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<v Speaker 1>When you turn on your work computer, turn us off.

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<v Speaker 1>Love listening all day fifty.

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<v Speaker 2>Five KRC to work with the day stories while do you.

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<v Speaker 1>Workotato five fifty five KRCD talk station. Happy Wednesday to you,

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<v Speaker 1>Judejennita Poulatana bottom of the hour, Trump War and the Constitution.

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<v Speaker 1>But in the meantime, Welcome back to the fifty five

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<v Speaker 1>Carssey Morning. You're running for the Cincinnian Inquirer, mostly on sports,

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<v Speaker 1>but combining his two favorite topics now, Jason Williams, We're

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<v Speaker 1>gonna be talking politics and sports, specifically the Bengals lease

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<v Speaker 1>agreement and where we sit with that because the deadline's

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<v Speaker 1>fast approaching. Jason Williams, saw is a pleasure to talk

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<v Speaker 1>with you.

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<v Speaker 2>Man.

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<v Speaker 1>Welcome back to the morning show.

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<v Speaker 2>Brian. Always enjoy joining you and love the KARC listeners

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<v Speaker 2>and every time Joe message to me, hey, can you

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<v Speaker 2>come on. I'm I'm there man.

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<v Speaker 1>I'm glad. I'm glad you're there, and I'm glad you're

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<v Speaker 1>following this because this is this is crazy. You know,

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<v Speaker 1>most of my listeners, probably as do most people that

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<v Speaker 1>understand the Cincinnati lease agreement, recorded as one of the worst,

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<v Speaker 1>if not the worst in the entire world of football,

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<v Speaker 1>professional football, and so the lease is set to expire.

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<v Speaker 1>And my understanding is if they don't work out terms

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<v Speaker 1>for an ongoing lease agreement, regardless of how long the

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<v Speaker 1>terms is, and I guess that's one of the things

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<v Speaker 1>they have to discuss. How long will the terms be

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<v Speaker 1>for the new lease agreement. The Bengals can just extend

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<v Speaker 1>the terms of the current agreement in two year increments.

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<v Speaker 1>Have I got that part right anyway?

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<v Speaker 2>Yeah? Yeah, they could extend it in two year increments

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<v Speaker 2>up to ten years, so five there's a lot of

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<v Speaker 2>numbers going there, but five two year extensions. So yeah,

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<v Speaker 2>so this current lease could go up to ten more years.

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<v Speaker 2>I don't think that there's I'm not getting any sensors,

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<v Speaker 2>any any any indication, and that's what's on the table.

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<v Speaker 2>And I do potentially a two year extension, the first

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<v Speaker 2>of what could be five two year extensions could be

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<v Speaker 2>on the table, but I don't know. Some of the

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<v Speaker 2>things that are, you know, kind of coming out of

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<v Speaker 2>the county and some of the public records that the

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<v Speaker 2>Inquirer obtained, I don't seem to indicate that, you know,

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<v Speaker 2>certainly there is an effort on both sides to get

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<v Speaker 2>something done beyond just extending this current lease.

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<v Speaker 1>Well, theoretically, I guess right now they haven't come up

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<v Speaker 1>with an agreement on a new lease. Of course, the

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<v Speaker 1>county officials hopefully are trying to argue for better terms

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<v Speaker 1>of conditions than we've gotten under the current lease. I'm

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<v Speaker 1>sure the Bengals are scrapping and fighting for a bunch

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<v Speaker 1>of stuff that they want. So that's where the negotiations

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<v Speaker 1>are going on. If if they're not done by the deadline,

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<v Speaker 1>which is June thirtieth for a new lease, and the

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<v Speaker 1>Bengals extra is their right to extend the current one,

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<v Speaker 1>is it still a possibility they could continue working on

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<v Speaker 1>a new agreement during that two year period and sort

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<v Speaker 1>of put that in place while that extension is on.

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<v Speaker 2>Oh yeah, they can, they can. They can continue to

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<v Speaker 2>do that at any time. This is as far as

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<v Speaker 2>I understand it. I'm just talking to people that you know,

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<v Speaker 2>they can at any point beyond really at anytime now,

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<v Speaker 2>Like you you know, it's really not much different than

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<v Speaker 2>where you would be at now, is that you could

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<v Speaker 2>then be working on an extension beyond that extension. So

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<v Speaker 2>you know, and you mentioned the top top there. Uh,

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<v Speaker 2>you know, sticking point, it's just something that's kind of

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<v Speaker 2>gotten buried a little bit and in the news or

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<v Speaker 2>just even in the discussion about about the stadium lease.

