The brooklyn arena is the first deliverable of a planned four point nine billion dollar project that's supposed to eventually have 17 structures. The atlantic yards project received upwards of 300 million dollars in public funds and subsidies from the state and the city. So you have a public investment on the one hand, that is eight, eight or 900 million dollars. What do you do then, with this massive investment you've made?
The Buffalo Bills are set to receive a record-breaking $850 million in public funds to build a new stadium — even though they’re owned by a fracking billionaire. An economist explains whether publicly funded stadiums ever work out in the public’s favor.
This episode was produced by Hady Mawajdeh, engineered by Paul Mounsey, fact-checked by Laura Bullard and Matt Collette, and edited by Sean Rameswaram, who also hosted.
Transcript at vox.com/todayexplained
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