Arena Stadium

Isn’t it great when sports owners announce upgrades to their arena while contributing little to nothing themselves?

In Utah, the Smith Entertainment Group owns the local NBA and NHL teams. In order for this group to get almost a billion dollars from taxpayers to pay for upgrades to the current arena, the Group pledged to pay $3B dollars of their own money on upgrading the arena and renovations outside the venue. Only problem? Nobody knows any details about this pledge to pay $3B dollars. Can he walk away from this? Is it…

Stadium

The Chicago Bears continue to meet with local officials and tell them absolutely nothing

The Chicago Bears also forgot to add in the multiple billions that taxpayer would owe for stadium and infrastructure costs. This means that taxpayers would likely be paying 70% of the cost, if not more. What about the other sports teams wanting billions for their own stadiums? If the team had somehow gotten this deal to go through, the bill for taxpayers could have been so much higher than what the team claimed.