Group Created with Sketch.
Volume 24 No. 154
  • Created with Sketch.
  • Created with Sketch.
  • Created with Sketch.

PATS EYE USE OF INCOME TAX FROM NEW TV DEAL FOR STADIUM HELP

          Members of the MA Senate "are considering writing a
     bill that would dedicate" the Patriots increased payroll
     taxes to finance state-funded infrastructure improvements
     near Foxboro Stadium, according to Tina Cassidy of the
     BOSTON GLOBE.  With the new NFL TV deal, teams will get an
     additional $40M on average per year, most of which will go
     to player salaries.  That means the Patriots "will generate
     an extra" $2.4M in income taxes, "just about enough to
     cover" the debt service on the state spending that Owner Bob
     Kraft says he needs for the expansion (BOSTON GLOBE, 1/30).