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Fitbud Offline
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Post: #31
RE: Baseball Stadium Costs
(06-01-2013 12:52 AM)mistabinks Wrote:  
(05-31-2013 11:42 PM)Fitbud Wrote:  
(05-31-2013 04:30 PM)mistabinks Wrote:  Or most progressive Cities know MiLB is vital to booming downtown and quality of life. Apple to apple.

And you would be incorrect. Even the Brookings Institute has released reports that show that sports stadiums in downtown cities do not have any significant economic impact.

In our forthcoming Brookings book, Sports, Jobs, and Taxes, we and 15 collaborators examine the local economic development argument from all angles: case studies of the effect of specific facilities, as well as comparisons among cities and even neighborhoods that have and have not sunk hundreds of millions of dollars into sports development. In every case, the conclusions are the same. A new sports facility has an extremely small (perhaps even negative) effect on overall economic activity and employment. No recent facility appears to have earned anything approaching a reasonable return on investment. No recent facility has been self-financing in terms of its impact on net tax revenues. Regardless of whether the unit of analysis is a local neighborhood, a city, or an entire metropolitan area, the economic benefits of sports facilities are de minimus.

http://www.brookings.edu/research/articl...taxes-noll

Well, we have been through this before. The naysayers cling to that study as I have seen it on a few other forums as well.

Sometimes you just have to take a step back and look at the sources. Myself, I don't think a baseball stadium on it's own is going to revitalize any downtown. So you can take a study, like the above, and crunch the very specific numbers.

Let's look at El Paso for example. The City is going to own the stadium. MountainStar is going to own the team. A lot of naysayers are fundamentally wrong when they start preaching numbers. The City is not going to get 52 million dollars back from baseball. So in number form, you can say this is a money loser. The stadium could be sold out every single night and it wouldn't benefit "the City" because MountainStar owns the team and keeps the profits (which they will be donating).

It is about the things the very specific numbers don't show. But we have already talked about this before.

Yes, we have been over this before. There's the brooking institute and countless other studies. And then their's your theory.

