure and provide us with a safe community,
and then we'll take care of the rest. We don't
need much of stuff and things. Roan I got, you know,
maybe twenty thousand dollars with a landscape and I'd like
to get done at my house.
Speaker 1 (01:51):
Yeah.
Speaker 3 (01:51):
Really, you know what, I'll tell you what, why don't
we have everybody listening on is pay tax to take
care of your landscaping?
Speaker 2 (01:57):
Yeah?
Speaker 3 (01:57):
But anyway back to the stadium, so they commit and
the Bengals work out this phase one of what it's
supposed to be four phases. Now the Bengals, you know,
because they know that they got a pr problem and
a good will problem because they have this we're going
to take our team and run away if you don't
give us what we demand mentality, which is fueled by
(02:17):
the terrible stadium deal that we got into originally, Ye,
the worst in the Nation's theatrically worse.
Speaker 4 (02:24):
I mean, it's documented that it's the worst. There's experts
that have come out and said it was the worst.
So do you think any of the.
Speaker 3 (02:28):
Voters that are still around, the voted for that had
any understanding of how lopsided this thing is that we
are going to perpetually be obligated to keep up with
the Joneses in terms of stadiums in this country.
Speaker 4 (02:41):
Well, the sales tax never ended, I know, remember that
was supposed to get sunseted and that never ended. And
that's what we're funding this with. That's what the county
portion of the money is supposed to be coming from.
Is that sales tax that they just continued to save
up that they never you know, they they never stopped
charging us for so that's where the money is coming from.
(03:02):
In the Bengals money is actually alone from the NFL.
Part of it alone from the NFL. That G six
or G seven money or whatever it is. Yeah, some
of that's.
Speaker 2 (03:10):
Total involved here.
Speaker 3 (03:11):
It's like one hundred and eighty five million dollars they're
gonna pony up for this phase. Yeah, yeah, they're gonna
puy up one twenty, which the Bengals getting credit for.
But ultimately it's a loan or is it a gift
or a loan?
Speaker 4 (03:22):
It's a kind of a gift, so it's future revenue.
It's it's like a loan on future revenue that they're
going to get anyway.
Speaker 3 (03:28):
Okay, but it makes some good look good on paper,
like see, oh yeah, look, we we don't have any
obligation or the least to do this, but here we
are funding part of the upgrades. But the other, the
other component of this is what they're what we collectively,
This what the stadium collectively is going to get from
these upgrades. And I have to ask out loud because
(03:50):
you know, I sound like a bit of a populace
and all this, but I keep pointing out a lot
of this money is going toward like the boxes where
the rich people play.
Speaker 4 (03:58):
Some of that is yeah, yeah, there's some electric upgrades,
there's like escalators, they're moving things around, they're shifting the
way things are, and you know, they're trying to keep
up with the demands of the NFL, like some of
these other cities that are you know, building brand new stadiums.
I mean in Jacksonville, they're doing a billion dollars worth
of upgrades to their stadium. A team that sucks worse
(04:18):
than the Bengals have you know, failed us over the years,
and you know they're doing they're spending that kind of
money just on upgrades and we're at like eight hundred
and thirty million something like that. Yeah, to make the
Bengals happy. But you remember they can renew that lease.
They have what five different times or is it two
five year extensions or is it five two year extensions.
Speaker 3 (04:41):
It's one of the two. My recollection is it's the latter.
But it doesn't matter. They can cause this thing to
last what another ten years or.
Speaker 4 (04:48):
What they can drag it out before and then they're
going to ask for a new stadium at that point,
like you know, this.
Speaker 2 (04:53):
Is going to happen it makes my head just spend. Yeah,
and after that draft, I don't know, you know, I
just keep going back to this.
Speaker 3 (05:01):
You literally could have the Bengals play on a high
school football field.
Speaker 2 (05:05):
Yeah, they get it.
