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"
Slate. The Slate Group, 17 Mar. 2015. Web. 01 Oct.
2015
This article focuses on solutions to the issues, namely Obama s budget fix
that would prohibit the use of tax free federal bonds for stadiums that are
primarily used by sports teams. The author also goes into depth on a specific
example of the Braves and their move from Atlanta to the surrounding
county, Cobb County, after Atlanta refused to pay the ransom and update
their stadium leaving the Atlanta taxpayers on the hook for the remaining
payments on the stadium. He also says that it would not be such a bad thing
if sports teams shared the profits with the cities.
Why are
stadiums not
economic
boosters?
This article by Jeffrey Dorfman focuses on why exactly stadiums are not
economic boosters, his reasoning is that for money to go to the stadium it
has to come from somewhere else and while stadium related businesses may
see a boost unrelated businesses will not and will even see a downturn.
Moreover he explains why increased taxes from the stadium don t cover the
stadium cost even when you take into account out of town guests, he says
this is primarily because of the additional infrastructure costs that result.