Well the stadium thing seems to be rearing its head again. Earlier, in the summer it was announced that the city had spent just over a million dollars for various projects related to the expansion of the convention center and the building of a new stadium.
Mayor Peterson has stated in no uncertain terms that there will be no property taxes used to fund either project. He has floated the idea of a sales tax increase to 7% or an increase in the restaurant tax, but not both.
Basically the cost of the project is expected to be $750 million. That is both the stadium and convention center. Right now, with the state, federal, a CIB and Colts contribution there is about $97 million in the coffers. An increase in the sales tax would generate $154 million per year.
Apparently the Mayor has also been talking about a Super Bowl in Indianapolis being the reward for a new stadium. Many think he is just dangling that out there to get the support he needs from the Indiana General Assembly come January. I would tend to agree with that. The NFL didn’t want a team here so I really don’t see them giving us a Super Bowl regardless of how well we do.
The bottom line is this, a new stadium will be built with or without a long term commitment from the Colts. The NCAA has said they want to give us a Final Four every 5 years, but that they need a new facility or the promise of one to keep their end of the bargain.
Look for an announcement early in the spring and for groundbreaking to begin next year with the Colts playing in the new, retractable roof stadium in 2008.
Now on to more important matters. Have you seen Jeff Sagarins ratings yet this week? What a hoot! The Detroit Lions are third, the Giants fourth and the Bears sixth. The Colts are mired down in seventh. Of course this is all done with a mathematical formula that usually shakes itself out as the season goes on, but at this point in the season, it is really off.
At the quarter pole the Colts are 3-1 and are as good as anyone in the league. The Cardinals, 49ers, Dolphins and Bucs are all winless. Philly, Seattle and New England, New York Jets and Atlanta remain unscathed. So here are my rankings following week 4…
1. New England-Struggled for about three quarters against the Bills coming off the bye week. Still can’t take them down yet.
2. Philadelphia-Slow roller for Eagles who beat Bears by 10, but were sluggish doing it.
3. Indianapolis-Now have two road wins against division opponents. D is bending and at points breaking, but comes up big in fourth quarter. No one can stop the O.
4. Seattle-Look at their offensive stats and you will understand why this team is dangerous. BALANCE!
5. NY Jets-CuMa has been brilliant and Pennington has been inspired. Not a great outing at Miami though where they always seem to win.
6. Atlanta-Big week for Falcons. If Warrick Dunn can’t go, will T.J. Duckett be able to pick up the slack or will Mike Vick try to do too much?
7. Minnesota-Honestly I will be surprised if this team gets any higher this year on this list.
8. Jacksonville-That is a fairly tough D and they played a good game against the Colts. Probably still a year early, but improved.
9. Dallas-Looked solid in Monday nighter last week against Redskins, but then again, it was the Redskins!
10. Pittsburgh-Getting it done with the rookie QB. It helps to have the Bus and Duce Staley running behind you though. Quietly built a 3-1 record.
Frankly I think the top four teams on that list will be the final four teams at the end of the season. Some of those other teams are good, but not quite ready for the big time. There are some teams though that have really played their way out at this early point of the season. Here are the biggest busts (so far). Mind you these aren’t the worst teams but the biggest disappointments…
1. Tennessee-Eked out a win against a crappy Dolphin team then thought they could play against the Colts. Chris Brown looks like a keeper at RB, but the warrior is hurt and the team is 1-3 after Sunday’s ugly loss to the Chargers.
2. Green Bay-The Cheese has turned in Wisconsin. Consecutive losses at Lambeau, one to the Bears and three losses in a row. Now Favre is hurt and Mike MacKenzie is gone from a defense that needs him badly.
3. Carolina-Last year’s Super Bowl runner-up is this year’s turd in the punchbowl. Delhomme is showing his true colors and the D has been suspect as hell.
4. Chicago-Injuries have decimated this team, but all of the hope garnered with the win in Green Bay is a distant memory.
5. Cincinnati-Carson Palmer is taking his lumps as expected, but this was almost a playoff team last year and this year has taken a step back.
6. Kansas City-Won last night in Baltimore, but have a long way to go to get back to the playoffs.
Of course Miami, Arizona and San Francisco are all terrible, but everyone expected them to be. Miami has a decent defense, but that is all. The Cards and the 49ers are just shitty and may go winless.