Advocates of public sports stadiums should admit that they are homers, not economic development experts. That’s the conclusion of an editorial from Bloomberg.com. The headline announces: “As Super Bowl shows, build stadiums for love and not money.” It notes that the Lucas Oil Stadium, the site of the recently completed Super Bowl XVI, cost $720 million-of [...]
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Tag archives for Sports stadiums
NFL Should Buy Vikings a Stadium
With $9.3 billion in annual revenue, the NFL could afford to buy the Minnesota Vikings a stadium. When Sports Illustrated crunched the numbers in March 2011, it estimated that the NFL is a $9.3 billion-a-year enterprise. That’s almost as much money as flows to Major League Baseball, the NBA, and the NHL combined. About half [...]
category: John LaPlante
tags: Sports stadiums, Wilfare
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