oakland new nfl hotel stadium spreadsheet

Sheet1

Oakland Raiders NFL Stadium / Hotel Financial Scenario – Zennie AbrahamThis version can includes a baseball stadium component for the Oakland A's.The key here is the introduction of a hotel development component. Stadium revenues where noted are sized to a 30-year private bond issue

04/27/15

Total Coliseum City Oakland Stadium Construction CostNote 1: this consists of an upgraded existing stadium, with a brand new west side, and added seats to reach 75,000, or about 10K new seats.That cost I estimate at $400,000,000; the east side was built for $200 million in 1996. Note 2: All titles marked bold and * are revenues earmarked for stadium bond issue. The proposal is to use them as the basis for a lease revenue bond.

Stadium RevenuesNaming RevenueNaming Revenue Share To Stadium*Naming Revenue Share To RaidersSponsorships Sponsorships – Raiders Share 60%Sponsorships – Stadium Share 40% *Mello Roos District Bond Issue (Govt Spending)*Oakland Raiders Contribution*NFL G4 Loan*Total Suite RevenueTotal Ticket RevenuePercent SoldTotal Seat Option RevenueTotal Concessions RevConcessions Rev To Team (30 Years Total)Concessions For Stadium Const (30 Years Total)*Concessions For Stadium Operations (30 Years Total)

Ticket / Seat Option Revenues

Ticket Revenue To NFL (34 % - Also NFL G3 Repayment)Seat Option Revenue To NFL (34%)Ticket Revenue To TeamTicket Revenue For Stadium Operations

Stadium Capacity Estimates

Stadium CapacityAvg Ticket Payments Per Person Life Of BondAvg Ticket Payments NFL SeasonAvg Ticket Price Per NFL game

Suites, Number OfSuite Price Per Season

Sheet1

Percent SoldNFL SeasonsTotal Suite Revenue 30yPercent Suite Revenue For Stadium Construction BondSuite Revenue For 30y Construction Bond – Raiders Cont*

Seat Option Revenue Estimates

Seat Options Number OfPercent SoldAvg Price Per Seat Option / YrNumber Of Years (1 = Lifetime Seat Option)Total Seat Option RevenueNet Of NFL ShareNet Revenue for Construction Bond Issue*(Note: NFL Teams share of Seat Option Revenue can be waived)

Stadium Hotel Component Section

Number of RoomsConstruction Cost Per Room (Industry Standard)Total Hotel Construction CostAvg Rm SqFtCost Per SqFtOperating Cost Per RoomAvg Rate Per Room

Total Base Room Rev Per DayOccupancy RateTotal Room Revenue Per YearHotel Transient Occupancy Tax Revenue (Request 6 percent; normally 11 Percent)Net Total Room Revenue Per Year

Total Room Revenue Per Year Times 30 y With Infla Rt 4%Total Hotel Operating Cost Per YearTotal Hotel Operating Cost Per Year Times 30y With Infla Rt 3%Total Hotel Base Net Operating Revenue Per Year

Total Hotel Net Operating Revenue Per Year Times 30 yUsing 45 percent Hotel Net Operating Rev for Stadium*

Total Stadium / Hotel Revenues

Total Stadium Rev For Stadium Construction

Sheet1

Total Hotel Revenue For Stadium / Hotel Construction 30yTotal Revenue Available For Stadium / Hotel Construction 30y

Total Stadium / Hotel Construction Costs

Total Hotel Construction CostTotal Stadium Construction CostTotal Stadium / Hotel Construction CostTotal Revenue Available For Stadium / Hotel Construction 30y **Total Net Revenue Available For Stadium / Hotel Construction 30y

Total Stadium Operating Revenues / Costs Over 30 y

Total Stadium Operating Revenue over 30y (not for stadium construction)Total Stadium Operating Cost over 30yTotal Net Profit over 30y

Municipal Bond Issue For Project – Estimated Value / Payments

Funds NeededDebt Service ReserveCost of IssuanceTotal Bonds Issued

Total Available Revenue For Bond Issue 30yr **Revenue Net Cost Of Total Bonds Issued

Tax Revenue From Project

Hotel Transient Occupancy Tax Revenue 30 yr

Sheet1

$575,000,000.00Note 1: this consists of an upgraded existing stadium, with a brand new west side, and added seats to reach 75,000, or about 10K new seats.That cost I estimate at $400,000,000; the east side was built for $200 million in 1996. Note 2: All titles marked bold and * are revenues earmarked for stadium bond issue. The proposal is to use them as the basis for a lease revenue bond.

