Stadium

Barely a decade after the Minnesota Vikings got their new stadium, they want a yearly source of taxpayer money for whatever they desire

All the economic activity promises made by the Minnesota Vikings, when they were negotiating for a new stadium, have been completely incorrect. The mayor of Minneapolis made a public spectacle of how the Vikings new stadium had "encouraged Wells Fargo to relocate 5,000 jobs" near the venue. The relocation of these employees preceded the announcement of the new stadium deal. Therefore, no new jobs were being created from the creation of this new stadium. The Governor…

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…