Study: Taxpayer-Backed NBA Arenas Don?t Help Local Economies

Over the last few decades, sports franchise owners have been hugely successful in convincing governments to give them money in the form of taxpayer-funded stadiums and arenas. A favored approach is to threaten to pull up stakes and move a team, and its attendant economic benefits, to another city.
American Airlines Arena, home of the NBA-champion [...]

Source: http://streetsblog.net/2012/08/10/study-taxpayer-backed-nba-arenas-dont-help-local-economies/

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