The MOST EXPENSIVE Publicly Funded Stadiums Ever
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- Опубліковано 21 лип 2024
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Death and Taxes are a sure thing. But who said you had to pay for a team's stadium you don't even like? Nearly every stadium today is partially funded by tax dollars. These are the worst ones.
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It is absurd that the New York City teams are publicly funded at all. They were never going to leave. And if they did every other team would be falling all over themselves to move in. If the Rays moved from Tampa to NYC, built their own $2B stadium, or moved into Shea, the franchise value would octuple overnight. The Mets and Yankees had no real leverage. And Yet.
*Citi Field.
And the Yankees had no leverage? The city would burn to the ground if the gov't let them go. Their presence helps generate billions in revenue annually for NY businesses, and are so pivotal to the city.
The people wouldn't embrace a team like the Rays moving in. They'd be shunned in protest.
Thank Michael Bloomberg for both the stadiums. He let it go through despite the public not really wanting to fund them.
you realize where the NY jets and NY giants play, right? NY better had forked over that cash. good thing people like AOC weren't elected then. just like amazon the teams would've just relocated to NJ
@@jamespgray6928 Maybe, maybe not. People say this, but I'm not so sure. The Mets moved in after the Giants and Dodgers left and seem to have done okay for themselves. 'Course baseball as a whole is far less popular now than it has been in the past, and still seems to be declining. Time will tell.
It's to avoid another New York Jets leaving for Joisey situation.
And if Cincinnati's stadium wasn't enough, they also built this so called "Riverfront Transit Center" between the ballpark and the football stadium that was envisioned as this grand transit hub serving 20K people per hour and 500 buses that was publicly funded and opened in 2003...largely unused, sitting empty the majority of the time.
Not to mention the Cincinnati Subway....partially completed and been sitting abandoned since 1928, and no plans to revive the project.
But Cincinnati though rakes in money from Norfolk Southern on the Rathole Line, as Cincinnati owns the railroad clear down to Chattanooga, TN and leases the line to NS.
@@b.d.cooper8671 Norfolk Southern owns just about every railroad in the north east mid Atlantic and mid west. Lol. None of the railroads that I know of are owned by city governments. I guess any things possible.
@@frankym69 But they don't own that section yet, unless the city of Cincinnati sells it to Norfolk Southern.
yesssss more stadium videos thank you fivepoints
Agreed. I love all this shit
@@kielmaguire5121 RRRRRRRREEEEEEEEEEEEEEEEEEE
Cities: Infrastructure? Social services? Improve the city? We don't have money for that.
Cities with sports team: A New stadium? Sure. How much do you want?
Thats america we pay for military and entertainment thats about it
@@jayinthebx Even know the US pays more 3 times more for Medicare, health and Unemployment, and social security.
Medicare and health makes up 27%, and while unemployment makes up 33%. Military spending is around 15-16% with most of that is military upkeep, wages. Very little is actually going to buying new stuff.
So, maybe look at some more federal spending graphs. This last two year, it may look worse for unemployment.
PS. There’s two types of spending BTW… 😉
On another note, states spend a lot on infrastructure. However, most of that goes to crews, and managers being lazy as a bag of ass, longer they’re on site, the more money they make. In Japan their construction ccrews are efficient. In the US they need 15 breaks and cannot work more than 10 minutes at a time (I’m being facetious)
What might take a city in Japan 3-4 days to finish, might take a lazy US construction crew 3-4 weeks.
Additionally, the reason why cities spend a lot for teams, is that they generate revenue. A lot of it. Hotels, car rentals, food from from teams. So, your arts and crafts building that makes maybe 50,000$ a year, for teams that’s just soda sales in one game.
@@kinocorner976 yeah-old people can cost dollars… military spending does escape with some questionable division of costs though. The biggest one being Vet Affairs, 4% of the budget, but not considered ‘military spending’ although it was created for the purposes of fulfilling all those tasty little benefits the military sells on their recruiting pitches to HS students. Transportation: you mean the entire interstate system that was primarily built for the ease of transporting military units? Yes, it is namely used for economic purposes, but a lot of that is due to states adding their funds to widen and/or develop on existing interstates. The whole shebang was the creation of Eisenhower and the military. Sure their raw numbers don’t look big-but the military has priority access to a lot of things that are the responsibility of other departments (and let’s not forget Vet Affairs…)
I think there should be some sort of law that says if a building is more than 50% tax payer funded, the name of that building should be entirely up to the tax payers, not named after some corporation.
If a company wants a sports venue named after them, they should have to pony up the majority of the cash to build it and maintain it.
