The Regressives Ep. 11 | Empty Nests: Why Do Blue Cities Fund Stadiums?
In 2022 the NFL's Buffalo Bills announced a deal with the state of New York to build a brand new $1.4 Billion stadium in Erie County. The passage of funding between the state, the Buffalo Bills, and the NFL requires that New York taxpayers front a whopping 60% of the project - or about $850 dollars. This reignited a debate that has been raging in the US for the past two decades: Should taxpayers front the costs of large scale stadiums for billionaire owners? The answer is not easy, as every major sports league in the country has leveraged their teams to push secure taxpayer funding and the…
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