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Using numbers from a sports research and consulting firm, CNN reported, "Twenty new NFL stadiums have opened since 1997 with the help of $4.7 billion in taxpayer funds." See photos of the 10 most ...
A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue. Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies. Funding for stadium ...
Jackson County voters went to the polls to decide on many races but most notably Question 1, which would authorize tax funding to help pay for a new Royals stadium in the Crossroads and ...
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In 2011, The Wall Street Journal described the stadium deal as "unusually lopsided in favor of the team and risky for taxpayers." [10] Since then, additional costs have been imposed on taxpayers related to the stadium. [11] By one estimate, taxpayers will have paid $1.1 billion by 2026, the year in which the 26-year deal expires. [11]
Sports stadiums and arenas can cost hundreds of millions, even over a billion, dollars. Then, they stand to make teams and their owners a lot of money. Sports owners around the country have pushed ...
After a heated campaign, Tuesday is Election Day — the final moment when Jackson County voters will decide whether to issue a 40-year, 3/8th-cent sales tax to help pay for a new Royals stadium ...
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