The money should be LOANS not just a hand out
@@bonvct da licky pee pee
Imagine the crazy names the public can come up with for stadiums if allowed to. My bets are on "Stadium McStadiumFace."
@@ZhangtheGreat Impossible to figure out where your trying to go to a game because every city in america has a Stadium McStadiumFace and Arena McArenaFace
@@ZhangtheGreat the pelicans literally play at “smoothie king arena” stadium names are already stupid
Orlando: 2010-2012
Abandoned Amway Arena: Prepare for trouble...
Amway Center: *MAKE IT DOUBLE!*
Not to mention both Citi Field and Yankee Stadium opened around the same time. So during a big crisis like the recession in 2009...yeah, that took a bite out of the Big Apple
I like that joke about Amway and as for both Citi Field and New Yankee Stadium, yes both stadiums in Queens and the Bronx opened in 2009. The moment you realize that the Mets sucked that year and the Yankees won their first Championship as a team in the Inaugural Season with a new stadium. It is also their last World Series Championship they have ever won. They have not won or even made it to the WS since.
Isn't it funny how Amway is a Multi-Level Marketing company and they conned the people into paying for it?
I'm from Michigan and here we call that business Scamway
Montreal's Olympic Stadium, built for the 1976 Summer Olympics, should absolutely be on here. Also known as the "Big Owe", the stadium was infamous for the cost overruns it incurred during its construction. Originally estimated to cost C$134 million, ultimately the stadium incurred a total bill of C$1.6 billion. Shockingly the stadium didn't even get fully paid for until the mid-2000s.
Has any city hosting the Olympics, either Winter or Summer, ever seen a long-lasting benefit from it? It honestly just doesn't seem like money well spent, ever.
@@thelasthandbook6704 goal is to make the money back when tourists are there to watch. To have them hopefully buy a lot of stuff while in town for x amount of time. No long term benefits though
@@thelasthandbook6704 Lillehammer.
@@thelasthandbook6704 L.A. didn't lose money on the 1984 games because most of the big stadia already existed. In fact, those Games were such a big success that LAOOC President Peter Ueberroth was voted Time's Man of the Year and later became Commissioner of Baseball.
@@thelasthandbook6704 The Salt Lake 2002 Winter Olympics were very successful, and they are trying to win another bid for the early 2030s
It’s funny that the Braves said that tuner field was harder to access. There is more traffic trying to get through Atlanta to truist park than there was turner.
They wanted to be further from the blacks in Atlanta.
@@FancySeeingYouHere 🧢
Half their team are players who are minorities, and many of their fans are minorities.... ignorant racism isn't needed or tolerated✌🏻🥱
I will give the props for not having a huge parking lot and using already used parking structures, but there is no public transport to get there. It makes things even more of a mess, unlike a park with the same difficulties like Wrigley where you have many options.
@Jose Ortiz I was unfortunate to have to live in Gwinnett County due to having to commute a job in the area. That place is a dead zone for public transport, even being just a few miles outside the perimeter.
The 'Ford Field/Little Caesars' bit was a massive stretch considering the stadiums were built 15 years apart.
remembering the Bills stadium fiasco? They were considering moving to Texas if they didn’t get a new stadium. A deal for 1.4B total using 850M of state/local funds was placed for the Bills to stay in Buffalo.
No way the Table Smashers would’ve allowed them to move away lmao
I love my bills but I like to tell myself the nfl wouldn't have let em move aht however this city has so many problems like really bad potholes kids r stupid but hey let's give away a fck ton of money on things we don't need really need its a tough thing but tough decisions let em go an gimme better roads on my car pay teachers better
Jerry Jones wouldn’t allow it
@@bcranford714 yea lol its laughable to think he would let the Bills move into his turf
They take our money to pay for the stadium and we can’t afford to go to the games.
Tickets aren’t expensive except for the playoff games and Super Bowl. Most nfl tickets are only a few hundred dollars at the most.
@@KanyeTheGayFish69 you don't think that $200+ for the cheapest ticket at a football stadium is still egregious af?
I love sports, but this topic makes my blood boil. The way these sports franchises manipulate the people and politicians to giving them more money is insane but not at all surprising.
The only valid government authority is that which is supported by the overwhelming wishes of the majority. Taxpayers being forced to pay more in taxes to pay for stadiums for billionaires to use to have millionaires players play each other is not popular enough to be a valid use of government and it is not democracy or a republic to force people to pay for these stadiums.
