Monday, 7 April 2008

where the money comes from

every year you always hear about a new stadium being made and all these new features and how its gonna benefit the people in some way or another. but where do these team owners get the money for stadiums whose payroll and marketing prices are through the roof. for the average Joe, taxpayer who probably doesn't even got to these sporting events more than twice a year. people who don't even watch spots have to suffer from their pockets to support some thing where they don't even know what is going on. never has so much public money gone for such little benefit for billionaires who don't need it. all these owners do is threaten the city with the thought of leaving the city and there they go right into the public money, taking every public dime to build their sky boxes and restaurants. for example the city of Seattle ponied up hundreds of millions of dollars for a stadium for Paul Allen (one of the five richest people in the world). public funding is totally unnecessary. teams can pay for their own stadiums and studies show that owners take better care of the stadiums when the money comes from their own pockets.besides there are now more than ever hundreds of revenue streams for sports teams.

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