Tag: Arizona Coyotes

Arena Ballpark Stadium

Does your sports team need help convincing the public to give the team billions of taxpayer dollars? Call the Seidman Research Institute

The Phoenix Business Journal wrote a story on a recently released study by the Seidman Research Institute that discussed how a women's final four tournament held in the area generated a huge economic impact for the state of Arizona. Apparently, this tournament created $42.2 million for Arizona's Gross Domestic Product for Phoenix, while the State of Arizona saw a $71.5 million overall impact. However, the report appears to be missing a lot of information. The report admits to JUST using “new dollars” that Arizona may have received during the tournament. What about expenses? What about the substitute effect? Or…

William Neilson Jr.
Stadium

Carolina Panthers officials swear their economic impact numbers are real, they just can’t prove it

Several weeks ago, the Carolina Panthers were given $650 million by the city of Charlotte to renovate their current NFL stadium. Nevermind that the Panthers owner has a less-than-perfect history of following through on commitments (then refuses to talk about it publicly). Nevermind that he is one of the richest men in the entire world. Maybe one of the worst owners too, but that is for another time. Anyway, since the deal was approved several weeks ago, some city leaders have been getting public pushback on their approval of it. This was the biggest public investment in Charlotte's history.…

William Neilson Jr.
Stadium

How dare the city of Chicago ask the Bears to pay property taxes like everyone else

The Chicago Bears publicly admitted to buying land in nearby Arlington Heights to likely build a new stadium. However, it appears that a Chicago (technically Cook County) assessor is now holding the Bears accountable for future property taxes on this land. The county assessor raised the property tax value of this land by six times (applies to tax year 2022 and beyond), and that does not even include the construction that will be done.

William Neilson Jr.