Muni Bond Watch Turns to Sports Facilities
In recent years a handful of top-level teams have gone through or flirted with bankruptcy. This is a global phenomenon, with a list including the Rangers in Texas, Portsmouth in ...Take Me Out to the (Newer) Ballpark
My wife and I recently visited the West Coast, affording me my first game at Dodger Stadium in 45 years. While Brooklynites still despair the Dodgers exit from the East ...Stadium Naming Fun
Lackawanna County stadium naming contract must be made public, state says What a great headline! Here is how the story begins: A naming-rights agreement for the county-owned baseball stadium is ..."As Stadiums Vanish, Their Debt Lives On"
Ken Belson digs into the financial legacy of the Meadowlands Sports Complex in today's New York Times. In short, it's a money loser, with $266 million in debt for which ...The NFL to Member Teams: All Your Los Angeleses are Belong to Us
When the most recent print version of the Sports Business Journal arrived at Chez Miller, an above the fold headline read: "NFL: We Have Final Say in L.A." with a ...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 one or two alternative venues, ...Baseball Stadium Quirks
From Frank Deford at Sports Illustrated: Myself, speaking for students of baseball, I'm sorry, but in constructing some things, the trick is not to run away from nostalgia, but simply ...Quick Notes & Links
The NHL is thumping its chest over an excellent season for business. Says Commissioner Gary Bettman, ""By whatever method of measurement you want to use -- be it ratings, revenues, ...Problems in St. Louis' Downtown Revitalization.
A couple of weeks ago, Skip had a post on the lack of development beyond the left-field wall at St. Louis' Busch stadium. The vacant field, seen clearly in this ...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 ...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 Cowboys Stadium. Both public and ...The Continuing Stadium Mess: More Effects of Using Other People's Money
I'm shocked, shocked I say that this would happen in a case with a publicly-subsidized sports stadium. Eight years ago, as the St. Louis Cardinals aimed to build a new ...