Does hosting a major sports team have benefits? Although public subsidies for professional sports teams are controversial, the answer to these questions may well be yes. In this article, Jerry Carlino and Ed Coulson report the results of their 2003 study: When quality-of-life benefits are included in the calculation, building new stadiums and hosting an NFL franchise may indeed be a good deal for cities and their residents.
This article appeared in the Second Quarter 2004 edition of Business Review.
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