I don't know about other cities, but in Kansas City we always vote to approve this crap, mostly because the teams threaten to leave and everyone is like "Mah ChiefZ!" The only example I can really get on board with is Las Vegas. The city is a tourist trap, so make the tourists pay for it. I know that some of the taxes in KC come from rental car companies as well. That said, I think if a city or state pays for the stadium, then the naming rights should never be sold.
Not necessarily as the majority can attach themselves to some pretty crazy ideas and then you find yourself in a totalitarian situation. Not to mention these proposals aren't as unpopular as you might think. Still doesn't make them OK tho, just because they're popular
I like to think the Yankees told NYC council: If you don’t fund our new stadium, we might go to Charlotte or build a stadium in New Jersey. Why give them anything; they were never going leave the Bronx. NYC did not have no leverage; they had all the leverage.
Buddy the Yankees is the Holy Grail of Newyork City if they left the city the entire city would burn to the ground literally that's how important they are to NYC and yes they held NYC at gunpoint and abused this cultural position but that's how it goes even the slightest risk of losing the Yankees is far too much for Newyork
@@kurtpunchesthings2411 @FivePointVids Buddy. Would the Lakers leave LA? Would the Celtics/Red Sox leave Boston? Would the Cowboys leave Dallas? Would the Leafs leave Toronto? The answer is no to all of these and the Yankees as well.
The Yankees have one of the most valueable sport franchises in the world for 30+ years. The Yankees had and still have the means to build their baseball cathedral on their own dime. But they didn’t. Like so many other teams; they stuck their hand out and took hundreds of millions from taxpayers.
@@kurtpunchesthings2411 they wouldn’t leave the city tho. If they leave the city they instantly lose about 80% of their fan base, which would frankly never be the same with numbers or commitment to the team, and not to mention the nightmare of moving. New York needs the Yankees less than the Yankees need New York. Not to mention the team value would hemorrhage due to not being in NY.
@@kurtpunchesthings2411 what even funnier that the same mooks that were probably screaming the loudest about giving the Yankees everything they want were the first ones to complain when the new stadium opened and EVERYTHING was overpriced and bougie....lol
It was on the 30 for 30 documentary.
As controversial as Raymond James Stadium was, Tampa still got a pretty nice stadium when stadium costs were relatively low ($280m in today's money). Although, bringing Brady and another ring to town made a lot of people forgive the Glazers for that stunt.
Both rings were brought by the Glazers. Also thanks to the stadium then being given by Malcom to the Tampa Sports Authority for the selling price of $1, the city ended up recouping all that tax money.
But as typical, Florida Fans will still give up on their teams immediately when their season goes to shit…
@@kevindao1103 I listened to Bucs games on the radio during the home game TV blackout years. Don’t talk to me about bandwagoning.
@@91_C4_FL a lot of people in the area are bandwagoners though. I hate how many rays fans blame the stadium for not going. I love the rays and have been to multiple games this season and I really don’t mind the trop
@@ryanpiazza9160 I went to a Devil Rays game their first season and was a big time fan between 06-11 and stoped watching when most of that team got traded away. I've gotten back into them in the last 3 seasons and it's amazing how much they can do with so little. The Trop gets a bad rep, but the team deserves something new (and in Tampa proper). Honestly, if they put windows in the outfield walls, it wouldn't be that bad. The low ceilings in the concourse is what makes me dislike the Trop.
Love your stadium videos!! Always learn a little more, even on those stadiums in my hometown!! That beautiful Loan Depot in the middle of a neighborhood!!
Loan Depot is on ground that was originally was the site of the Orange Bowl so it's been an athletic field in some form going back to 1937.
The only sports UA-camr I’d spend my savings just to have a beer with
Surprised that the 40-45% Sacramento put down for Golden 1 wasn't on here. Expect Vegas to be on this list more in the coming years.
The latest rumor in the A's to Vegas situation is that the A's/MLB want Nevada to pay $275 million + Land acquisition for a future MLB stadium. Couple onto that the rumors also circulating of a potential NBA ownership group wanting to build their own arena as part of a broader development on the opposite end of the strip. Sisolak has said "No public money" but he's posturing as he's up for election this year.
A’s are not coming here anyway
The whole taxpayer-supported area idea actually began in Milwaukee with County Stadium. That's how they lured the Braves to Milwaukee in 1953. Dodger Stadium was actually built with private funds, but it was a government sponsored deal.
New Jersey taxpayers are still paying on the OLD Giants/Jets Meadowlands stadium, even though that structure doesn’t exist anymore!!! NJ provided majority of the money to build it, and the support for game days (security, medical, fire, etc….) and NYC people still have the audacity to say they are New York teams.
