#SelltheStadium In the News...

As COVID-19 Closes Stadiums, Municipalities Struggle with Billions in Debt

June 4, 2020

"Two decades of using borrowed money to pay for new stadiums is coming back to haunt many cities across the country." Continue reading here.

Publicly Funded Stadiums a Drain on Taxpayers

January 1, 2020

"'If you build it, they will come' may be an iconic movie line, but it makes for poor public policy. It is basically what big-league or even minor-league teams promise city, county, and state leaders to persuade them to use public funds to build stadiums and athletic complexes. Continue reading here.

County Should Explore Selling Paul Brown Stadium

October 23, 2019

"When it comes to the Cincinnati Bengals’ lease with Hamilton County of Paul Brown Stadium, the county should look at an unusual option – finding a buyer for the stadium that would take over the county’s lease obligations and attempt to operate it at a profit, according to a candidate for county commission." Continue reading here.

Use of Taxpayer Money for Pro-Sports Arenas Draws Fresh Scrutiny

March 8, 2015

"For decades, cities and states have wooed sports teams through hefty subsidies for new arenas and stadiums, sums that have grown along with the facilities’ price tags—despite the howls of economists who deem them a poor use of public money." Continue reading here.

A Stadium's Costly Legacy Throws Taxpayers for a Loss

July 12, 2011

"Here in Hamilton County, where one in seven people lives beneath the poverty line and budget cuts have left gaps in the schools and sheriffs department, residents are bracing for more belt-tightening: rollback of a property-tax break promised as part of a 1996 plan to entice voters to pay for two new stadiums.The tax hit is just the latest in a string of unforeseen consequences from what has turned into one of the worst professional sports deals ever struck by a local government—soaking up unprecedented tax dollars..." Continue reading here.

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