Why taxpayer-funded sports stadiums don’t pay off
Why taxpayer-funded sports stadiums don’t pay off
Time after time, any benefits resulting from these projects were consistently overshadowed by the massive costs to the public.
[Source Image: Sepia100/Adobe Stock]
Americans are crazy about sports. But whether that passion requires taxpayers to subsidize new facilities every time leagues and franchises ask for them needs rigorous scrutiny.
A lot of money is at stake. For 2025, the NFL reported some $14.5 billion in revenue, while the MLB collected an estimated $12.2 billion and the NBA earned almost $12........
