Stadium

FIFA made $15B from this World Cup. Actual businesses near the matches? Not so much…

Now that the World Cup is over, I went looking to see how businesses did in host cities. FIFA made $15B in revenue from the current World Cup. That is a considerable amount of money to be taking in from this event. Surely the host cities will see some of that money, right? No, host cities get none of this money. Before I could even look into how local businesses did during the matches, I found FIFA continuing to do everything they could to make it seem like this event was a massive success for everyone involved.

Arena Ballpark Stadium

Buffalo is struggling to limit city leaders access to the luxury suites at the Bills new stadium

Last year, the Buffalo Bills beat the Pittsburgh Steelers in an AFC playoff game. The Governor of New York, Kathy Hochul, billed taxpayers for almost $600 worth of wine and a total bill that day of $1923 and change. As the Buffalo News reported, it would eventually come out that taxpayers had paid “more than $6300” for the governor to attend four different games. According to the state and county, this luxury suite is “meant to boost economic development.” I wish someone would explain to me how this happens…in any way, shape, or form. The spokesman for the governor…

Stadium

World Cup matches were going to cost Boston taxpayers virtually nothing…until now

Today, Boston 26 argues that the city is in “jeopardy” of losing the matches unless $20 million in taxpayer money is given to them. Keep in mind that Boston 26 was first trying to demand almost $40 million but they have since brought that down to $20 million mark. But didn't Boston 26 say they wouldn't ask taxpayers for help? That everything was already in place?

Stadium

The World Cup is going to make everyone billions and billions of dollars

Mexico, the United States, and Canada will jointly host the 2026 World Cup. As the event approaches, cities are getting prepared for the upcoming games. It is rather surprising to see how different cities are reacting to the World Cup approaching. Some cities are outraged at the rising costs, some cities are falling in love with their economic impact projections, and some are just happy to have the games coming to their city. Unfortunately, some cities now realize that the expense of staging these games can massively outweigh the so-called benefits. Most leaders in host cities do not fully…

Stadium

Las Vegas Raiders embarrass themselves with $2.3 billion economic impact claim

There are so many things that annoy me about the Las Vegas Raiders owner, Mark Davis. He is the type of person who gets $750 million from taxpayers yet still charges taxpayers almost $700,000 to renovate his never-been-used-before stadium suite. Mark Davis comes off as the type that thinks it is hilarious to fleece taxpayers for almost a billion dollars and then spend $14 million building a mansion that looks like the stadium that taxpayers paid for.