New Jersey leaders tried to hide FIFA expenses while also promoting economical benefits that don’t actually exist

Recently, I saw an article in the New Jersey Monitor (Monitor) discussing some people's frustration hosting World Cup matches thanks to FIFA's ever-growing list of demands and expenses. Even though taxpayers were “promised a major jolt to our economy,” the matches have instead been a financial drain on local resources. Let's go back for a second. Last year, FIFA announced New Jersey/New York as the host for several World Cup matches and the title match.…

The Arizona Cardinals owner, Michael Bidwill, continues to price out fans and ruin any goodwill left

I won't make this that long of a story. I saw an Arizona Republic story about the Arizona Cardinals owner, Michael Bidwill, and his continued actions to price out any fan who isn't a substantial millionaire. Theo Mackie wrote an interesting piece recently about how miserable this season was for everyone involved with the Cardinals and their 3-14 NFL record. Most owners would be trying to do whatever they can to get as many fans…

After being told that a Final Four would bring trillions to the area, the city of Glendale accepts that they made almost nothing off it

Around 2010, the NCAA told Final Four host cities to generally expect an economic boost between $70 and $200 million. Last year, Glendale, Arizona was told that it could make $270 million dollars in economic impact from hosting a Final Four event in 2024. This year, some groups mentioned the possibility of the state making an impact between $250-$300 million from the Final Four. Others believed it was possibly for the state to bring in…

The Super Bowl continues to suck cities in with false promises of economic glory

Did you hear? Santa Clara found $240 million dollars in their bank account! Wait, no. Santa Clara was given $240 million dollars by the NFL! No, that isn't right either. Ok, I got it this time. In 2016, the San Francisco 49ers released a statement claiming that the city of Santa Clara and San Francisco (SC/SF) saw a “net positive economic impact … of at least $240 million”. This came from a so-called “independent study”…