Reason TV — Why Stadium Subsidies Always Win: Q&A with J.C. Bradbury

Local municipalities often dump significant resources into funding sports stadiums in the hopes of attracting economic benefits from additional tourism. Despite criticism from nearly every economist, economic impact reports are designed and pitched to citizens as the justification for subsidizing sports teams. In this interview, JC Bradbury discusses the counterfactual of tourists’ true impact and how these stadiums continue to be funded.

If you’d like more to read more about sports stadiums and funding, check out Field of Schemes.

2018 0

Tampa ABC — Rays Looking for New Stadium

When teams request public funding for new stadiums, they often do so with the threat of relocating to a city that is eager for a team. These credible threats must be without a team (either never having one or recently lost one) and are willing to put up the money to support a team. With a credible threat in place, host cities are often left with the option of paying large public subsidies.

2018 0

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