Speaking of stadiums, a critical look at the monument-building obsession of the NFL – and how the bill is foist upon those who can least afford it:

The most comprehensive study done on the economic implications of sports stadiums found that they do little to bolster local economies. In some cases, local economies actually shrank. In a 30-year study of 37 metropolitan areas with pro sports franchises, sports economists found that the real per capita income of city residents decreased on average after the construction of a new stadium.

In 2011, The Wall Street Journal revealed that Hamilton County, Ohio, was still devoting 16 percent of its annual budget to pay off the public financing of the Cincinnati Bengals’ Paul Brown Stadium a full 10 years after it had been built.

 

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