The jets are new jersey the giants are nyc
The topic of publicly funded stadiums makes me so angry that I genuinely wrote several papers in college about how terrible it is for the cities.
My brother in arms
It would be cool if you posted them online for others to read. I would look through one or two myself because I’m interested in the topic.
It would be cool if the majority of the stadiums didn't wind up being publicly owned by city/county. The government still charges the public for games and events but that's how the expense is recouped.
Hence to say as a Jets fan I actually take great pride in the fact that our stadium was 100% privately funded not a dime of tax payer money was spent on it primarily because if someone told Jersey residents they have to pay 1.6 billion dollars for a football stadium they would have rioted and burned it to the ground but hahaha it is what it is and it's sad how accurate that statement is
I am here for stadium videos and always will be. It's your best work, Five. 👍
Truist/SunTrust Park for the Braves wasn't built due to bad traffic. The reason for the the new Park in the Cumberland area was to get away from the crime and deterioration around Turner Field. The location of in Cumberland has crime but nearly as bad and just looks more inviting. This is evident when comparing attendance at Truist to previous attendance at Turner Field. This was the main pitch when proposed several years ago. Traffic was never the actual serious selling point at any time.
The whole crime this was so overblown. The main reason they did it was money. The Battery ( the outdoor shopping center surrounding the stadium) is open year round, and the leasing contract says the Braves ownership gets a cut of those profits. Literally the real estate deal of the lifetime for an ownership group who only saw the team as an investment.
@@xylynthian753 thus the reason for wanting a location with less crime and deterioration.
@@matthewcollins8602 Like I said, the crime thing was overblown. The area around turner field has less crime than some of the wealthy areas of the city, and the area has developed quite a lot in the past 5 years.
@@xylynthian753 the crime in the Turner Field area was awful and much more worse than the north side of town. It was trash and nobody wanted to go there. I worked the entire inside of the perimeter for years and the Turner Field area always had unparalleled crime. The area is so outdated and run down because of people fleeing from it just like the Braves did.
No tax payer should be footing the bill for any amount of money for a new stadium. If the team owner wants a new stadium, the owner should have to pay for it.
I think publicly funded stadiums and arenas are an unconscionable embarrassment to the people.
3:46 It also doesn’t help that Loan Depot Park was built on the site of the old Miami Orange Bowl, the one distinct landmark the city had. Hating that the OB was torn down and the land used for the MARLINS is something Miami, Nebraska and Oklahoma fans can all agree to.
Fun fact, no one in Miami wanted the loan depot park and the team lied about where the money was going to come from to build what was originally Marlins Park. Atleast we had a nightclub and that cool fish tank that they removed.
And don't forget the city displaced the Dolphins and Hurricanes to keep the Marlins, as the Orange Bowl was what occupied the site prior to the baseball park moving in.
@@b.d.cooper8671 the Fins left the Orange Bowl like 25 years ago
@@2023snow I know they left some years ago, but the Hurricanes stayed until they were displaced themselves to keep the Marlins
@@b.d.cooper8671 yeah, the Orange Bowl was a classic college football venue. I always prefer they keep the old facilities in you instead of wasting tax money on new stadiums
@@2023snow Back in its glory days, that stadium was the toughest place to play a football game. The Hurricanes enjoyed complete domination there in the 80s and 90s and the Dolphins were a playoff contender during their tenure there and now both teams are mediocre at best
You’re the OG stadium UA-cam channel, I get other videos from other channels but I’ve been watching yours for a while. Keep up the content!
I remember in 2013 when my hometown of Detroit approved over $280 million in public funds to help build Little Caesars Arena. This was just 6 DAYS after the city had filed for Chapter 9 Bankruptcy
Was keeping Sidney Crosby in Pittsburgh worth that much? ABSO-FUCKIN-LUTELY
You and forgotten places are my favorite stadium channels
Neither Yankee Stadium or Citi Field have a retractable roof and have a lot of rainouts and delays. Meanwhile, Milwaukee, Miami, Arizona, Toronto and Seattle have retractable roofs in smaller markets. The least the Yankees and Mets could have done was put in for the roof.
A lot of my family worked for paycor. It’s basically a payroll company. My work uses them but my whole family hate the new name it just doesn’t sound good. I’d rather have skyline stadium lol iykyk
Skyline Stadium would rock. Let the chili flow!
