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Buffalo Billions

Today, Explained

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The Burden of Publicly Funded Stadiums

This chapter investigates the financial dynamics behind publicly funded stadiums in the U.S., focusing on the changing relationships between professional sports teams and local governments. It critiques the effectiveness of public funding models, highlighting the limited economic return for cities and the substantial costs they bear. The discussion also references case studies, including Buffalo and Oakland, to illustrate the ongoing challenges and failures associated with stadium financing.

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