Mega Billions a lot of dough. Is how much money the NFL league
takes from taxpayers. We are talking TRILLIONS when you include other sport
venues i.e. basketball, baseball and other sports that require stadiums.
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The Chargers want $350 million from the city of San Diego
to build a
new, $1 billion stadium downtown, and they
think they’re being reasonable
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Fox
Sports Taxpayers have spent a staggering
amount of money on NFL stadiums in the last 20 years reported in March that taxpayers have spent a mind-blowing amount
of money to help fund the building of new football stadiums in the past two
decades, and we’re not talking peanuts — we’re talking in the billions of
dollars of public funds.
Cory Booker, D-N.J. “There’s no reason why
we should give these multimillion-dollar businesses a federal tax break to
build new stadiums. It’s not fair to finance these expensive projects on the
backs of taxpayers, especially when wealthy teams end up reaping most of the benefits,”
he said in a statement.
Fox reported that
over the last 20 years, taxpayers have spent more than $7 billion nationwide to
build or revamp NFL stadiums, amounting to roughly 46 percent of the costs of
the projects.
Sports Business Journal reported that the NFL will rake
in about $14 billion in revenue this season, a number that seems to suggest
that the league does not need one cent of taxpayer money.
Spreadsheet original post: https://docs.google.com/spreadsheets/u/0/
The news outlet also provided this spreadsheet of costs that broke down the costs by
individual team and noted that it was not complete because it did not factor in
how much it costs the public to run a stadium on game days and it did not
include the value of tax breaks given to NFL teams.
