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TopicIf an owner of one of the major sports teams in your city threatened
Smallville
03/18/24 5:28:14 PM
#6:


man101 posted...
It was 50/50 State and private funding. And of course once it paid itself off 50% of the future profits did not then go back into the state.

There have been studies on the ROI of stadium investments by public funds and it pretty much shows across the board that they're bullshit scams that allow rich investors to get richer under the pretense of providing (temporary construction and shit-paying permanent) jobs.
i read this as well. That they much overestimate how much the new stadium will generate in revenue. yeah like none of the future profits go to the state..

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