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50 sats \ 2 replies \ @Undisciplined 16 Mar \ parent \ on: Stacker Sports- Day 102- Poll day Stacker_Sports
They do big events at football stadiums, like auto shows.
To my knowledge, there has not been one study showing a publicly funded stadium or arena having a positive ROI. They always either fail to find an effect or more often find a net loss to the local economy.
Probably why we are seeing the trend of newer stadiums/arenas being part of a broader development plan with restaurants, shops, residential.
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Those studies were also all done before this huge collapse in commercial real estate. The value proposition might be very different than it used to be.
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