Citing Nashville, Austin, Kalamazoo Sounds Like a Bluff
When you cite Nashville, Austin and Kalamazoo as the relocation options, it sure sounds like you're bluffing. https://t.co/Slfll89Zsu
Community Leaders' "Economic Impact" Numbers Are Usually Fabricated
I often wonder why there hasn't been a big journalistic expose on the ridiculousness of these "economic impact" figures that community leaders trot out. I'm not aware of a single case where the presented numbers weren't totally made-up nonsense. It's...
Whitecaps' Financial Claims Are Propaganda, Not Reality
This is team propaganda, not a realistic description of the Whitecap's financial state. How do the owners expect to sell a team for $500 million if they've really lost this much money? Answer: The team isn't losing money. https://t.co/HqgizikrRz
Teams Dodge Voter Votes on Stadium Subsidies, Rely on Politicians
The reason why teams don't want their stadium subsidies decided directly by voters is that citizens don't support them. A majority of the electorate won't fit in the owner's box, but there's enough room for state and local representatives. https://t.co/ts0XFcpKZ3
Sports Event Fails to Deliver Promised Economic Boost
What? You're telling me that a sports event isn't living up to the economic hype promoted by the event promoters? https://t.co/CYCZ6Vetfe
Ohio Taps Gambling Taxes to Fund Billionaire Browns Stadium
So, Ohio's Plan B to hand over $600 million in public money for the new Browns stadium is to get it from gambling receipts. In other words, have poor people pay for the Haslam's (net worth ~$10 billion) new luxury...
Stadiums Boost Owner Cash, Not Fantasy Budgets
No, this isn't how this works. New stadiums don't enlarge your budget for your fantasy roster, it generates cold hard cash for the owner. Owners don't lack credit: if winning boosts profits, they'll invest in the roster. A new stadium...
Battery Research Is a Curated, Limited Narrative
Apparently, a decade of very public research and writing about The Battery is a small sample size curated to fit a narrative. I literally posted a video. https://t.co/GvQsyGRcx4
Super Bowl Sites Reward Officials Who Channel Public Funds
Super Bowl site selection isn't about the best location, it's done to reward local officials who worked to funnel taxpayer dollars to the NFL. https://t.co/SsqBmFSW7p
Stadium Subsidies Are Never Free, Always Taxpayer Money
There's no such thing as found public money. Government stadium contributions are a cost to taxpayer, no matter what funding bucket they come out of. https://t.co/NrhB9uMpAT
Taxpayers Foot $900M, Not Haslams' Two‑thirds.
Ugh, this framing: the Haslams are "providing nearly two-thirds of he funding"? How about reporting taxpayers covering nearly $1 billion of the cost, which is the relevant figure ($900 million and the team is seeking more). Don't do this. https://t.co/S4kwp85tJp
Portland Stands Out as MLB’s only Viable Expansion City
IMO, only Portland is a real MLB expansion candidate. Others are too small (Raleigh, SLC), lack credible local backers (Orlando, Sacramento, Vancouver), financially tapped out (Nashville, Charlotte), or have baggage (Montreal, Oakland). I doubt expansion happens under Manfred.
Taxpayers Face Extra $300M Bailout for Titans Stadium
Surprise, the $1.26 billion in taxpayer money going to build the Titans stadium isn't enough. Now $300 million of tax revenue is needed to bail out the development...which is supposed to self-fund the stadium. If only someone had warned them.🤔...
Public Stadium Costs Always Climb, Warns Bradbury
Bradbury's iron law of stadium finance: the cost of a publicly funded stadium only goes up.
Governor Kelly Condemns False Promises While Peddling Her Own
Oh, the irony of Governor Kelly calling out anyone else for making "false promises," after she backed a billionaire stadium giveaway based on her own *false promises* of economic returns. https://t.co/F1J2LHZ4fH