Public financing of baseball stadiums unnecessary
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| By bfriend on Wednesday, March 24, 2004 - 05:19 pm:|
The "Selig Extortion Hit Squad" will hate this report:
Study: Public financing of baseball stadiums unnecessary
DAYTON, Ohio (AP) -- Play ball, tax free.
A study by researchers at the University of Dayton concludes that large public subsidies for the construction of major league baseball stadiums are unnecessary.
Economics professors Marc Poitras and Larry Hadley examined the 13 stadiums built between 1989 and 2001 and concluded teams would probably recover all or nearly all the cost of construction if the ballparks were built with private money instead of taxpayer money.
``The bottom line is that these new stadiums generate sufficient revenue to pay for themselves,'' Hadley said Wednesday. ``If the stadium pays for itself internally, that should be sufficient motivation for the owners to build it.''
``Amen,'' said Jerry Geisel of suburban Kettering, a Chicago Cubs' fan and season-ticket holder for the minor league Dayton Dragons. He opposes public financing of stadiums.
``It's a business,'' Geisel said.
The entire story:
| By eyleenn on Wednesday, March 24, 2004 - 10:59 pm:|
This study seems to assume that attendance would remain constant in the new stadiums. We've seen the reality -- if the team on the field sucks, no one will go see them.
| By jerryo1 on Friday, March 26, 2004 - 07:18 pm:|
I received this comic, from my friend "debbie_t", and felt that it was quite applicable to our situation here in Oakland.
| By bubba69 on Friday, March 26, 2004 - 07:24 pm:|
That is funny!
I think that's de la Fuentes down at the end! (the one with the sour puss)
| By bubba69 on Sunday, March 28, 2004 - 11:04 am:|
Lets see how SF does when Barry is no longer there!
| By tekgraf on Tuesday, March 30, 2004 - 08:13 pm:|
"I think that's de la Fuentes down at the end! (the one with the sour puss)"
Nah! He's too tall!
DLF is short and dumb looking. The guy above is taller and smarter.