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<v Speaker 2>Is you know, so many people, we all want to

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<v Speaker 2>know the money, the money, the money, how much money?

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<v Speaker 2>Well almost equally as because it is you know, the

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<v Speaker 2>money's involved. Is the amount of years and so is

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<v Speaker 2>it ten years, is it fifteen years, is it twenty years?

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<v Speaker 2>Is it even more? And you know, and then how

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<v Speaker 2>much money in that ten year period are you going

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<v Speaker 2>to willing to give? Like if that makes sense in

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<v Speaker 2>that like you're not going to pay eight So there's

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<v Speaker 2>eight hundred and thirty million dollars worth of whatever upgrades

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<v Speaker 2>and bells and whistles that they say or I hate

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<v Speaker 2>the thing needed to be done to that stadium. But

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<v Speaker 2>you know, are you if you're not going to spend

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<v Speaker 2>eight hundred and thirty million if they're only going to

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<v Speaker 2>do a ten year extension, but you might if they're

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<v Speaker 2>going to do it twenty And so that's where the

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<v Speaker 2>years and the money all come together there. And so

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<v Speaker 2>if people don't talk a lot about the years, but

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<v Speaker 2>the years are very important.

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<v Speaker 1>Here excellent point well, and I saw one of the

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<v Speaker 1>reports from the inquiry the parties will in good faith

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<v Speaker 1>commenced negotiations as early as twenty thirty five. That's ten

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<v Speaker 1>years about the need for a new NFL stadium. And

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<v Speaker 1>I must choked when I read those words out loud.

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<v Speaker 1>I'm thinking, Oh my god, we're going to go through

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<v Speaker 1>this again another ten years. We're going to knock down

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<v Speaker 1>pay Corps and build a brand new it'll be what

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<v Speaker 1>ten billion dollar facility at that point. I mean, I

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<v Speaker 1>scratched my head over that concept, Jason, I really do.

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<v Speaker 1>I just I struggle with public dollars paying for sports

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<v Speaker 1>stadiums in the first instance, but the idea of that

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<v Speaker 1>place would be actually considered obsolete in ten years. I mean,

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<v Speaker 1>there's nothing wrong with it right now.

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<v Speaker 2>Amen, everything you just said, Brother Brian, I am one

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<v Speaker 2>hundred percent with you on this, and you know, I

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<v Speaker 2>got to be honest with you. I'm a little surprised

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<v Speaker 2>that there hasn't been more of a push or more

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<v Speaker 2>talk from the Bengals side anyway of a new stadium

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<v Speaker 2>this time around, because you have seen that in Nashville

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<v Speaker 2>with the Tennessee Titans. Yeah, there's a great example there

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<v Speaker 2>of I mean, that's a stadium that I think it

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<v Speaker 2>opened to just a year ahead of Paycorp stadiums is

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<v Speaker 2>sort of out of that same kind generation of stadiums,

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<v Speaker 2>and they're building a new stadium there in Nashville two

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<v Speaker 2>billion dollars, I believe, And so I'm a little surprised that,

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<v Speaker 2>especially with an eight hundred and thirty million dollars price tag,

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<v Speaker 2>that there wasn't more of a push from the Bengals,

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<v Speaker 2>even from I don't know Bengals supporters or that you know,

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<v Speaker 2>chatter anyway about oh, you know, why don't they just

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<v Speaker 2>build a new stadium? And frankly, if that would have

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<v Speaker 2>been the case, and would have been highly critical of

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<v Speaker 2>it and highly critical of the state hundred thirty million,

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<v Speaker 2>which is what over double what the original cost of

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<v Speaker 2>the stadium cost to build. So yeah, yeah, that doesn't

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<v Speaker 2>surprise me that in ten years there would be talk

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<v Speaker 2>of wanting to build a new stadium. And so then

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<v Speaker 2>there you if you factor that in Brian, that also

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<v Speaker 2>is like, you know, are you're gonna pump one hundred

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<v Speaker 2>and eight hundred and thirty million dollars into this stadium

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<v Speaker 2>for the next ten years only to turn around in

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<v Speaker 2>ten years and be chattering or talking about looking at

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<v Speaker 2>building a new stadium. I find that hard to believe. Yes,

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<v Speaker 2>I find it more as an either or kind of thing.