@@pridelander06 the bathrooms would be destroyed by week 3
@@Niqstory by the halftime of the first game 😂
I find this UA-cam video timely being from St. Louis since I was recently in conversation with an L.A. Rams fan over Stan Kroenke moving the Rams there to build SOFI. He told me the problem with St. Louis is that they build stadiums with public funding so I recently looked up how past NFL stadiums have been funded. I found that only Los Angeles for the Rams is all privately funded although that site also mentioned the big market of New York mostly privately funded so that seems to be in conflict with this video. So much was learned in St. Louis as a result of its lawsuit against the NFL based upon its relocation by-laws to protect small market teams. St. Louis approved funding for a new riverfront Rams stadium but not all yet would have been in line with other NFL stadiums. It was to be tax based on purchases and local courts determined doing so did not require voting approval by residents which likely would have failed. Of course, it was learned it was the signing of an Indemnification agreement providing NFL owners supposedl protection from any future St. Louis lawsuits that swayed enough votes over to Kroenke. I only wish St. Louis would move as fast on other projects as it did for the Rams getting the downtown riverfront land ready so quickly to even be ready for groundbreaking if it had been able to keep the Rams. I will say though that a new 22,000 soccer stadium is near completion for a new MLS team starting in 2023 by owners maimly from Enterprise and it was all privately funded.
Such smooth transitions. Perfection!
Allegiant Stadium here in Vegas was built with $750 million of public funds but at the end of the day we didn't really pay a dime because the $750 mil. was paid for by a tax increase on hotel rooms so really it was the tourists to our great city that paid for it and if I remember right most of that $750 was paid for about a year or so after the tax increase happened.
See Vegas has the right idea don't steal form Nevada people steal from outsiders
@@kurtpunchesthings2411 brilliant!
and it's not like you fleecing working poor people...vegas is a premium destination where most people who go can afford it
All that money for “New Bills Stadium” and they didn’t even get a roof….in Buffalo!
They did multiple surveys. A majority of fans said "no roof" and our owner listened. A majority of the seats are protected from the elements though...
Exactly all that money for a single use stadium
Fun fact: The NYC Parks Department “runs” Yankee Stadium, Citi Field (and Shea before that), so the city gets a cut of every ticketed event on top of tax revenue.
The entertainment and food/beverage taxes in Indy are jarring, especially since the Colts will have likely bailed for another city long before Lucas Oil Stadium and the Convention Center extension are actually paid off. The Pacers also got their pound of flesh a few years ago for upgrades on the Fieldhouse.
You didn't talk about Videotron Center in Quebec City. I don't know how much it was paid by the public founding, but we have not yet a professional hockey team since them...
I really wish they could get the Coyotes. But my gut says they will end up in Houston and somehow win the Stanley cup in 5 years after moving.
Unfortunately, this is a problem that won't go away without some sort of law at the federal level. If a city doesn't want to subsidize the billionaires, they can just find another city that will, history be damned. A team asking its home city for a new stadium is less like a negotiation, and more like a mugging.
Depends on if you’re a big city or not. A team located in Los Angeles, Miami or New York City has zero leverage because the second they leave someone else will move in. The fact that billionaire owners get to use taxpayer funds for these stadiums is ridiculous
New York got so screwed here.
Citi Field is infinitely nicer than Yankee Stadium and it cost less than half as much (and is in a much nicer area).
Paying that much for a stadium way out in Buffalo while the overwhelming majority of NY residents live in NYC and LI is insane.
I am a Yankee fan and Citi Field is a better venue to watch a game.
@Lighthouse in the Storm funny then how they are actually the most recognised sports brand in the world
Miami resident here, I recently went to a Marlins games against the Braves. The stadium was almost empty and honestly it felt that like there was more Braves fans than Marlins fans. Not a bad stadium though, it has cool features like the social area behind outfield. But it can be exploited a lil bit better. Ps: It’s still Marlins Park in my heart.
What a coincidence. Im watching your stadium vids, and you upload a stadium video.
Living in Indianapolis it's frustrating to see Lucas Oil Stadium on this list. Not because it doesn't deserve to be on it but because we're paying for the stadium then shell out another $500+ to go to one game for nosebleed seats. On top of that we were still paying for the old stadium even after it was demolished, and could still be paying for it but that isn't public information.
2:38 I live in MN. I smoke cigarettes. Every Vikings game I go through twice as many smokes as I would any other day. They are also expensive as hell here because of the stadium. Spot on.
