Local TREND. Lost Revenue for Cities from Stadiums. The Number Crunchers.

University of Michigan professor Judith Grant Long work shows:

• $67 M in lost property tax revenue on a $350 million stadium over 30 years
• $53 million in lost revenue over 30 years for the city’s share of revenue from ticket surcharges, concessions and parking surcharges (often split with a team)
• + Costs generated from naming rights
• + costs generated from advertising revenue

Governing | Even When Teams Pay, Stadiums Still Aren’t Free for Cities (Looks at Austin, TX new MLS stadium and team)