According to The Brookings Institution, "a new sports facility has an extremely small (perhaps even negative) effect on overall economic activity and employment

According to The Brookings Institution, "a new sports facility has an extremely small (perhaps even negative) effect on overall economic activity and employment. No recent facility appears to have earned anything approaching a reasonable return on investment. No recent facility has been self-financing in terms of its impact on net tax revenues. http://www.heartland.org/policybot/results/9474/No_85_Sports_Stadium_Madness_Why_It_Started_How_to_Stop_It_summmary.html http://www.heartland.org/policybot/results/9474/No_85_Sports...