We are just thinking about the local problems. A stadium will bring more jobs and revenue towards things are important. Think about if a building is torn down. It will leave people homeless but it will help the community as a whole. We think about the negative of having to invest, but the outcome will be better than the initial investment
The moment we complain about funding stadiums occurs at the point in which we stop understanding the impact of a stadium. Once we cut subsidies, programs like NBA Cares, NFL Play 60, and others go away. People enjoy stadiums, they want them there, and the evidence proves it. The long-term involves better property values, more programs, and a better community overall. Cutting subsidies is an injustice to any community with a stadium.
The cost benefit ratio for tax revenue to sports stadium subsidies does not support the concept. It is a waste of Government funds on an industry that is already mostly tax exempt. Money that could be better spent elsewhere like letting states pay down their deficits and obligations or reallocating the spending on needed public works, education, or state services.
Teams should pay for their own facilities. Owners are more likely to get loans from bans for financing rather than bonds and taxes from taxpayers. Governments should be helping citizens and not sports teams. Sports leagues bring in billions of dollars of revenue annually and there should be some funds set aside for new facilities.
No, public funds should not be used towards professional sports stadiums, because building sports stadiums is not something that the government needs to be doing. Private tourism and entertainment associations are plenty capable of promoting tourism in the area. There is no need for the government to do what amounts to an intrusion in people's lives by engaging in private business, like building a professional sports stadium. Businesses can sponsor it instead.
I do not believe public funds should be used towards professional sports stadiums. I find it unfair for leagues, such as the NFL and MLB, to hold stadiums over the heads of the cities citizens. Many citizens, due to ticket prices, never get to use those facilities in the first place, so they shouldn't have to help pay to have them built. These leagues make millions, if not billions of dollars a year, they should build the stadiums with their own funds.
I believe that sports leagues and teams should fund the professional sports stadiums themselves. I do not believe the public should be expected to foot the bill for these expensive stadiums. Citizens do not benefit from these stadiums unless they can afford to purchase the tickets, which are drastically over priced.
Sports teams make plenty of money and should fund their own homes where ever they play. The NFL, NBA and MLB are all financial juggernauts and public funding shouldn't go towards any of these rich owners and players. Instead, public funds should go towards helping the hungry and homeless in our society.