File under: “Nice ballpark.  Now, can you build is another- with a dome?”

American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices https://flip.it/KjUlOo

Courtesy of Fortune mag

“‘…Between 1970 and 2020, state and local governments spent $33 billion in public funds on major-league sports arenas across the U.S. and Canada—with the median public contribution covering 73% of construction costs. That number has only accelerated: In 2024 alone, more than $13 billion in taxpayer subsidies were proposed by teams across professional sports for new construction and renovations.””

Capitalism-caused climate change could further impact communities’ bottom line:  Pro teams will leverage  more public spending for new, domed stadiums to ensure owners’ revenue streams against weather disruptions and delays.   The costs will be socialized.

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Author: From Brassville to...

A career public servant, an adjunct professor, SME in policy analysis, program evaluation, emergency management, local government, amateur and youth baseball, and the interdependences and inter-connectedness if these.

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