Interest Rate Cuts Will ‘Benefit Everybody’ in Sports
[UPDATE: The Fed cut its benchmark interest rates by half a percentage point Wednesday afternoon, surpassing widespread expectations of a quarter-point…
stadium financing
Buffalo’s Home County to Issue ‘Bills Bonds’ for NFL Stadium
When it comes to the construction of the Buffalo Bills’ $1.7 billion new stadium, local officials are taking the concept of “public financing” to a new level. On…
How American Taxpayers Support Sports Teams and Athletes
The average American taxpayer may not realize it, but their dollars go toward funding the sports teams owned by billionaires. Taxpayer support of sports “is a…
Opinion
New Sports Investment Thinking Boosts Baseball, Retail in Midwest
Today’s guest columnist is Joshua Schaub, commissioner of the American Association of Professional Baseball, an MLB Partner League. In the evolution of sports…
Best Of 2023
State of NFL Stadiums: Smaller, Pricier, Busier Venues on the Way
The NFL season opens this week, and in a multi-part series, Sportico is examining one of the main components of ever-rising team valuations: the stadium. With the cost…
Opinion
Most Big-Ticket Sports Venues Play Host to Games, and Little Else
Since 1990 over $65 billion (in 2020 dollars) has been spent on stadium construction in North America’s “Big Five” sports leagues, with over $30 billion coming from…
Tax Money Has Left the Building in Grizzlies-Elvis Enterprises Dispute
Memphis is large enough for the Grizzlies and Graceland to coexist, but the two have been at odds over a possible arena that could rival the NBA team’s FedExForum…
Exclusive
Celtics Extend TD Garden Lease into 2036 with Bruins-Affiliated Delaware North
The Boston Celtics aren’t going anywhere. The franchise recently extended its lease into the year 2036 at TD Garden, where it has played since the building opened in…
Prolonged Period of Low Interest Rates to Impact Pro Sports Business
Last week, in the Federal Reserve’s final policy-setting meeting before the 2020 election, the U.S. central bank announced the benchmark federal funds rate would remain…
SoFi Stadium Business Suites Hint at the Future of Multi-Use Buildings
On fall Sundays sometime in the future, fans will show up on Sundays for Rams or Chargers games at Los Angeles’ SoFi Stadium. They might show up on a Tuesday, too. As…
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