Why are NFL stadiums paid for by tax dollars of the city’s residents ?
- FLv 61 month ago
Because it’s far more interesting if you’re a council official to plan and talk about sport and stadia than it is talking about sewage and refuse collection.
In the UK we build stadia for events like the Olympics or Commonwealth games and then sell or lease them to soccer teams for a fraction of market value to enable them to pay their players £300k a week.
- conley39Lv 71 month ago
Because the cities see the pro teams as a financial draw and can use the stadium for other events such as concerts. It's usually not a good deal for the city.
- ndmagicmanLv 72 months ago
Huge influx of revenue to other businesses, i.e. hotels, restaurants, shopping, etc. to cities during an NFL season.
And in many cases new stadiums are paid for in a combination of ways. Part tax dollars, part the NFL itself, and part the team owners.
- KathyLv 72 months ago
Because the team owners do not want to cough up the money to pay for them.
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- Anonymous2 months ago
Because municipalities believe that they benefit from having a professional franchise. They believe that tourism dollars increase and businesses benefit from people coming to NFL games.
The problem is that NFL teams are a haven for brain dead criminals and team owners are degenerate drug addicts.
Cities would actually be better off not having an NFL team.
- 2 months ago
Because local governments have been running this con about 'job creation' and 'if we don't give them hundreds of millions of dollars they'll leave' (both of which are big fat lies) and citizens are gullible enough to believe it, and your town/city/county/regional councils are happy to go along with the con. The stadiums don't create jobs (construction jobs already existed), the team already existed (in most cases which means the front office, players, staff, coaches, etc. jobs aren't new), and additional revenues is the other lie (if you live in a city, and the football team says 'we need a new stadium' the vendors who work at the old stadium simply move to the new one; IT DOESNT CREATE ADDITIONAL JOBS, and any 'additional' revenue is microscopic). People in your city don't automatically have disposable income so their spending doesn't change. So maybe instead of going to a restaurant for dinner, they buy football tickets BUT THEIR SPENDING HASN'T GONE UP.
NFL owners are billionaires. Giving them free money for a stadium is quite literally the dumbest thing a local/municipal government can do with tax revenue.
- EntropyLv 72 months ago
Because of political leverage. And usually state money is involved even more than city money.
NFL teams are very popular. People want them. So owners looking for a new stadium will threaten to leave if the city/state doesn't pay for them. Politicians know that if they're the one that let the popular team walk away, they'll likely lose their next election...and here's a little political advice for you - politicians don't care about you. They care about staying in office. As long as they're in office, they get to milk the system for money. I know, you're thinking "Yeah, that describes the OTHER party, but not mine!" but you're a naïve child if you think that. Both parties function that way.
So politicians will get some lousy economist to make up a study purporting all kinds of economic benefits and revitalizing the downtown area or some such. These are lies, studies by real economists consistently show that these stadiums NEVER create enough economic activity to justify themselves.
Now, there has been a bit of good news on this front. Some governors have started saying no to NFL teams that were obviously bluffing. The NFL itself has so much money that it has started paying for stadiums (at least in part) to help owners out. This is not an 'every' type of situation, but it's happened a few times recently.