Demolishing Sports Welfare. Daniel McGraw.
by McGraw, Daniel; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 55Institutions. Publisher: Reason, 2005ISSN: 1522-3256;.Subject(s): Actions and defenses | Baseball teams | Eminent domain | Finance -- Public | Football teams | Professional sports | Public spaces | StadiumsDDC classification: 050 Summary: "From 1990 to 2003 there were 66 major construction and renovation projects for professional sports stadiums and arenas in the U.S., costing $17.3 billion, according to the League of Fans, a sports welfare watchdog group founded by Ralph Nader. Sixty percent of the funding, or an estimated $10.3 billion, came from the public purse. With the economy and stock market no longer booming, and with the public becoming more skeptical about the rosy economic claims of billionaire team owners, the era of easy money already was drawing to a close. Now the two court cases are poised to determine whether the fund-raising tactics of professional sports teams and their local boosters are even legal." (REASON) This article examines how two court cases being reviewed in 2005 "could mean the end of publicly funded stadiums."| Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2006 Institutions Article 55 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2006.
Originally Published: Demolishing Sports Welfare, May 2005; pp. 32-38.
"From 1990 to 2003 there were 66 major construction and renovation projects for professional sports stadiums and arenas in the U.S., costing $17.3 billion, according to the League of Fans, a sports welfare watchdog group founded by Ralph Nader. Sixty percent of the funding, or an estimated $10.3 billion, came from the public purse. With the economy and stock market no longer booming, and with the public becoming more skeptical about the rosy economic claims of billionaire team owners, the era of easy money already was drawing to a close. Now the two court cases are poised to determine whether the fund-raising tactics of professional sports teams and their local boosters are even legal." (REASON) This article examines how two court cases being reviewed in 2005 "could mean the end of publicly funded stadiums."
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