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At the moment, lawmakers have proposed using taxpayer money to build new NFL stadiums in at least three cities: St. Louis, Missouri; San Diego, California; and Oakland, California.
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.
Column: As taxpayers tire of handouts to billionaires, Major League Baseball demands public funding for a Vegas stadium Michael Hiltzik April 24, 2024 at 6:00 AM
SoFi Stadium, which opened in 2020 in Inglewood, California, and is home to the NFL’s Los Angeles Rams, has an adjacent “Hollywood Park” district with luxury apartments, a movie theater and ...
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