Continuing on with some more sport economics, this article explains the prices paid by the public when a team stadium is introduced and subsidized by the city. I found it very interesting that so many stadiums have been built in the last 20 years. On average, over half of the teams in the MLB, NFL, and NBA have received new stadiums. The argument is about whether these stadiums should be subsidized by the public, for private gains. Some economists argue that it hurts the local economy by lowering personal income. Others say that it is increasing the worth of the city and providing positive economic leisure benefits. I agree that stadiums are an important part of a local economy. Everyone here in Utah knows what the Delta Center is even if they don’t follow sports at all. The problem with subsidies is if a team happens to relocate and the public is left with the tab. This article about the Astrodome provides more information on the downside of stadium subsidies.