Writers of Pro Football Prospectus 2008

29 Sep 2005

Jets and Giants Agree to Share New Stadium

I guess this makes them domestic partners. As a lifelong Jets fan and former Long Islander, I feel dirty. It's nice that they'll get a permanent home, but, um, IT'S IN NEW JERSEY! The oddest quote from the article had to be from Patricia Dolan, president of the Flushing Meadows Corona Park Conservancy, which had opposed the Queens stadium plan: "I am delighted that the Jets made the right decision and will be staying in New Jersey where they belong." Huh?

Wonder who they'll bury in the end zone of the new stadium.

Posted by: Benjy Rose on 29 Sep 2005

23 comments, Last at 30 Sep 2005, 6:43pm by Carl

Comments

1
by BillinNYC (not verified) :: Thu, 09/29/2005 - 11:14pm

AND, the Jets will no longer even practice in New York. They are no part of a 99 year agreement to play in New Jersey.

How do they still call themselves New York? They play next door to the New Jersey Nets. Right now the only connection they have to New York is that Herm Edwards has them stay in a NYC hotel the night before a game, so they feel "connected" to the city.

I'm no fan of the Jets, but not getting a stadium in the city by the convention center was the worst thing to happen for them. I know they tried, and the city alderman were not behind it, but...

2
by BillinNYC (not verified) :: Thu, 09/29/2005 - 11:14pm

AND, the Jets will no longer even practice in New York. They are no part of a 99 year agreement to play in New Jersey.

How do they still call themselves New York? They play next door to the New Jersey Nets. Right now the only connection they have to New York is that Herm Edwards has them stay in a NYC hotel the night before a game, so they feel "connected" to the city.

I'm no fan of the Jets, but not getting a stadium in the city by the convention center was the worst thing to happen for them. I know they tried, and the city alderman were not behind it, but...

3
by DavidH (not verified) :: Thu, 09/29/2005 - 11:16pm

The agreement, a 50-50 partnership, was announced by Mr. Codey today in a news conference at Giants Stadium, where both teams currently play. It makes the Jets a party to the deal the Giants struck with state officials in April and guarantees that both teams will remain in New Jersey for 99 years.

99 years is a looooong time

4
by ChrisFromNJ (not verified) :: Fri, 09/30/2005 - 12:07am

I for one am thrilled. As a lifelong Giants fan, I'm kind of sad to see the Jets (clearly a second-class football franchise) get to share a stadium with Big Blue, instead of being merely tenants. But it's more important that New Jersey remain the football capital of the NYC metro area.

Besides, from a purely practical standpoint, two stadiums is just wasteful.

5
by Stevis (not verified) :: Fri, 09/30/2005 - 12:13am

TMQ now will have 99 years of Jersey/A and Jersey/B.

6
by NF (not verified) :: Fri, 09/30/2005 - 12:20am

What you don't have here is marketing research. Which I bet would show that, in New Jersey, the Jets are far and away the most popular football team.

7
by ChrisFromNJ (not verified) :: Fri, 09/30/2005 - 1:00am

#6:

I would be highly surprised if that were the case. There are far more Giants fans than Jets fans in NJ (or at least, among the parts off NJ I know); and from what I hear, the Jets have a similar advantage in Long Island.

8
by MichaelNYG (not verified) :: Fri, 09/30/2005 - 2:32am

According to SI, the Giants are much more popular in NJ. Even more so in Conn. Its a little closer in New York but the G-Men still have the edge. These surveys cant be that far off. It makes sense historically also.

9
by VarlosZ (not verified) :: Fri, 09/30/2005 - 3:07am

Pros:

-- With the expanded capacity, I'll move up a few spots on the Giants' season ticket waiting list. Now I might have a realistic chance of getting seats in the next 50 years. (As of last year, they were working through names submitted in 1984.)

-- New digs. I like Giants Stadium plenty (good sight-lines), but it's not exactly historic, and the new place will probably be nicer.

-- No chance of the Jets getting a New York City stadium and leaving the Giants in New Jersey, eventually to become the lower-prestige organization.

-- No chance of a Manhattan football stadium. That was a bad idea.

Cons:

-- Ticket prices should break the $100 barrier by the time the new place opens (which could drive scalper prices for an average seat up to $250-$300).

-- Will no longer be able to lord it over Jets fans that they play in "Giants Stadium."

10
by Theo (not verified) :: Fri, 09/30/2005 - 8:25am

New Jersey Jets also sounds better.

11
by Jersey Jets fan (not verified) :: Fri, 09/30/2005 - 9:34am

Well the Giants don't have anything to do with New York either. The only time they went to NY was when they played the Bills in Buffalo.
So - in all reality they are the Jersey Jets and the Jersey Giants.

I have heard that the team takes on the name of the city that does the broadcasting -in this case it's NY. The Lions play in Pontiac, but they might be broadcast from Detroit.

12
by Trogdor (not verified) :: Fri, 09/30/2005 - 9:38am

The Lions play in Detroit now.

13
by Al (not verified) :: Fri, 09/30/2005 - 10:39am

I shouldn't be surprised that the Jets and Giants realized there's a crapload more money for them to make building a stadium together than if each tried to build their own. But I never really thought the two teams would put egos aside to actually get together and build the stadium.

I like that maybe my kids will get Giant season tickets from my waiting list spot, instead of my grandkids, because of the increased seating. I don't like that there won't be a football stadium 10 minutes from my house, even if it would have been Jet Stadium.

This is a big blow to Queens. A Jet stadium in Flushing would have been great. It could have led to the removal of those chop shops from Willets Point and a lot of economic development in an underutilized area. The Jets not moving to Queens also likely means the new Met stadium won't get off the ground in the forseeable future. Without the Olympics or the Jets, there's really little incentive for anyone to get moving on Shea v.2.