5 point got that beer gut game on point 👌🏼🤘🏼👍🏼
It is so easy to throw out the same excuse of the Braves leaving the "southside", but here's what they actually were dealing with. The Braves wanted to spruce up Turner Field's surroundings with more restaurants/bars and stores so fans had more to do in the area, and the city refused to help. So the Braves asked for the bare minimum of helping with stadium renovations to keep Turner viable, and the city of Atlanta refused. Meanwhile, the city was throwing tons of money at completing MBS when the Georgia Dome was barely over 20 years old at this point. The Braves wanted a complex like The Battery in the Turner Field neighborhood, but since the city did nothing to help they went to people who would. I'm not saying I'm the biggest fan of how much was put on the taxpayers of Cobb County, but I believe the overwhelming positive response and massive revenue numbers have made up for that locally.
8:17 Look at that beautiful waterfront! Devoid of all life and filled to the brim with human feces!
What's extra grotesque is having so many football-only stadiums that cost more than any other kind, yet only guarantee the city/state that funds them, what, eleven dates a year, maybe a couple more if you make the playoffs? You'll get a few more from big concerts or whatever, but only a handful. Baseball stadiums and arenas demanding public money aren't great, either, but at least a MLB season guarantees 81 dates a year, and a multi-purpose arena can have many more.
Up here in the NY/NJ area, it's really absurd how the new Yankee Stadium and Citi Field deals went down; prime examples of teams with parks that could've just been renovated, but nope, the Yankees wanted to build a mausoleum and Fred Wilpon needed his Brooklyn Dodgers fanfic to come to life...and I say that as someone who actually *likes* going to Citi Field! At least the Giants and Jets privately funded Metlife.
Detroit is not on the verge of Bankruptcy. They went through Bankruptcy 12 years ago and the city is thriving. Both Stadiums returned the Lions and Pistons back to downtown Detroit.
You can finally have shit in Detroit.
Still Detroit lol
nowhere to go but up
Great video!!
Btw i thought it was ParKour Stadium at first and I was like ‘Man, just let Joe Burrow play and grow like a normal QB
I didn’t even pay much attention to what he said about Paycor Stadium because I was so distracted by how brown that diarrhea stream they call a river was.
It is crazy how tax payers pay for so much of a stadium and then the team/owner sells those naming rights as well...
I live in Indiana and I legit cringe whenever someone on a broadcast or whatever refers to Lucas Oil Stadium as the "House that Peyton Manning built." Almost all my family works either in education or healthcare so it became a running joke that when the Colts threatened to leave the state suddenly found all that money they spent the last few decades claiming they didn't have.
Idk exactly how it works, but if feel that money produced from the stadium apart from its primary function..ie concerts and college football games should go to whatever municipality funded
lol why do i see so much stock footage of oregon's house floor? It's weird how often I see it in stock footage. Is it the carpet?
Buy them bonds people!! Buy all those bonds!!
Its funny bcs those bonds are usually not even matching inflation, so its literally one of the worst investments
@@nothanksguy Lower risk investment.
@@Hiei2k7 given that cities do go bankrupt from time to time, id choose state or federal bonds far before a city issued one, unless backed by state govmnt
Miami stadiums go through so many names I don’t know how anyone has any idea where to go
5:54 I live in Arlington and i damn sure didn't vote for that ballpark!! They could've used that money to start a public transit service for the Arlington/Mansfield/Kennedale area. Oh well....
Oh, BTW, it's called Globe Life Field. Globe Life Park was the old ballpark for the Rangers(Now called Choctaw Stadium).
Should have had an "adjusted for inflation" list, just to see where Montreal's "Big Owe" would have landed.
Globe Life Park taxpayer burden: $500M
Combined value of Cory Seager and Marcus Semien's contracts: $500M
Texas is gonna Texas
Actually, Braves ownership wanted to leave Turner Field because of it's location in the Southside "dead end" of ATL.
I don't blame them but fess up!
Turner field isn’t on the south side of Atlanta.
@@lifeofbrandon_ It is in the south side of downtown though. Lol. He is right about it being in a dead part of the city. But those days are over with, that area is now a hot spot of new construction and vitality.
@@Boxhead42 ehhh not really. It’s considered northwest Atlanta and you really go to the west end to get to the stadium.
Its shame the Rogers Centre isnt on here.
A $150 million dollar stadium that ended up costing $570 million. Taxpayers were on the hook for $60 million...BUT private corporations HAD to fund the stadium, but when you think of the fact that these private corporations got luxury suites for 10 years in exchange for helping out with the cost of the stadium, who was paying for all of that?? The Taxpayer. It was once estimated that the Skydome would have to operate 600 days a year just to turn a profit, and all it did was lose money until Rogers bought the stadium themselves for a bargain price of $25 million (and they changed the name). That $60 million doesnt seem like much, but when you adjust for inflation, and reflect that Toronto gave away luxury suites to get the private sector to invest, it is.
