SPORTS

Blowing the whistle on arena renovations and fans being held hostage

Ballers ☝️
Author
Ballers ☝️

Down the road they will be left with no choice but to acquiesce to the billionaire owners’ demands☝️

It is always hard for me to stomach how willing we, as taxpayers, are to subsidize the playgrounds of billionaires. While we, as fans, often focus on the contracts of star athletes, the real returns flow to the owners of these respective ball clubs.

In short, taxpayers finance the stadiums through long-term commitments and the billionaire owners receive the profit. Local communities allegedly benefit from “positive externalities” while the owners receive cold hard cash year after year. While we a…