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:
“The one regret I have about my own abortions is that they cost money that might otherwise have been spent on something more pleasurable, like taking the kids to movies and theme parks.”
—Barbara Ehrenreich (b. 1941)
“It may cost me twenty thousand francs; but for twenty thousand francs, I will have the right to rail against the iniquity of humanity, and to devote to it my eternal hatred.”
—Molière [Jean Baptiste Poquelin] (1622–1673)
“Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.”
—Samuel Johnson (1709–1784)