Ballpark

10 years ago, Biloxi, Mississippi built a new ballpark and promised economic home-runs

The ballpark was to be built for the Biloxi Shuckers, the Class AA affiliate of the Milwaukee Brewers. In 2015, the city spent $36 million to build a new ballpark. Mississippi Gov. Phil Bryant claimed the new ballpark “would be an economic development driver for the area”. A local foundation estimated that this new ballpark would result in “an additional $10 million annually in visitor spending”. As AL.com notes, the ballpark came with a “promise of home runs inside and outside the stadium”.

Arena

The Sacramento Kings arena has revenue questions both for today and in the future

Sacramento's debt manager recently announced that at the end of 2024, a city assessment will need to be done to figure out how the city will pay off the arena's bond debt. The city may be forced to dip into their general fund to pay off the bonds that are due. Similar to what the city had to do in 2021-2022 when arena revenues were again down to a point where the revenues did not pay off the yearly bond payment.