Financing Ballparks of Today.

Date Submitted: 11/27/2001 14:49:51
Category: / Business & Economy
Length: 22 pages (5979 words)
The love affair between the American public and professional sports dates back more than 100 years, to the origins of major league baseball. Although rocky at times, professional sports enjoy a special relationship between fans and their teams that has prevailed through many a heartbreak. At no time in history, however, has the mood been altered so dramatically as in recent years when the "business" of sports infiltrated the game. Loyalty is waning as fans express …
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…debate on the public financing of stadiums will continue. Appendix A Financing Professional Sports Facilities Notes 1.Tushar Atre, Kristine Auns, Kurt Badenhausen, Kevin McAuliffe, Christopher Niklov and Michael K. Ozanian, "Sports: The High Stakes Game of Team Ownership," Financial World, May 20, 1996, 55. [back] 2.Robert A. Baade, Stadiums, Professional Sports, and Economic Development: Assessing the Reality (Detroit, Mich.: The Heartland Institute, 1994). Dean V. Baim, Sports Stadiums as "Wise Investments": an Evaluation (Detroit, Mich.: The Heartland Institute, 1990). [back]
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