Speaker 3 (05:06):
I mean the game is played on that finite amount
of space predetermined by the rules how big a football
field must be. And the idea in a day when
you considered home with an eighty inch TV screen with
nine gajillion cameras watching the game like you're sitting on
the field high resolution, missing nothing by your drinking your
own inexpensive beer and using your clean bathroom. The idea
(05:29):
that we keep building and expanding and building expanding these
elite stadiums where most of the masses can't afford to
even go, is just it just frankly pisses me off.
Speaker 4 (05:39):
Well, and I think the general public has become more
cognizant of the fact that we don't have this kind
of money, like what right? The taxpayer just keeps getting
beat down more and more and more, and it affects
the middle class more and more and more. And if anything,
Trump and what they're doing with Doze and Elon Musk
and all this other stuff where they're uncovering all this waste.
(06:00):
I mean, it almost makes you wonder. It kind of
opens up the door for the conversation of what else
are they wasting our money on. Why can't we come
up with with some money for this stuff? Why is
it so hard to do this? And we're broke? Like
I mean, even Dwine said it, he said, we don't
have the money for this kind of stuff. Right, So
the general public is now like, hey, maybe money doesn't
(06:21):
grow on trees. And the average voter, you said, you know,
twenty five years ago, thirty years ago, whenever they did
this this last lease, I think it was twenty five
year lease. You know, did the average voter know what
they were voting for and knowing what they were getting into, know,
because I mean, if you talk to the average voter,
they're busy taking care of their kids, they're busy doing their.
Speaker 3 (06:39):
You know, it boiled down to like, I don't want
to lose the Bengals in Cincinnati. Now, that's what the
vote was for, right, because if we don't build a
new stadium, then they may move to another city.
Speaker 2 (06:53):
Yeah exactly.
Speaker 4 (06:54):
And you mentioned people that are in politically this is
what's going on up there, right, and it's not just
sports teams, it's it's everybody. It's developers, it's I mean
you see this with the connected community situation and high parts.
It's other businesses that, hey, move to Cincinnati, moved to
Hamil County, We'll give you tax breaks. And that's your
competing against every city and every municipality. They're all trying
(07:17):
to attract businesses. They're all trying to bring things that
are going to excite the citizens to their city, and
they're always offering some sort of a tax break or
some sort of a And now you've got FC Cincinnati saying, hey, look,
we spend all this money on this stadium. We're building
this billion dollar plus entertainment area in the West End.
Speaker 2 (07:35):
Can we get some of that money back?
Speaker 4 (07:37):
State of Ohio like, hey, we'd love two hundred and
fifty million dollars or whatever it was, or they spent
two hundred and fifty million dollars in a stadium. They
want a little bit of that back. So you're going
down a slippery slope. And Senator Blessing he mentioned this
recently where he's like, look, you know you do this
for the Browns. Next thing, you know you're doing it
for the Bengals, You're doing it for the Blue Jackets,
(07:57):
You're doing it for the Reds, right. I mean it's
beautiful last couple of days and the Reds had five
thousand people in the stadium, you know, or whatever it was.
I mean you you know, yes, you could play it
on that field, right, you got fifty thousand seats in
that stadium and ten percent of a field, right, So,
I mean the teams have to put a good product
on the field, which lately the Bengals have been, even
(08:17):
though they missed the playoffs and they shouldn't have last year.
But uh, you know, the fans are saying, hey, look,
what what are you giving us? Like, yeah, you can leave,
but at the end of the day, you're you're still
going to put a good product on the field. And
how are you giving the Browns six hundred million dollars?
They haven't put a good team on the field in decades.
They can't even get a quarterback.
Speaker 2 (08:36):
I know.
Speaker 3 (08:36):
But and that that even is a concept that we're
talking about the potential of the state taxpayers funding the
Cleveland Browns project. Yeah, I mean that those words are
coming out discussing it as a concept is just to me,
it's mind boggling.
Speaker 2 (08:54):
Yeah. Yeah, and maybe all those.
Speaker 3 (08:56):
Problems and concerns and all the finite amount of money
that has taken in Columbus and that are elected officials.
Speaker 2 (09:02):
I mean, have it as a written proposal. Yeah, to think.