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<v Speaker 2>And it's the the you know, you know, put band

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<v Speaker 2>aids on things and fix some of the you know,

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<v Speaker 2>the leaky faucets and all that over the next ten years,

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<v Speaker 2>and then you look at a new stadium. But I

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<v Speaker 2>cannot see spend an eight hundred thirty million dollars to

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<v Speaker 2>do whatever to this stadium and then turn around in

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<v Speaker 2>ten years and say, oh, well, let's build a new stadium.

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<v Speaker 2>That's just that's just flat out It's already physically irresponsible

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<v Speaker 2>as it is, and that's just flat out ridiculous.

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<v Speaker 1>Well, unless you can declare something functionally obsolete, there's no

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<v Speaker 1>argument in favor of a new stadium. And I don't

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<v Speaker 1>think anybody can call Payhorse Stadium functionally obsolete. You know,

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<v Speaker 1>if it's if they maintained it in its current status,

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<v Speaker 1>fix the pipes, you know, fix the concrete, whatever needs

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<v Speaker 1>to be maintained, it'll still operate as a sports stadium.

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<v Speaker 1>You can play football in ten years from now, twenty

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<v Speaker 1>years from now. So anyhow, we're not, we're not in disagreement,

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<v Speaker 1>and we're at least in a court on that concept.

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<v Speaker 1>And for a while they were talking about, and I'm

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<v Speaker 1>sure this lease agreement has to contemplate whether any money

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<v Speaker 1>is going to come from the Ohio state taxpayers. It

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<v Speaker 1>looked like appeers as though the Cleveland Browns got six

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<v Speaker 1>hundred million. There was some widely circulated comments about maybe

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<v Speaker 1>we would get three hundred and fifty million, or at

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<v Speaker 1>least they asked for three hundred and three hundred and

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<v Speaker 1>fifty million from the state. Is there any updates on that,

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<v Speaker 1>whether that even remains a possibility. I think since the

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<v Speaker 1>budget's been done at least I thought it was done

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<v Speaker 1>in Columbus, that it's it's not under the ram of

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<v Speaker 1>consideration this year, not this year.

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<v Speaker 2>I certainly think the state will give the Bengals money,

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<v Speaker 2>and that that's the debate now is what pot will

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<v Speaker 2>that come from or potentially come from. I know Senator

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<v Speaker 2>Bill Blessing is, you know, push for there to be

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<v Speaker 2>a legislation that Hamilton County could do a cigarette tax.

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<v Speaker 2>I've got my opinions on that. I think even though

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<v Speaker 2>that's I guess could be considered a user fee. If

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<v Speaker 2>you look in Cleveland, then I would encourage listeners to

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<v Speaker 2>do that. Do a little research on what they call

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<v Speaker 2>the sim tax in Cleveland. That's on alcohol and tobacco

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<v Speaker 2>in Cuyahoga County, and that helps pay for the Guardians,

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<v Speaker 2>the Browns, and the Cavs stadiums and arena. And at

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<v Speaker 2>the end of the day, that all just generates thirteen

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<v Speaker 2>million dollars a year. And I say, just that's of

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<v Speaker 2>course a lot of money. But if you think about here,

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<v Speaker 2>this will just be I believe the say a cigarette tax,

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<v Speaker 2>and they don't have another state up there where people

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<v Speaker 2>can go. There's a bigger population, and so you're looking

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<v Speaker 2>at you would just put this tax in and it's

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<v Speaker 2>not going to really move the needle, and so you

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<v Speaker 2>get another tax. I don't care who that tax is on.

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<v Speaker 2>I'm of the mind that there should be no more,

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<v Speaker 2>no app asolutely, no more, no matter where it comes from.

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<v Speaker 2>Hamilton County tax levee on Hamilton County tax payers. Well,

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<v Speaker 2>I'm not the state once good.

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<v Speaker 1>No, I just gonna say, you know, sin is in

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<v Speaker 1>the eye of the beholder. And I don't know why

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<v Speaker 1>we always you know, we we heap the burden of

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<v Speaker 1>paying for a lot of things on certain products. It's like,

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<v Speaker 1>as soon as a new product comes on the market,

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<v Speaker 1>like vaping, that's immediately deemed something that's worthy of an

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<v Speaker 1>additional tax just because it's new. But then again, gee,

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<v Speaker 1>how about I walk over to northern Kentucky and buy

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<v Speaker 1>my smokes there?

