The city’s groundbreaking new idea for financing a replacement for Arco Arena is to charge fans for their attendance, as this Sac Bee article explains. I’m kidding, though I’m not quite sure how $40,000 over 40 years, paid as $1000 per year ($24 per game) is different than a $24 season ticket (and $24 at the current Arco location basically gets you a parking space). If it had to be paid upfront I could understand.
Also, I’m not sure why anybody would pay for a seat at an arena over 40 or 50 years; after all, Arco has been marked for replacement for almost a decade. There must be something to this seat mortgage idea that I just don’t understand. It would be the first time I have ever, ever blogged about something without complete understanding of the issue, so you know I’m being truthful. 🙂