"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
"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?
American Needle v. NFL Oral Arguments
The Supreme Court heard oral arguments in the American Needle v. National Football League case yesterday. The central issue in the case, whether or not the
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 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
"Technological Doping"? - The Speedo LZR
Swimming has its version of the aluminum bat, an improvement in capital design that makes "labor" very productive, at least in an absolute sense. Maybe too
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
Reinvesting Revenues From a New Stadium?
This is a common claim made by teams, but I'm skeptical.
Are Stadiums and Players Complements in Production?
Teams seeking public subsidies commonly claim that building a new stadium will improve the team's revenue flow, allowing it to acquire more talent and improve