$50,000,000.00$20,000,000.00$30,000,000.00$20,000,000.00$12,000,000.00

$8,000,000.00$0.00

$100,000,000.00$200,000,000.00$972,000,000.00$924,000,000.00

0.8$79,625,000.00

$134,400,000.00$94,080,000.00$40,320,000.00$20,160,000.00

$314,160,000.00$27,072,500.00

$517,440,000.00$92,400,000.00

70,000$16,500.00

$550.00$55.00

300$180,000.00

Sheet1

0.630

$972,000,000.000.4

$288,800,000.00

350000.65

$3,500.001

$79,625,000.00$52,552,500.00$52,552,500.00

610.00$169,000.00

$103,090,000.00325.00

$520.00$75.00

$180.00

$109,800.000.65

$26,050,050.00$1,563,003.00

$24,487,047.00

$763,995,866.40$16,698,750.00

$515,991,375.00$9,351,300.00

$248,004,491.40$111,602,021.13

$709,672,500.00

Sheet1

$111,602,021.13$821,274,521.13

$103,090,000.00$575,000,000.00$678,090,000.00$821,274,521.13$143,184,521.13

$2,245,625,000.00$345,000,000.00

$1,900,625,000.00

$678,090,000.00$77,031,024.00$15,406,204.80

$770,558,827.79

$821,274,521.13$50,715,693.34

$46,890,090.00

Sheet1

600 No Rooms 600 No Rooms150475 Cost Per Rm 150475 Cost Per Rm

325 Avg Rm SqFt 325 Avg Rm SqFt463 Cost Per SqFt 463 Cost Per SqFt

75 Oper Cost Pe 75 Oper Cost Pe

Sheet1

600 No Rooms 600 No Rooms 600 No Rooms 600150475 Cost Per Rm 150475 Cost Per Rm 150475 Cost Per Rm 150475

$0.00 Total Hotel Co $0.00 Total Hotel Co $0.00 Total Hotel Co $0.00325 Avg Rm SqFt 325 Avg Rm SqFt 325 Avg Rm SqFt 325463 Cost Per SqFt 463 Cost Per SqFt 463 Cost Per SqFt 463

75 Oper Cost Pe 75 Oper Cost Pe 75 Oper Cost Pe 75

Sheet1

No Rooms 600 No Rooms 600 No Rooms 600 No RoomsCost Per Rm 150475 Cost Per Rm 150475 Cost Per Rm 150475 Cost Per RmTotal Hotel Co $0.00 Total Hotel Co $0.00 Total Hotel Co $0.00 Total Hotel CoAvg Rm SqFt 325 Avg Rm SqFt 325 Avg Rm SqFt 325 Avg Rm SqFtCost Per SqFt 463 Cost Per SqFt 463 Cost Per SqFt 463 Cost Per SqFtOper Cost Pe 75 Oper Cost Pe 75 Oper Cost Pe 75 Oper Cost Pe

Hotel Room Rate Revenue Plu$0.03 Inflation Rate

Total Revenue From Hotel Ro

Sheet1




Hotel Room Rate Revenue PluHotel Room Rate Revenue Plus Inflation$0.03 Inflation Rate

Total Revenue From Hotel RoTotal Revenue From Hotel Room With Inflation Rate

Sheet1


Hotel Room Rate Revenue PluInflation RateTotal Revenue From Hotel Ro

Sheet1




Hotel Room Rate Revenue PluHotel Room Rate Revenue PluHotel Room Rate Revenue PluHotel Room Rate Revenue Plu$0.03 Inflation Rate $0.03 Inflation Rate $0.03 Inflation Rate $0.03

Total Revenue From Hotel RoTotal Revenue From Hotel RoTotal Revenue From Hotel RoTotal Revenue From Hotel Ro

Sheet1


Hotel Room Rate Revenue PluHotel Room Rate Revenue PluHotel Room Rate Revenue PluHotel Room Rate Revenue PluInflation Rate $0.03 Inflation Rate $0.03 Inflation Rate $0.03 Inflation RateTotal Revenue From Hotel RoTotal Revenue From Hotel RoTotal Revenue From Hotel RoTotal Revenue From Hotel Ro

Sheet1






Sheet1




Hotel Room Rate Revenue PluHotel Room Rate Revenue PluHotel Room Rate Revenue PluHotel Room Rate Revenue Plus Inflation$0.03 Inflation Rate $0.03 Inflation Rate $0.03 Inflation Rate $0.03

Total Revenue From Hotel RoTotal Revenue From Hotel RoTotal Revenue From Hotel RoTotal Revenue From Hotel Room With Inflation Rate

Sheet1


Hotel Room Rate Revenue Plus Inflation

Total Revenue From Hotel Room With Inflation Rate

Sheet1




Sheet1

600 No Rooms 600 No Rooms 600150475 Cost Per Rm 150475 Cost Per Rm 150475

$0.00 Total Hotel Co $0.00 Total Hotel Co $0.00325 Avg Rm SqFt 325 Avg Rm SqFt 325463 Cost Per SqFt 463 Cost Per SqFt 463

75 Oper Cost Pe 75 Oper Cost Pe 75

oakland new nfl hotel stadium spreadsheet

Documents