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1986 Tax Reform and Stadium Finance
At the Chicago Tribune, Ameet Sachdev discusses the Ricketts family's petition to issue tax exempt bonds for renovations at Wrigley Field. Most of the story is an account of standard ... -
Move over Hollywood Gaming is Taking Over
The coronavirus (COVID-19) outbreak has caused social gatherings to become nonessential, influenced restaurants to close down, and triggered movie theaters to shut their doors. Due to this sudden shift in ... -
A good deal gone bad?
A Minneapolis developer signed an agreement a few years back to build and operate the Sears Centre Arena in Hoffman Estates, Ill., a suburb of Chicago. The city provided "about ... -
Fan Finance
A novel means of financing has been proposed by an investment banker and Buffalo Bills fan, Steven Brady. The idea is to finance an anticipated purchase of the team from ... -
Weekend Wrapup
Quite a weekend in sports economics... Pittsburgh, San Diego, and Vegas There was an interesting finish in the game between the Chargers and the Steelers. On the last play of ... -
Not a great investment
I'm speaking of Wolverhampton Wanderers, a football club that was in the old first division when I first set foot in England in 1973. I've kept track of them off ... -
The Rate of Return on Sports Franchises
Over on Newmark's Door, economist Craig Newmark discusses a recent New York Times article by Joe Nocera about why bad team owners want to own professional sports teams. Both the ... -
Edmonton Arena Deal Finalized
The Edmonton City Council passed a bill yesterday authorizing a package amounting to $480 million in funding for construction of a new arena in downtown Edmonton. This appears to end ... -
Watch Out, NHL!
An article in today's New York Times claims that the top professional hockey league in Russia, the Superliga, plans to challenge the supremacy of the NHL as the world's top ... -
Financial Fun Facts: The Economic Impact of NCAA March Madness
March Madness is almost here, and it’s one of the most fun and exciting sporting events of the year. But this fun isn’t free – it comes at a price. Lost ... -
Is Reliant Stadium Debt Really Junk?
The Houston Chronicle reports: The Harris County-Houston Sports Authority is short $5 million on a debt service payment for Reliant Stadium due this week, prompting it to dip into its ... -
Trouble in Dallas?
No, this post is not about PacMan. Looks like the credit market problems are starting to affect stadium construction projects. According to an article in the Sports Business Journal, the ...
