Via Bloomberg: "Oakland Pays $17 Million for NFL Raiders as Cops Fired"
http://www.bloomberg.com/news/2012-...-million-for-nfl-raiders-as-cops-get-cut.html
I find this an interesting topic. I never really supported the public financing of stadiums, etc. I understand they bring business to the cities, etc., but I think there is a better way to go about it. Major cities should sign agreement to unilaterally not offer such money to professional teams. The teams aren't going to go anywhere in that case- they will stick with the biggest and best markets. Right now the problem is basically cities are in a position to bid against each other. I don't know if my solution is logistically realistic, but it's an idea.
http://www.bloomberg.com/news/2012-...-million-for-nfl-raiders-as-cops-get-cut.html
I find this an interesting topic. I never really supported the public financing of stadiums, etc. I understand they bring business to the cities, etc., but I think there is a better way to go about it. Major cities should sign agreement to unilaterally not offer such money to professional teams. The teams aren't going to go anywhere in that case- they will stick with the biggest and best markets. Right now the problem is basically cities are in a position to bid against each other. I don't know if my solution is logistically realistic, but it's an idea.