Hey but don't let the facts distract you from that. LOL
06-01-2013 10:10 AM
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Messages In This Thread
Baseball Stadium Costs - mistabinks - 05-24-2013, 12:07 PM
RE: Baseball Stadium Costs - zyxwvutsru - 05-24-2013, 03:18 PM
RE: Baseball Stadium Costs - RUNVSFD MINER - 05-25-2013, 10:01 PM
RE: Baseball Stadium Costs - Fitbud - 05-27-2013, 01:48 PM
RE: Baseball Stadium Costs - randaddyminer - 05-27-2013, 02:30 PM
RE: Baseball Stadium Costs - Fitbud - 05-28-2013, 10:12 AM
RE: Baseball Stadium Costs - randaddyminer - 05-28-2013, 01:12 PM
RE: Baseball Stadium Costs - Fitbud - 05-29-2013, 12:22 AM
Latest on stadium - Fitbud - 05-29-2013, 12:28 AM
RE: Latest on stadium - randaddyminer - 05-29-2013, 04:21 AM
RE: Baseball Stadium Costs - randaddyminer - 05-29-2013, 04:26 AM
RE: Baseball Stadium Costs - mistabinks - 05-29-2013, 08:59 AM
RE: Latest on stadium - mistabinks - 05-29-2013, 09:46 AM
RE: Latest on stadium - RUNVSFD MINER - 05-29-2013, 07:43 PM
RE: Latest on stadium - Fitbud - 05-30-2013, 12:25 AM
RE: Baseball Stadium Costs - Fitbud - 05-30-2013, 12:44 AM
RE: Baseball Stadium Costs - mistabinks - 05-30-2013, 08:37 AM
RE: Latest on stadium - mistabinks - 05-30-2013, 09:05 AM
RE: Baseball Stadium Costs - randaddyminer - 05-30-2013, 10:07 AM
RE: Latest on stadium - RUNVSFD MINER - 05-30-2013, 11:22 PM
RE: Latest on stadium - Fitbud - 05-31-2013, 12:47 AM
RE: Latest on stadium - Fitbud - 05-31-2013, 12:53 AM
RE: Baseball Stadium Costs - Fitbud - 05-31-2013, 12:59 AM
RE: Latest on stadium - RUNVSFD MINER - 05-31-2013, 01:04 AM
RE: Latest on stadium - mistabinks - 05-31-2013, 04:28 PM
RE: Baseball Stadium Costs - mistabinks - 05-31-2013, 04:30 PM
RE: Baseball Stadium Costs - Fitbud - 05-31-2013, 11:42 PM
RE: Latest on stadium - Fitbud - 05-31-2013, 11:44 PM
RE: Latest on stadium - mistabinks - 06-01-2013, 12:46 AM
RE: Baseball Stadium Costs - mistabinks - 06-01-2013, 12:52 AM
RE: Baseball Stadium Costs - Fitbud - 06-01-2013 10:10 AM
RE: Latest on stadium - Fitbud - 06-01-2013, 10:19 AM
RE: Latest on stadium - mistabinks - 06-01-2013, 11:12 AM
RE: Baseball Stadium Costs - mistabinks - 06-01-2013, 11:21 AM
RE: Baseball Stadium Costs - Fitbud - 06-01-2013, 03:15 PM
RE: Latest on stadium - Fitbud - 06-01-2013, 03:17 PM
RE: Baseball Stadium Costs - mistabinks - 06-01-2013, 06:20 PM
RE: Latest on stadium - mistabinks - 06-01-2013, 06:22 PM
RE: Latest on stadium - Fitbud - 06-02-2013, 11:50 AM
RE: Baseball Stadium Costs - Fitbud - 06-02-2013, 11:51 AM
El Paso will pay Diablos $300,000 - Fitbud - 06-02-2013, 12:28 PM
RE: Baseball Stadium Costs - RUNVSFD MINER - 06-02-2013, 04:38 PM
RE: Latest on stadium - RUNVSFD MINER - 06-02-2013, 04:46 PM
RE: Latest on stadium - mistabinks - 06-02-2013, 05:16 PM
RE: Baseball Stadium Costs - mistabinks - 06-02-2013, 05:19 PM
RE: Baseball Stadium Costs - Fitbud - 06-03-2013, 11:56 PM
RE: Baseball Stadium Costs - Fitbud - 06-03-2013, 11:59 PM
RE: Latest on stadium - Fitbud - 06-04-2013, 12:03 AM
RE: Latest on stadium - mistabinks - 06-04-2013, 12:16 AM
RE: Baseball Stadium Costs - mistabinks - 06-04-2013, 12:25 AM
RE: Baseball Stadium Costs - RUNVSFD MINER - 06-05-2013, 01:42 AM
RE: Baseball Stadium Costs - Fitbud - 06-06-2013, 11:39 PM
RE: Latest on stadium - Fitbud - 06-07-2013, 12:01 AM
RE: Latest on stadium - mistabinks - 06-07-2013, 01:08 AM
RE: Baseball Stadium Costs - mistabinks - 06-07-2013, 01:27 AM
RE: Baseball Stadium Costs - Fitbud - 06-08-2013, 01:25 PM
RE: Latest on stadium - Fitbud - 06-08-2013, 01:27 PM
RE: Latest on stadium - mistabinks - 06-08-2013, 04:36 PM
RE: Baseball Stadium Costs - RUNVSFD MINER - 06-08-2013, 05:20 PM
RE: Baseball Stadium Costs - Fitbud - 06-09-2013, 09:58 AM
RE: Latest on stadium - Fitbud - 06-09-2013, 10:04 AM
RE: Baseball Stadium Costs - randaddyminer - 06-09-2013, 12:21 PM
RE: Baseball Stadium Costs - RUNVSFD MINER - 06-09-2013, 05:42 PM
RE: Baseball Stadium Costs - mistabinks - 06-09-2013, 06:25 PM
RE: Latest on stadium - mistabinks - 06-09-2013, 06:37 PM
RE: Latest on stadium - Fitbud - 06-09-2013, 11:23 PM
RE: Baseball Stadium Costs - Fitbud - 06-09-2013, 11:38 PM
RE: Baseball Stadium Costs - randaddyminer - 06-10-2013, 12:24 PM
RE: Baseball Stadium Costs - mistabinks - 06-10-2013, 01:53 PM
RE: Latest on stadium - mistabinks - 06-10-2013, 02:18 PM
RE: Latest on stadium - Fitbud - 06-11-2013, 02:16 PM
RE: Latest on stadium - mistabinks - 06-11-2013, 03:29 PM
RE: Latest on stadium - Fitbud - 06-11-2013, 04:10 PM
RE: Baseball Stadium Costs - Fitbud - 06-11-2013, 04:14 PM
RE: Baseball Stadium Costs - mistabinks - 06-11-2013, 07:43 PM
RE: Latest on stadium - mistabinks - 06-11-2013, 07:44 PM
RE: Latest on stadium - Fitbud - 06-13-2013, 12:43 AM
RE: Baseball Stadium Costs - Fitbud - 06-13-2013, 12:46 AM
RE: Baseball Stadium Costs - mistabinks - 06-13-2013, 11:21 AM
RE: Latest on stadium - mistabinks - 06-13-2013, 11:29 AM
RE: Latest on stadium - Fitbud - 06-13-2013, 07:13 PM
RE: Baseball Stadium Costs - Fitbud - 06-13-2013, 07:15 PM
RE: Baseball Stadium Costs - randaddyminer - 06-13-2013, 10:31 PM
RE: Latest on stadium - RUNVSFD MINER - 06-13-2013, 11:11 PM
RE: Latest on stadium - mistabinks - 06-13-2013, 11:53 PM
RE: Baseball Stadium Costs - mistabinks - 06-13-2013, 11:58 PM
RE: Baseball Stadium Costs - Fitbud - 06-14-2013, 12:16 AM
RE: Latest on stadium - Fitbud - 06-14-2013, 12:18 AM
RE: Latest on stadium - Fitbud - 06-14-2013, 12:19 AM
RE: Baseball Stadium Costs - mistabinks - 06-14-2013, 12:39 AM
RE: Latest on stadium - mistabinks - 06-14-2013, 04:30 AM



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