Cowboys Stadium Financing
This story from the Dallas Morning News has some good details on the public/private contributions to paying off the bonds which support the $1.2 billion …
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Glendale Bailing Out the Coyotes
In 2010, the city of Glendale, Arizona, found itself in the center of a financial storm as it quietly began subsidizing the money-losing Phoenix Coyotes, …
The Economy and the Olympics
There’s an article on the front page of today’s Denver Post about the effect of the stumbling economy on the Olympics: Although the Olympic flame …
Government Complaint Against Rod Blagojevich Regarding Public Funding for the Cubs
Rarely do we see the behind-the-scenes maneuvers when it comes to government and the sports business, but this arrest of Illinois governor Rod Blagojevich has …
Phoenix Coyotes Declare Bankruptcy
The Phoenix Coyotes (the old Winnipeg Jets) have declared bankruptcy. From the Arizona Republic (HT Warren Meyer): Less than an hour before the National Hockey …
Teams Leave Before the Debt Does
The Red Sox want spiffier spring training digs in Fort Myers, Florida, and the locals of Lee County will oblige. After “kicking the tires” of …
“Carnival-like monstrosity”
The Marlins beat the Cubs 5-2 last night, spoiling another good effort by Ryan Dempster. Dempster, who hurt himself with a throwing error in the …
Tax Exemptions and Subsidies for Athletic Facilities Face Opposition in Minnesota
From my local paper (The Mankato Free Press): In a setback for Mankato and North Mankato’s effort to extend their local sales taxes, a key …
economic development, Economic Impact, hockey, nhl, Phoenix Coyotes, public funding, sports and the economy, Stadium Subsidies
Ice Hockey Success in the Sun Belt
A couple of weeks ago I was contacted by John Miller about a story he was writing on the Phoenix Coyotes. As readers of The …
Announcing the New Quebec City Arena…
Big news out of Quebec today. The Province of Quebec and the Quebec City government announced formal plans to build a new arena in Quebec …