Does anyone know anything about this mysterious Xanadu project that's also being built at the Meadowlands? Is it just a big shopping mall?

According to the story, they're still undecided on having a retractable roof on the stadium. I can understand why the teams wouldn't want one from a competitive standpoint, but from an economic standpoint it's a no-brainer to build the roof. The new stadium would become an automatic stop on the rotation for the Super Bowl and Final Four, plus a great place for big conventions.

If Fernando Ferrer (NYC mayorial candidate) is smart, this will be a big issue in the mayor's race. How much time, money, and political capital did Bloomberg spend trying to get a Jet stadium in NYC only to see all of the benefits of the stadium go across the river?

Long term, I'm wondering what, if any, impact this will have on the Jet fanbase. Long Island is the Jet stronghold. How much of that is because of the Jets' former home in Shea and because the Jet headquarters and training facilities are on LI? With the team moving everything to NJ, with no hope of return, LI has no real ties to the Jets anymore.

14
by White Rose Duelist (not verified) :: Fri, 09/30/2005 - 10:47am

"Jersey Jets" has a nice ring to it.

15
by BillinNYC (not verified) :: Fri, 09/30/2005 - 11:02am

Al, Couple of things:

With the G'nts paying $400mm of the $800mm, I would expect that they will look to season ticket holders to kick in some of the costs through a personal seat license or something. So not only will the bigger seating capacity help, but there may end up being some turnover in existing holders.

Queens would have been good for the Jets. But does this really efefct the Mets. Didn't they already get approval from the city for a stadium shortly after the Manhattan Stadium deal fell apart? The Mets would have had to be entirely stupid to link that deal with a successful NYC2012 bid. I thought that was a done deal.

As for the Mayoral race, I doubt that will be a huge issue. First, it wasn't Bloombergs fault the Stadium deal fell through, plus there are a number of people upset that it did - MSG aside.

Xanadu is a retail complex.

Finally, the agreement calls for the stadium to be "roof-ready." Meaning that it will not be built with one, but it can be added without significant structural changes in the future if they were to win a Super Bowl bid.

16
by BillinNYC (not verified) :: Fri, 09/30/2005 - 11:03am

Al, Couple of things:

With the G'nts paying $400mm of the $800mm, I would expect that they will look to season ticket holders to kick in some of the costs through a personal seat license or something. So not only will the bigger seating capacity help, but there may end up being some turnover in existing holders.

Queens would have been good for the Jets. But does this really efefct the Mets. Didn't they already get approval from the city for a stadium shortly after the Manhattan Stadium deal fell apart? The Mets would have had to be entirely stupid to link that deal with a successful NYC2012 bid. I thought that was a done deal.

As for the Mayoral race, I doubt that will be a huge issue. First, it wasn't Bloombergs fault the Stadium deal fell through, plus there are a number of people upset that it did - MSG aside.

Xanadu is a retail complex.

Finally, the agreement calls for the stadium to be "roof-ready." Meaning that it will not be built with one, but it can be added without significant structural changes in the future if they were to win a Super Bowl bid.

17
by B (not verified) :: Fri, 09/30/2005 - 11:10am

Isn't Xanadu where Citizen Kane lived?

18
by Al (not verified) :: Fri, 09/30/2005 - 11:13am

Yeah, the Mets got their approval for a stadium once the Manhattan deal fell through as part of a last gasp attempt to grab the Olympics. To my understanding, the public financing for the infrastructure around the proposed stadium hasn't been officially passed as part of a budget by the city council, or the state legislature, or whoever is supposed to pass it just yet.

19
by TMK (not verified) :: Fri, 09/30/2005 - 11:23am

RE 17:

Even more to the point, B, it's where Coleridge had "Kublai Khan a stately pleasure dome decree."

Apparently someone in Jersey doesn't quite understand the meaning of the word "stately". The new pleasure dome doesn't HAVE to be built by the state, guys. ;)

20
by TMK (not verified) :: Fri, 09/30/2005 - 11:31am

RE 17:

Even more to the point, B, it's where Coleridge had "Kublai Khan a stately pleasure dome decree."

Apparently someone in Jersey doesn't quite understand the meaning of the word "stately". The new pleasure dome doesn't HAVE to be built by the state, guys. ;)

21
by Johonny (not verified) :: Fri, 09/30/2005 - 12:37pm

It's also a "great" Olivia Newton John film with a ELO sound track to boot.

22
by Bassett (not verified) :: Fri, 09/30/2005 - 12:39pm

As a guy who religiously blogs and follows the Jets, the reactions from fans that I have heard are mostly negative.

The biggest problem with a location, wherever it may be in the NY area is that to choose Queens, say over New Jersey, is that you are going to alienate fans on the other side of Manhattan, and they are the two biggest fan bases in the area. If the stadium couldn't be put in neutral ground (Manhattan), this was destined to happen.

The problem that I have with the whole New Jersey Jets BS is the following:

1) New York City happens to be less than 30 miles from 3 seperate states

2) The population density is one of the highest in the world... I think close to 10% of US citizens live within an hour of NYC.

3) There are four major bodies of water seperating the area (LI sound, Hudson River, East River, Upper/Lower NY Bay)

4) Commercial price per square foot in NYC is akin to like $970... in Denver for instance... like $300 ... you try to cost justify that...

All that said, it isn't that easy to cost justify space in Manhattan, where it is at an uber-premium the space isn't used everyday, and the geography doesn't help matters.

The next solution is to look outside of the market, and the best they could do was Jersey or Queens.

/Someone was going to lose, and I am sorry that is the case, but it was an economic certainty...

23
by Carl (not verified) :: Fri, 09/30/2005 - 6:43pm

"The Lions play in Detroit now."

Poor Detroit.