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<v Speaker 2>You know?

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<v Speaker 1>Duh?

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<v Speaker 2>Well, I mean yeah, I think you know. I mean

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<v Speaker 2>there's a lot. I just at the end of the day,

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<v Speaker 2>I don't think it would be worth it, and I

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<v Speaker 2>just it. Look, the bigger picture of that too, is

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<v Speaker 2>that it'd be yet another viewed it's kind of another

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<v Speaker 2>sort of bailout for the Bengals. Yeah, and at some point,

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<v Speaker 2>like you got to get the burden off the Hamilton

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<v Speaker 2>County tax payer, and I don't care. Yeah, I'm I'm

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<v Speaker 2>not smoker, do you know, smokeless tobacco or anything like

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<v Speaker 2>so I wouldn't be paying that tax, but I don't care.

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<v Speaker 2>Like in terms of just getting the burden off of

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<v Speaker 2>off of the county, off of Hamilton County that Hamilton

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<v Speaker 2>County has carried. It's more, way, way, way more than

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<v Speaker 2>it's fair share on this stadium with an ongoing sales tax,

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<v Speaker 2>and there should absolutely be no more sales tax, any

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<v Speaker 2>kind of tax put on the citizens, the voters, the

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<v Speaker 2>tax payers of Hamilton County. And now if they want,

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<v Speaker 2>if they want, they're exploring, you know, taxing sports betting

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<v Speaker 2>across the state and then using some of that to

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<v Speaker 2>help with the arenas and stadiums and cities across the Ohio.

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<v Speaker 2>You know that that's one Like if that's the state

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<v Speaker 2>wide tax on on sports gaming that goes to things

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<v Speaker 2>that are across the state. I'm I'm I'm a lot

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<v Speaker 2>with you, Brian, Like I'm of the mind, like I

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<v Speaker 2>don't I think we already spend way too much money

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<v Speaker 2>tax money on stadiums, arenas. It's just way out of

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<v Speaker 2>whack and it's way out of proportion. But if that's

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<v Speaker 2>something that is going to continue to happen, you've got

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<v Speaker 2>to look at revenue streams like that, and they're looking

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<v Speaker 2>at what the unclaimed property or unclaimed money pot of

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<v Speaker 2>money is a potential like okay, but then again, you

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<v Speaker 2>know there's all these arguments, like you know, I mean

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<v Speaker 2>we could go down the yeah, the basic the you know,

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<v Speaker 2>the basic route of I mean, how many how many

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<v Speaker 2>roads and highways and bridges do we drive on. There's potholes,

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<v Speaker 2>and there's bridges that are as you mentioned, functionally obsolete.

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<v Speaker 2>Speaking of I mean how many bridges in the state

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<v Speaker 2>in this area alone or functionally obsoletes? Yeah. And if

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<v Speaker 2>you're looking at that pot of money of unclaimed money

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<v Speaker 2>in the state, which is what three billion dollars or something, well,

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<v Speaker 2>why wouldn't you Why wouldn't you look at doing it

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<v Speaker 2>on like things that you know, actually really helped the

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<v Speaker 2>general citizen ry.

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<v Speaker 1>Or property tax relief. I don't know if you got

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<v Speaker 1>the word, Jason, property tax have gone through the roof.

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<v Speaker 1>I mean there's always there's a lot of money, and

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<v Speaker 1>there's a million people who want to get their hands

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<v Speaker 1>in the cookie jar. And this takes us always back

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<v Speaker 1>to this is a privately owned sports franchise. That is

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<v Speaker 1>last time I checked, they are profitable, aren't they? Jason?

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<v Speaker 1>Does the Bengals make money for the Bengal family? I

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<v Speaker 1>mean the Brown family.

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<v Speaker 2>Hey, look, Brian, when the when this sales tax was

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<v Speaker 2>passed in ninety six, the mid nineties, the Bengals were

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<v Speaker 2>valued by four just short of two hundred million dollars.

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<v Speaker 2>They're now valued at four billion dollars. Okay, a matter

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<v Speaker 2>of thirty years, how much the valuation of that franchise

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<v Speaker 2>has gone up, Well, that's a significant, significant jump. And

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<v Speaker 2>then certainly a big, a big, a significant chunk of

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<v Speaker 2>that money. And what the money that the franchise has

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<v Speaker 2>made has been off of the stadium deal. And so

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<v Speaker 2>don't don't, No one should be fooled by the fact. Yes,

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<v Speaker 2>the NFL is the Golden Goose, it's it's crazy popular.

