Showing posts with category "stadiums"

"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

February 16, 2022
tags
stadium subsidies

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

February 16, 2022
tags
public funding

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 --

February 16, 2022
tags
college football

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?

February 16, 2022
tags
stadium subsidies

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

February 16, 2022
tags
antitrust

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.

February 16, 2022
tags
stadium renovations

The NHL: Totals, Averages, and Marginals

From an article in the Trono Star,

February 16, 2022
tags
nhl

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

February 16, 2022
tags
economic development

"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

February 16, 2022
tags
doping

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

February 15, 2022
tags
finance

Reinvesting Revenues From a New Stadium?

This is a common claim made by teams, but I'm skeptical.

February 15, 2022
tags
new stadium

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

February 15, 2022
tags
capital