Reinvesting Revenues From a New Stadium?
This is a common claim made by teams, but I'm skeptical. According to economic theory, the value of any given player/coach/trainer on a profit-maximizing team is what that person contributes ...New Stadiums as Black Holes
A common and important point made by economists when critiquing economic impact claims is that most of the expenditures are realized by the teams themselves. The rationale for stadium subsidies ...Cowboys Stadium, reviewed
The new football palace in Arlington is reviewed by an architecture writer from Massachusetts, in the Dallas Morning News. Very interesting. Refers to "the new sports economics" when "new economics ..."Wild Pitch"
The New York Times reprints Roger Noll's "Op-Ed Classic", from 1996. The opening line: "Even at a time when major league sports have become a cartoon of financial excess, the ..."Naming Rights and Historical Wrongs"
In this NYT article, Sandomir discusses the prospect of the NFL's Giants and Jets playing in Allianz Stadium: The Giants and the Jets face moral and public-relations questions as they ...Six grand a seat
D.C. is in the stadium subsidy discussion business again. This time it's for Major League Soccer's D.C. United: a 150 million dollar public subsidy, for a 25,000 seat stadium. Lets ...If You Build It, They Will Come
Maybe. If they are subsidized. The Minnesota Ballpark Authority is expected to announce today a $1 million fund to enhance the area around the Twins new ballpark. Maybe.