A little knit picky, but Globe Life PARK is the old baseball stadium that Globe Life FIELD (The one Five Points is referring to) is built next to. Globe Life park was only cost $191 million, with the city covering 71% or $135 Million. A much higher percentage, but a much lower cost to the tax payers.
My UA-cam quit recommended me your videos. I haven't forgotten about you.
It’s great to see the Bills are getting a new better stadium. Bills Mafia are gonna have a hell of a better experience guarantee.
Nats park in DC was worth it for Public Funding money well spent My fellow DMV residents the game day experience is excellent
Raiders got a better stadium no doubt about it money well spent it would be cool if they built a pirate ship outside the stadium just sayin
Hard rock stadium is better than loandepot park
It’s good that the colts and Vikings got better stadiums
As a Bills fan, I remember being ticked when I heard how much we're paying for it. It makes no sense that tax payers are paying for $850 million out of the $1.2 billion expenses for the stadium. The Pegulas are one of the top 10 richest sports franchise owners and could pay for the entire thing out of pocket and have plenty of money left over, and yet they still have us pay this much
And there still is no dome
@@Brinkaskfavor Exactly. If you're gonna have us pay that much for it at least put a dome🤦♂️
@@dacoolboy2449 and we all know that I’m calling it, after the bills leave they live probably over 95% of their fan base in buffalo, the most dedicated fan base in the NFL meaning they spend a ton of money, and they would most likely never see that amount of fans nor fan interaction again.
@@Brinkaskfavor I don't think they’re gonna leave Buffalo. Since they're building a new stadium in Buffalo, that means they're planning on staying in Buffalo for the long term because you wouldn't build a brand new stadium just to use it for a short time
@@Brinkaskfavor they literally said during last night's game that they are moving ahead with the stadium and it will be open Fall 2026....Bills ain't going anywhere
Glad I’m seeing people start speaking out about this. I always bring it up and get some backlash from diehard sports fans.
Great Video!
At least Vegas had it right with a hotel tax given thats a massive part of their cities income. But the fact multiple cities are putting up over a billion dollars is goddamned unreal.
3:26 Comerica park in the background is not included on this list
I'd have thought that Olympic Stadium, aka The Big Owe in Montreal would have made the list
Great video, commenting for algorithms
It wasn't the Dodgers and Giants moving west that started the ball rolling as far as publicly funded stadia go. We just think this way because the big sports media concentrate on big cities, and ESPN honestly believes that the Yankees, Red Sox, Dodgers, and Cubs are the ONLY MLB franchises which exist. But it was the Boston Braves moving to Milwaukee and Milwaukee County Stadium which started everything. The St. Louis Browns moved to Memorial Stadium in Baltimore and the Philadelphia Athletics moved to Municipal Stadium in Kansas City. (Incidentally, the Royals' blue and white colors were never intended to rip off the Dodgers as many fans believe. Those were the original colors of the A's before the team adopted the now-familiar kelly green and gold colors in 1963.) Only after all these other moves happened did the Giants and Dodgers move to California.
Can confirm traffic in cobb county is SOOO bad
Video idea: Players/coaches that weren't that good in college, but were good in the pros.
Your metness really shows here. If there is a team in professional sports that deserves that kind of commitment from the city it plays in it's the Yankees. Not to mention they payed half the bill.
The Cowboys AT&T Stadium was approved in a bond vote by the people of Arlington.....3 years ago the Stadium paid for itself, and now every tax dollar generated there goes straight to the city of Arlington's treasury ...Now Arlington residence won't have their taxes raised for years ...! This info was published during the whole process of building AT&T stadium ..!
The Death Star is a masterpiece I want to go there some day
I'm from Cincinnati, the city and county was desperate to keep the Bengals. It was so infuriating what Mike Brown did to the county in order to not move them. Thankfully the ownership has gotten it together in recent years.
I also think that the stadium will just be extremely renovated other than replaced.
Does Mike Brown still make Cincinnati city employees clean the stadium toilets lol? All the stuff I've read about on this topic Cincinnati with the Bengals is easily the worse
yes more stadium videos list
Look, I hate the idea of tax payer funded arenas as much as the next guy, Buuuuuttttt can we talk about how god damn ugly some of these buildings are? If you told me that arena in Pittsburgh was an Amazon warehouse, I would believe you. That Texas Rangers' stadium looked like an unfinished parking garage concept. And, holy hell, the Little Caesars arena might be the ugliest thing I've ever seen. If you're going to use public funds, can you at least make them appealing for the public to look at?
