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I haven't seen any recent studies/reports about building in small markets vs large markets. I suspect the small markets end up even worse off with such deals.
by alistairSH 5y ago
I haven't seen any recent studies/reports about building in small markets vs large markets. I suspect the small markets end up even worse off with such deals. The stadiums are massively expensive, regardless of location, and the smaller cities would be less able to absorb/offset the impacts of those costs.
Maybe not apples to apples, but DC's annual operating budget is ~$17b vs Columbus's annual budget of $1b. This despite DC having a smaller population (~700k vs ~900k).
- ericmay 5y agoYea. I think Columbus is unique too because Ohio State football is probably bigger than either of the NFL teams from a market perspective in Ohio so it's sensible that nobody is adding an NFL team here. Also I think the Columbus population comparison isn't great (omg we're the 15th biggest city !11!) because the city has annexed places that really don't make a lot of sense. Metro population is better to use for a comparison. And then I think for D.C. in particular you have the federal government located there so it's probably just "different". Indianapolis has a budget of around $1.3 billion [1], Columbus is $1.04 billion [2], and Cleveland has a budget of around $1.8 bn [3] [1] https://www.indy.gov/activity/city-and-county-budget https://www.indy.gov/activity/city-and-county-budget [2] https://www.columbus.gov/finance/financial-management-group/budget-management/2022-Operating-Budget/ https://www.columbus.gov/finance/financial-management-group/... [3] https://www.cleveland.com/news/2022/02/mayor-bibbs-2022-budget-priorities-police-reform-top-level-staff-public-health.html#:~:text=CLEVELAND%2C%20Ohio%20%E2%80%93%20Mayor%20Justin%20Bibb,the%20Department%20of%20Public%20Health https://www.cleveland.com/news/2022/02/mayor-bibbs-2022-budg....