Both bring more money into the city than they spend or they wouldn’t do it. The absurdity is that the billionaires would still build the stadiums and the money would still flow even if the cities refused to foot the bill. What blows my mind about the idea of a city paying every player on a team is that if the city is making enough in taxes to effectively DOUBLE the salaries of every player, then those same greedy billionaire owners can definitely afford to pay their players even more.
So not enough that cities have to subsidize stadiums, they have to subsidize player salaries too? 🤔
This is utterly paltry compared to the cost of a stadium, and the LV convention bureau is funded by a dedicated hotel occupancy tax, not the city
Eh, at least this is a marketing campaign. Not like the free tax giveaways with stadiums
Both bring more money into the city than they spend or they wouldn’t do it. The absurdity is that the billionaires would still build the stadiums and the money would still flow even if the cities refused to foot the bill. What blows my mind about the idea of a city paying every player on a team is that if the city is making enough in taxes to effectively DOUBLE the salaries of every player, then those same greedy billionaire owners can definitely afford to pay their players even more.
It has actually been shown that stadiums absolutely do not pay off for damn near any city that funds then with tax dollars.