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March 31, 2006

Ballpark figures

ballparkfigures.gifSports economists agree that cities--and taxpayers--get close to nothing from spending public money on sports teams. What they haven't figured out is why we're still doing it.

The Boston Globe
By Drake Bennett

Cities continue to spend millions of dollars to build new sports venues, though the economic impact is dubious. This is a must-read article for those who are trying to understand how these sports venue deals are sold to the public.

article

Posted by lumi at March 31, 2006 9:07 AM