Showing posts with category "stadium subsidies"

Oriole Park - success story for whom?

There are two stories related to Oriole Park at Camden Yards in the Baltimore press. A common thread in the stories is the lease the Orioles signed with the

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

"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

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

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 --

Monopsony, Legislators, and Subsidies

Competition is a good thing, right? So why not allow the various communities within your state to compete with one another to attract a big business?

Stadium Issue in Santa Clara

The San Francisco 49ers and the Santa Clara City Council have negotiated a deal whereby the NFL franchise will get a new $937 million stadium with seating for

Portugal's Hangover

Portugal hosted Euro 2004, a fantastic tournament with a surprise winner in Greece. But as the financial crisis unfolds, some Portugese feel a tinge of regret

No More Super Bowls in Miami?

A story in today's Boston Herald reports that posted prices for Super Bowl tickets range from $2,000 to $5,000 in the secondary market.

The "Favre Effect"

The Favre effect is in full swing, and this short AP article gives some numbers to things I alluded to in my post below. The Vikes have sold 3,000 season

The NHL: Totals, Averages, and Marginals

From an article in the Trono Star,

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