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Are Sports Subsidies Worth It?

1 decade 6 years 3 months ago

From ReasonTV: It's a great time to be a sports fan: The NBA playoffs are shaping up, the NHL playoffs are underway, and the baseball season is young enough that followers of every team can still dream about making it to the World Series.

But as Major League Baseball's Washington Nationals—a team that surely is not going to the October Classic any time soon—eases into its brand-spanking-new-and-massively-expensi ve stadium, reason.tv asks the question: Are publicly financed stadiums and other sports subsidies really worth the cost to taxpayers?