Constructively, Factor meals look bad. Damn good video, tho. Learned a lot 👍🏾
From the packaging they don’t look all that impressive. Honestly though they do taste good and are healthy. When faced with the choice between high carb garbage or factor the meals are 100% the better choice.
Only a matter of time before the Bears get added to this list when (and whenever) the new stadium is built in Arlington Heights.
The Superdome in New Orleans was the best decision that state ever made. It’s hosted so many events that even if the Taxpayers funded it, it was made up in revenue times a Thousand. Even better, the people love the venue so much, they would rather renovate versus building new.
I know it's not used anymore but wasn't Edward Jones Dome in St. Louis mostly publicly funded?
Hmm, so it's the giants and dodgers fault why these cheap ass teams need public funds to build their needlessly big expensive ass stadiums huh...
That is part of it, but I think the main reason for the "new stadium" extortion is Al Davis won the right in court many years ago to move the Oakland Raiders out of Oakland. Which essentially set a legal precedent and opened the floodgates for owners to begin threatening cities with moving out.
Truist Park is also legit 5-10 minutes away from Turner Field
While i hate that irsay didnt pay even 1/4 of the stadium cost, LOS does get used very often by the city for non-sports reasons.
I still hate the opening roof. Added 300m of cost and doesnt work right.
On of the reasons the new stadium needed to be built was because the city wanted to expand the convention center, and the RCA dome was in the way. With the expanded convention center, Indy continues to have a robust convention schedule.
I hate more that the 8 surrounding counties were asked to raise their food tax by 1% to help fund it, and all but Morgan county agreed. Morgan later passed a 1% increase on their own, and in their uniformity it looks like they are helping when they are not.
The only time I've ever been in the LOS was in 2020 and 2022 for the Vex Robotics state championship. Sure, this could be held in the convention center just as well, but those kids getting to be on that grand a stage is just remarkably cool. We went to worlds in Dallas this year, and it just doesn't shine a candle to competing in the LOS.
But with that, the NCAA tournaments they host, etc, it does get used quite a bit more than 10-13 times a year by the Colts.
@@PapaVanTwee5 exactly. Though to be fair the lot that LOS sits on could have been used for convention center space as well, but the RCA lot was the real prime location. Lucas oil essentially functions as part of the convention center and even has underground walkable tunnels connecting them
So, I assume that this list is exclusively for U.S. stadiums, because I don't see any mention of any stadiums built for the Olympics and/or FIFA World Cup.
Dam Son. Nice video, my stadium fetish has been sufficiently satisfied.
it always irked me that an MLM company got two arenas in orlando
SKYDOME/Rogers Centre in Toronto completely funded by Ontario tax payers to the tune of 600 million. Was sold to Rogers Communications for 25 million in 2002.
To be fair LCA has benefited Detroit. And the area around the stadium. Not to mention the Illitch family (rip Mike) are truly the gold standard of sports owners and local philanthropy.
The District Detroit that was envisioned and promised by the Illitches has not even come close to fruition. Outside of the arena, the WSU School of Business, and the new headquarters for Little Caesars next to the Fox Theater, little has been done to the area.
The funniest thing is that there's a dilapidated house behind LCA that got offers of $4 million to sell it, but the people who owned it refused to sell. The house JUST burnt down a few days before the release of the video
Fun fact about U.S. Bank Stadium:
Minneapolis taxpayers routinely voted down stadium funding ... right up until the Metrodome lease expired. Faced with losing the Vikings, the vote was something like 62%-38% in favor of building a stadium. 😂
Baldie's returned to using "The Entertainer" to close out his vids!
Woah that's a lot of money payed by people who have no say on wether the team stays or goes from a city! Dystopian !
Cool video! Would you consider doing a video on Mexican Baseball stadiums?
I love sports and stadiums. However, I'll never understand how cities can accept to pay so much for stadiums. I'm not American, but confirm me that the cities own these stadiums.
In my country, many stadiums have been renovated or built for the 2016 Euro. There were many PPP and these stadiums are owned by cities (teams manage the stadium). So, that makes sense.
They often threaten to relocate, which scares the people so they end up doing everything and anything to keep the team. Greedy billionaires getting richer and richer.
emotion based decisions....have you seen the fanatical fans of some sports franchises
@@dragonchr15 My favourite team has very emotional fans. It's soccer in Europe, so relocations don't happen. But they can be very vocal when they're not happy about a decision.
So, I can understand a mayor accepting using public money for a stadium in fear of losing his/her spot as mayor during the following elections.
good vid 👍🏻
Google Maps still says it’s Paul Brown Stadium. Should I rename it?