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That is stupid as hell for a cash strapped state/city
No new good permanent jobs will be created, just vendor jobs, everyone else will be a transplant.
The city will be spending all that jack for a owner to come in practically free. If a team knew it would reap profits it would build its own stadium jones style.
City will not see a real payback for decades with the breaks they will give, and by then the owner will upgrades.
Now, if the city is allowed to purchase the team. It would work. But that will never be allowed to happen.
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