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Nov 2018 | High Priorities for 2019

PUBLIC FUNDING FOR SPORTS FACILITIES: DETERMINING THE COSTS & BENEFITS
WILLIAM KLUSKA, PSD RESEARCH

Public funding for professional athletic complexes is an often debated and contentious topic. When any community has considered providing public funds for a sports complex, media outlets traditionally run rampant with opinions and articles suggesting the economic perils of such an endeavour. Opposition opinion pieces are warranted in many situations where public funds are being offered for stadium construction. Historically, sports franchises have threatened to relocate to distant cities in order to force governments into funding all or most of the reconstruction projects.

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