4 ms·
> Why aren't stadiums shared multi-use endeavours? Because nothing about this whole thing is rational. Sharing makes sense if the owners want to split costs a
by bmm6o 11y ago
> Why aren't stadiums shared multi-use endeavours?
Because nothing about this whole thing is rational. Sharing makes sense if the owners want to split costs and get year-round use out of it, but if every major sports team in the area can strong-arm its own special-purpose stadium from the local government, then they will.
There are exceptions, like sibling comments note. In LA, the Staples Center is actually shared by 3 teams (2 NBA, 1 NHL) and is also a popular concert venue. It works great for the city having the one building in the heart of downtown to build an ecosystem around rather than 3 or 4 similar ones spread out.
- bmm6o 11y agoAnd I don't recall the details of the deal to build the Staples Center, but as a city LA has been pretty steadfast about not providing public money for sports venues. This may have pushed the incentives to make sharing much more sensible.