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10-24-2012, 11:48 PM
johnjm22's Avatar
Join Date: Aug 2005
Location: Barstow, CA
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Originally Posted by GrigsAndGirgs View Post
Yes, the vast majority of studies have shown that sport teams contribute a slight net positive to the economy.
Hmmm. I don't know about that.

"Independent" studies released by groups trying to get public funding for such stadiums often rave about the potential economic impact, but often times the reality is much different.

Of course, every situation is unique, I think Staples Center in LA has been economically beneficial, but it's constantly being used; the same can't be said for most facilities.

Regardless of how you feel about his politics, John Stossel did an interesting segment on this issue:

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