Getting that fancy new sports stadium isn't always cheap, and sometimes the taxpayers are used to fill the gap. This .gif from Deadspin illustrates how that's been happening, well, pretty much forever. The animation runs from 1909-2012 and charts 186 stadiums. Sports fan or not, it's tough to watch.
The size of each icon illustrates the amount of money it took to build. The color illustrates where the money came from: red for private funds, blue for public, and hues of purple in between for a mix of both. The ghostly, faded-out icons are for stadiums that lost their team.
You might've figured, the public has been chipping in more dough than private investors. How much more? About $32.2 billion compared to $20.8 billion.
So I can reserve my local stadium for my own personal use then, right?
Oh this is such gasoline to pour on a fire and vent.
But I will not vent, but just say it is in parallel with is wrong with our government and ever escalating debt.
just pointing out...the canadian stadiums shouldnt be listed because any public/private money for them has nothing to do with American tax dollars.
On a positive note, I appreciate this article making this publicly aware so as our government make decisions to cut, slash and burn to balance our economy, lower the budget, this monies going to the stadiums could be reduce\stopped and allow these businesses to be self-supporting as they should be in a capitalistic business world.
Wow! I know the Saints haven't been much of a success over their 45ish years of existance but as a Who Dat, I can confidently say that they do exist in New Orleans still today. The Louisana (now Mercedes Benz) Superdome did not lose its team after Katrina. No really, it's true. We still have NFL football in that statium today... and college football too.
Categorical claims that public spending on stadiums is waste is foolish. I'd bet its a sound investment in infrastructure and local tourism for city and state governments. There's a lot of economic benefit to a city (new construction, new jobs, new hotels, new restaurants, new tourists), and you can bet they're charging the teams rent as well.
Your point is reasonable for something’s. The government has giving much money for the R&D of solar power, green energies and electric vehicles to help establish the viability and markets.
Still, there must be a point of time, when the government should tell the business sink or swim. If they don't they are just pouring money into a money pit.
But you know our government, they are happy to dump billions into sinking banks…
This kind of thing really annoys me. I already hate most athletics since they receive so much money and do so little good. We as the public should request that all of these wasteful constructions be turned into fusion reactor plants and have our electricity bills cut since we paid for the facilities in our taxes. Even if these things help by bringing in a little bit of income to the areas economy it doesn't justify the outspending on maintaining these buildings and the over all fact that not everyone uses these buildings but pays for them. The worst fact is that when they are shut down they are left unused and we are expected to pay for them to be torn down and at times rebuilt.
Examine the military budget next.
@ bsullivan; So then all the tax breaks we grant their products as incentive to multimillionaires in Canada mean nothing, the shared revenues mean nothing, and our public oversight in the leagues that we pay for means nothing and their stadiums would have been built anyway, even having those things we pay for as expenses. Nope. Even NFL Europe was being funded partially by the U.S. taxpayer, and it was only a tertiary relationship, whereas the Canadian stadiums you mention are part of the US leagues as primary Not For Profit franchisees. All members get something or other from us, and some, a lot more than we generally hear about.
If you pull up the governments website of our national debt and watch the countr rise super fast in real time. After a few moments you left with a sense of DOOM!
The drug is the self-interest of the politicians to preserve their own positions and the fear to make correct and less popular decisions for the people. Our founding government intends to be for the people have currently become an enemy to FREEDOM AND INDEPENCE for the people.
Our government now is a money pit, and unknowingly politically hurting its own people. Our government has lost its original emotional passion and roots of which it originally founded. ......... sad sigh.