Quote:
Originally Posted by duncan_idaho
Bragging rights.
Tax revenue.
Sales tax on money spent at the stadium
Billions of reasons over 40 years.
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Bragging rights? Childish but that's about all a city gets from having pro sports...
As for tax revenue, no. It's well documented that cities struggle to break even on pro sports deals. Remember this business is only open about 12 days out of 365. And, most of the money spent at the stadium would have been spent in the metro anyway, it's not new money, it's just siphoning money from other businesses like the local pub or bowling alley.
It makes a lot more sense to have your neighbor pay for the stadium while you sell a few plane tickets and some bbq.