Bidding groups from Charlotte and Raleigh are hoping to snag a new Major League Soccer franchise when the MLS expands. JLF’s Julie Tisdale compares the two bids here. But importantly,…
Julie Tisdale, in her newest report on competing bids to bring Major League Soccer to North Carolina, highlights one of the big mistakes people make when considering buildings, roads, and…
This morning, Mecklenburg County Commissioners voted 5-4 to spend millions of dollars of taxpayers’ money to subsidize a very wealthy family’s pursuit of a potentially extremely lucrative professional soccer team. The…
It’s not often I agree with anything Richard Sherman says. Or does. To say I’m not a Richard Sherman fan is to dramatically understate the fact. But last week he…
As the Richmond Times-Dispatch reports, a bidding war seems to on the verge of braking out between Maryland, Virginia, and the District of Columbia over the site of a new…
Click here for the animated infographic “Who pays for stadiums?: 1909-2012.” It was done by Deadspin.com. Here’s an excerpt: Public financing of stadiums for private teams is common enough now…
I just thought I’d add to our discussion of the Charlotte City Council’s closed-door, screw-you-taxpayers, cronyistic stadium deal for the Great Pro Football Franchise That Is Too Big to Fail,…
As the headline to this Businessweek story says: It Pays To Move. The Rams may head back to Los Angeles and in the story, there is unsettling financial data about…
Winston-Salem is looking to spend $29 million on a downtown minor-league baseball stadium. Part of that money will be repaid via a $1 ticket surcharge the team owner will levy…
Suprise, suprise. The Charlotte Chamber of Commerce is touting a survey that finds “overwhelming” support for an Uptown baseball stadium. Wonder if that survey mentions that the baseball stadium will…
For a look at how stadiums hold no promise for economic development, you need only look at the stories of publicly funded ballparks in Seattle and Denver to learn that…