Cost
In 2013, major sports stadiums cost several hundred million dollars or more. In densely populated areas, the sports team often spends the highest proportion in building a stadium. In less desirable areas, the cost is mostly born by taxpayers. Judith Grant Long reported, "the general consensus amongst economists, is that not a good investment, simply because they don’t create enough net economic benefits in the way of job creation or tax revenues to warrant the scale of the investment.”
Read more about this topic: List Of American Football Stadiums By Capacity
Famous quotes containing the word cost:
“I knew that the wall was the main thing in Quebec, and had cost a great deal of money.... In fact, these are the only remarkable walls we have in North America, though we have a good deal of Virginia fence, it is true.”
—Henry David Thoreau (1817–1862)
“How much would it cost you to stand at the wrong end of a shooting gallery?”
—S.J. Perelman, U.S. screenwriter, Bert Kalmar, Harry Ruby, and Norman Z. McLeod. Groucho Marx, Horsefeathers, Huxley College president to con artist Baravelli (Chico Marx)
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—Ralph Waldo Emerson (1803–1882)