Deezus' argument. "Stop subsidizing billionaire owners!"
1996: Cleveland couldn't approve funding for a new stadium. Browns moved to Baltimore.
2008: Seattle couldn't approve funding for a new stadium. Sonics moved to OKC.
Two of the best fan bases had their teams ripped away from them because they couldn't secure funding for a new stadium. I doubt Cleveland ever votes down stadium funding again.
Modell had to move the team because he was a shitty owner who couldn't make a profit. He continued to be a such a shitty owner in Baltimore, even with a sweetheart deal, that he had to sell the team. His failures are on him, and not on any stadiums.
The group that bought the Sonics already planned to move the team before any negotiation on a new stadium in Seattle came up. Again, the talk of not getting a stadium is just an excuse to sell to the public.
I guess what else are you going to do with $1B other than lavishly waste it.