I am as big a baseball fan as anyone. I’ve also followed the way sports teams have strong-armed and hoodwinked local and state governments to extort money to the detriment of taxpayers. The Pawsox owners don’t need public financing to make money. They only need it to make more money.
A fair deal can get made. The initial proposal is not a fair deal.
As if the drama surrounding the possible departure of the St. Louis Rams National Football League team wasn’t enough, nextSTL has learned that the St. Louis Cardinals may relocate if funds are not found for a new “top tier” stadium.
Opened just a decade ago to much fanfare, Busch Stadium III is already seeing wear, and is considered by many to be outdated. The final construction cost of just $364M, a modest sum by today’s standards, ironically makes the stadium almost expendable.
The ...Read More...
I’ve railed against government-financing of stadiums for years and years. I learned a long time ago what terrible waste of tax-payer money it is. I would love to see the practice ended. I’ve also learned that, if there is a way for our elected officials to screw up a good idea, they will find it.
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