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This volume takes readers inside the high-stakes game of public-private partnerships for major league sports facilities, explaining why some cities made better deals than others, assessing the best practices and common pitfalls in deal structuring and facility leases, as well as highlighting important differences across markets, leagues, facility types, public actors, subsidy delivery mechanisms, and urban development aspirations. It concludes with speculations about the next round of facility replacement amidst rapid changes in broadcast technology, shrinking domestic audiences, and the globalization of sport
This volume investigates the complex financial and political mechanisms that govern public-private partnerships in the development of major league sports facilities. Judith Grant Long, an expert in urban planning and public policy, utilizes extensive data on facility leases and subsidy structures to analyze why certain municipal strategies yield more favorable outcomes than others. The book provides a comprehensive framework for understanding the interplay between local government interests, private ownership, and the evolving economic landscape of professional sports.
What You Will Find
Experts recognize this work as a definitive resource for understanding the fiscal realities of stadium financing and urban development. Readers frequently note the technical density of the data, which serves as a foundational reference for policymakers and urban planners.
Page Count:
240
Publication Date:
2012-01-01
Publisher:
Routledge
ISBN-10:
0203099443
ISBN-13:
9780203099445
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