Public Financing of Sports Arenas
If you build it, they will come? Not so fast. Sports arenas like the Staples Center in LA can be enormously lucrative, but there are plenty that lose millions of dollars every year. This hour we’ll talk about the financial prospects for Columbus’ Nationwide Arena, who’s paying for it, and if sports complexes have the right to play ball with public money.
- Jon Beard, spokesperson for Columbus Coalition for Responsive Government
- Andrew Zimbalist, the Robert A. Woods professor of economics at Smith College
- Gregg Easterbrook, author of “The King of Sports: Football’s Impact on America.”