No New Taxes: Cities Seeking New Soccer-Specific Stadiums Exhibit Similar PR, Financial Tactics - News Summed Up

No New Taxes: Cities Seeking New Soccer-Specific Stadiums Exhibit Similar PR, Financial Tactics


In jockeying for Major League Soccer retention and inclusion, numerous cities in recent weeks have echoed a similar mantra. Additionally, many of those studies did not account for the non-monetary benefits associated with securing an additional local sports teams (e.g. While there will be public funding contributed to the project, there are no new general taxes being proposed. Among the more notable examples from the last 20 years include Busch Stadium (MLB’s St. Louis Cardinals), Gillette Stadium (NFL’s New England Patriots), and AT&T Park in San Francisco (MLB’s San Francisco Giants). In short, as we watch Columbus, Austin and St. Louis make stadium proposals in the last several weeks, there is a common theme among all their pitches.


Source: Forbes December 21, 2018 05:03 UTC



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