Speaker 4 (09:06):
It's Haslam family. Know what kind of photos do they
have of our elected officials? Well, they donate money, so
they donate money to the right people. So there is that.
But also, I mean, the Browns packaged up their deal
and you know, they put it together the right way,
They got it in in time, and here come Zamon
County the day a day later, it's too late, after
(09:28):
the budget was already passed, saying hey what about us,
here's we want some money too, and it.
Speaker 2 (09:32):
Just looks it look bad. Yeah, it looks bad.
Speaker 4 (09:36):
Yeah, but Brian, they had twenty five years of work
on this. Yeah, they've had twenty five years of work
on this. They kept kicking the can down the road.
They wait last minute the Bengals mentioned it. They said, look,
we don't know what's going on, Like, what's are they
talking to us? And you don't know if that was
them play. I mean, they negotiate with multimillion dollar you know,
entitled football players all the time, right, so they know
(09:57):
how to negotiate, and they're dealing with these you know,
these age and everybody all the time. I mean, it's
not like the three people sitting in Hamilton County are
anything like sports agents when it comes to negotiating.
Speaker 2 (10:07):
Right.
Speaker 4 (10:07):
They just had to pay some what was a guy
two hundred and fifty thousand dollars a year to help
them negotiate the deal with the Bengals in the first place,
this guy out of New York.
Speaker 3 (10:16):
That's because our elected officials don't know much about the
subject matters over which they legislate, you know what I'm saying.
Speaker 4 (10:22):
That's and most of them aren't, you know, business owners.
They're just they're.
Speaker 3 (10:27):
Politicians, politicians with no background experience in any given subject matter,
and yet they're pulling the strings and making the calls
on these matters. It's just absolutely mind boggling. Yeah, we'll
continue with Adam Kahler one more segment before we get
to Jay Rattle if at eight sixteen right now fifty
five kc DE talk station.
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Speaker 3 (12:20):
A twenty years fifty five KRCD talk station. Should I
say Happy Thursday? It's like the subject matter we've been
talking about all day. I mean, from Indian Pakistan breaking
out in war all the way to this ridiculous stadium
conversation we're having. Just yeah, I can't find inspiration this morning.
Adam Taylor and studio breaking it down for us. And
(12:41):
of course, in the aftermath of the revelation, he reached
a memorandum of understanding here in Hamilton County with the
Bengals for phase one of what ultimately will be an
eight hundred plus million dollars stadium upgrade deal. In the background,
we've got Columbus approving or at least moving in the
direction of allowing six hundred million dollars in bonds to
go to the Cleveland Browns, and one of the things
(13:01):
and I talked about it. I guess it was last
week when the details came out about that. Adam Taylor
and you had mentioned it a couple times off air
that the legislation itself limits these these the funding of
sports teams to one counties with one million or more YEP,
which means Hamilton County is out of it because we
(13:21):
only have eight hundred or so thousand people in Hamilton County.
So that would mean Columbus and Franklin County in Cuyahoga County.
Are those the only two qualifying counties?
Speaker 2 (13:30):
They are the only two.
Speaker 4 (13:31):
Yeah, the House added a rule only counties with a
million plus residents can get stadium funding.
Speaker 2 (13:37):
And since Hamilton County, which.
Speaker 3 (13:39):
Man Hamilton County obviously was designed to exclude the Bengals,
and of course.
Speaker 4 (13:45):
Well we always get treated to like the red headed
step child. I mean, we put more into the state
every year than we get back from the state.
Speaker 3 (13:52):
Yeah, you had mentioned that figure off air, and my
Hamilton County friends might be interested in knowing. So how
much does Hamilton County pay in taxes, So.
Speaker 4 (13:59):
We pay about two and a half billion dollars a
year in taxes. We get back one point eight five
billion in state controlled spending. Now we get money from
the federal government and everything. That's not the same thing though, No,
But if you're talking about money we put into the
state versus money we get back, we essentially subsidize. Out
of the three biggest counties, we're the biggest subsidizer of
money back into the state right now.
Speaker 2 (14:19):
Contrast that with Franklin.
