To: RobertClark
There has never been a publicly funded pro sporting arena that has ever been a benefit for taxpayers - they are black holes of funds, provide exceptional profit for team owners with minimal return to taxpayers. The formulas utilized to determine the economic impact of a stadium / sports team on a municipality are flawed on a level that is staggering. Look at the outstanding debt on all pro stadiums and tell me they benefit taxpayers.If building and operating a stadium or arena were profitable, the teams would insist on building their own facilities, rather than stick the taxpayer with the tab.
To: GreenHornet
If building and operating a stadium or arena were profitable, the teams would insist on building their own facilities, rather than stick the taxpayer with the tab. Ding, ding, ding. Winner!!!
29 posted on
07/02/2013 5:21:52 PM PDT by
RobertClark
(My shrink just killed himself - he blamed me in his note!)
To: GreenHornet
If building and operating a stadium or arena were profitable, the teams would insist on building their own facilities, rather than stick the taxpayer with the tab.
Damned straight!!!
32 posted on
07/02/2013 5:24:51 PM PDT by
RedMonqey
("Gun-free zones" equal "Target-rich environment.")
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