Stadiums : Stadiums And Stadiums

1587 WordsNov 9, 20167 Pages
Stadiums have evolved from wooden grandstands surrounding the playing field, to cookie cutter stadiums, to the massive luxurious attractions we see today. Stadiums are no longer simply a place where fans come to watch a game, but are “one-stop shops where fans can buy food, alcohol, and souvenirs. Owners want their stadiums to be state-of-the-art with all the amenities and with the most luxury suites as possible” (Johnson). The issue with stadiums in today’s sporting world is not the size or cost it takes to go attend a game, it is the price of building the stadium itself. Statistics show that since 1990, ninety-five new facilities have been built, or are in the planning stages, with more than $21.7 billion being spent on these projects (Johnson). The price of building a luxurious stadium to keep up and outdo other teams is increasing and the cost of building that stadium has risen. Owners are turning to the public to help offset the enormous cost of building and maintain stadiums. Stadiums are reaching costs near $2 billion dollars and owners are reluctant to pay the cost to build lavish stadiums. When the public, taxpayers and local economies fund stadiums never reciprocate the money they put into building the stadium, and it hurts the local taxpayer. For more than 50 years, public revenue sources from local, county, and state governments have played a major role in constructing and operating sport facilities for many programs. The financing for these facilities often

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