Speaker 4 (14:21):
Let's say so so well, I mean you look at
you look at actually Franklin County gets about there. They
actually make four hundred and sixty million dollars a year,
so they pay what they pay from what they pay. Yeah,
and that gain of and then Cleveland somewhere in the middle.
Cleveland's still they lose more than they actually put in.
(14:41):
But now you're talking about another six hundred million dollars,
so we actually are are down more than what we're
even asking for in this stadium thing. But and my
thing is is like, look, you know, us funding a
stadium is a little crazy. I mean, we do own it,
like the county does own that, like I own a
commercial building over in Covington, and I have to keep
(15:03):
that upgraded right for my tenants. So I get it
when it comes to that. I get why the Bengals
were asking for it, and I understand their position. But
at the same time, it's like, if you're going to
fund a stadium and you're gonna ask taxpayers to pay
tens of million dollars a year in bonds to pay
these bonds back once they issue them, and then you
put in a rule that says, wait a minute, only
(15:23):
counties with over a million residents. Any team in that county,
it can get it. But anybody under and we're at
what eight hundred and thirty thousand residents. Half our cities,
you know, a third of our city actually is in
two other states.
Speaker 3 (15:40):
Yeah, that's a valid point geographically obviously, Yah River in
the state line right there.
Speaker 2 (15:45):
So yeah, this is why I want to seceed Brian.
Speaker 4 (15:48):
Take northern Kentucky, take southeastern create our own state, state
of Cincinnati. Let's just create our own state, because I mean,
this kind of stuff comes up and this ends up,
you know, screwing us a lot of times. But we're
the biggest metro area in Ohio if you included north
of Kentucky, right, which we're in in Ohio, but it's
in our metro area. We're the biggest economically, we have
the biggest GDP in the state as well. And Columbus,
(16:11):
you know, they they h annexed a lot of their
townships and you know, we still got you know, del
High for example, we got Norwood, Indian Hill and things
like that. Well, Columbus went in and they you know,
they added all those together. So technically they're the biggest
city in Ohio. So when businesses are looking to relocate,
when they're looking to do stuff, they say, oh, Columbus
(16:32):
is the biggest city.
Speaker 2 (16:33):
Wrong.
Speaker 4 (16:34):
Cincinnati is the biggest city. It's the most cosmopolitan city,
it's the most historical city, it's the most geographically interesting city.
It's you know, it's it's it's the north and the south.
Speaker 3 (16:45):
Well, if you get you get the benefit of you know,
the the downtown urban environment. But because not all the
areas are annexed or they're not under the control, which
is the city of Cincinnati, which is yeah, good thing,
that's a draw right.
Speaker 4 (16:57):
Well, look at Franklin, I mean it's all you know,
just like here, one party rule exactly, and it's mostly progressive.
So what you're gonna get up there and what you're
gonna get here is what you're going to get up there.
So del Hi doesn't vote like the rest of the city.
You know, it's it's it's more conservative. So if it
did get dragged in, well, then all of a sudden,
it's gonna you know, have to deal with it. Although
it would help with voting when it comes to the city,
(17:20):
our guy, Corey Bowman, it would help him out a
whole lot. You know, bring Norwood in, that would help
Cory out a little bit.
Speaker 3 (17:26):
He may have nabbed some of the Hyde Park folks. Oh,
I think he nabbed a whole lot of Hyde Park folks.
I'm hoping so, And I hope my hard Park friends
out there go and vote for Corey Bowman. Just as
a slap in the face to have to have purvol
and the insult that they heap down upon you by
ignoring what you want to do with your own town.
Corey Bowman or Bowman, Adam Keylor, it's always a pleasure
(17:46):
having you in the studio. Man, get at me all
riled up this morning. Yeah, but that's what it's all about.
Spreading the awareness and hopefully someone will finally make a
stand and just put their foot down. Take care of
my friend. We'll talk again real soon, folks. I hope
you can stick around. We got iHeart Media eighty eation
expert Jay Ratliffe coming up, moving away from politics, stalk Aviation.
Stick around fifty five KRC, the talk station at U Line.
Speaker 2 (18:10):
They know for