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<v Speaker 2>It is a money printing machine, it's going to continue

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<v Speaker 2>to be a money printing machine. The TV revenue is

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<v Speaker 2>just insane. So, yes, there's a lot of money that's

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<v Speaker 2>come from the NFL on football side of this, but

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<v Speaker 2>there's no doubt about that a chunk of that money

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<v Speaker 2>has come also from the good taxpayers of Hamilton County.

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<v Speaker 1>Well, in this agreement that we're currently operating on. Is

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<v Speaker 1>the reason that that property or that that sales tax

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<v Speaker 1>is still in place. We were promised sales tax relief

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<v Speaker 1>a long time ago. Is part of the reason that

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<v Speaker 1>we voted for it, and yet it remains. And the

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<v Speaker 1>reason it remains is because all the obligations we as

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<v Speaker 1>the Hamilton County taxpayers, have under the terms of conditions

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<v Speaker 1>of the current lease agreement, which sucks.

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<v Speaker 2>Yeah. No, I mean we were promised a property tax

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<v Speaker 2>rollback every single year of this of this deal, and

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<v Speaker 2>it's I don't know how many. I don't have it

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<v Speaker 2>in front of me, But what was the last time

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<v Speaker 2>when a lease cherisse first came into office? So I

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<v Speaker 2>think the last was at twenty twenty two? Maybe we

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<v Speaker 2>got one and I don't think we've had one twenty

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<v Speaker 2>twenty one, but I don't think we've had one since, right,

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<v Speaker 2>And I haven't heard any buzz whether that's going to

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<v Speaker 2>happen again. I could be wrong on that, and it's

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<v Speaker 2>it's happened. I knew it got a lot of news

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<v Speaker 2>back when Alisha Resee made a big deal out of

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<v Speaker 2>it because it hadn't happened for a long time, and

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<v Speaker 2>that was when all the COVID money was coming in

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<v Speaker 2>and the county was kind of flushed with money, and

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<v Speaker 2>there was talk of from the administration side that no,

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<v Speaker 2>we're not going to give a prep property tax rollback

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<v Speaker 2>on this, and Alisha Resee really led the way on

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<v Speaker 2>getting on getting that property tax rollback. And I haven't

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<v Speaker 2>heard anything about it since, so it may have happened,

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<v Speaker 2>it just hasn't gotten the headlines or anything. But you

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<v Speaker 2>that's something that should be happening. That was a promise.

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<v Speaker 2>Now it wasn't a it wasn't an iron clad promise,

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<v Speaker 2>legal legal promise, but yeah, that was a promise made

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<v Speaker 2>by the politicians at the time, and you know, I

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<v Speaker 2>think it should be followed through on amen very at

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<v Speaker 2>the at the very least.

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<v Speaker 1>Well tea leaf reading. I'm going with the Bengals exercise

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<v Speaker 1>their extension because the terms of conditions they have now

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<v Speaker 1>are wonderful. They're not wanting to put in any more

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<v Speaker 1>than one hundred and twenty million that they offered up front,

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<v Speaker 1>and they won a lot of improvements to the ten

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<v Speaker 1>of one hundred and eighty three million, one hundred and

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<v Speaker 1>thirty million, which I suppose under the current conditions they're

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<v Speaker 1>entitled to, which seems crazy. Oh, Jas, I know you're

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<v Speaker 1>going to follow this close to Jason Williams. Thank you

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<v Speaker 1>so much for spending time with my listeners mean today

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<v Speaker 1>on this topic. I'll look forward to having you back

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<v Speaker 1>on the program again real soon, hopefully with some good news.

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<v Speaker 2>Hey, Brian, you and I both love talking about this.

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<v Speaker 2>I'm always happy to join you anytime and chat it up.

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<v Speaker 2>And it's as we say in the media world, the

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<v Speaker 2>stadium thing is the gift that keeps on giving.

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<v Speaker 1>It is provides for good copies Cincinnati dot com. You'll

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<v Speaker 1>find Jason what he you write. It's about take care

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<v Speaker 1>of my friend. It's eight twenty two, fifty five cares

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<v Speaker 1>of the talk station, Judging and Apolitano coming up.

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<v Speaker 2>This is fifty five KRC and iHeartRadio Station, our iHeart

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<v Speaker 2>Radio Music Festival. Please that