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The original was posted on /r/nfl by /u/Ok-Elk9512 on 2025-12-23 00:05:34+00:00.
Original Title: The other angle with publically funded stadiums: not only is it welfare for billionaires but it exposes the financial shortfalls of the new stadiums… the owners don’t wanna own the whole thing because that doesn’t make financial sense
Typically when people get mad at the publically funded stadiums, it’s because the owners are getting a stadium partially or wholly funded by the public. People rightfully point out it subsidizes a new stadium for owners who will make more money from premium seating and concessions in a new stadium. The small downside to owners in these deals is they don’t get to own and operate the stadium, only use on certain days. The public and other events get to benefit on other days. At first glance it would suck to not have full control.
Any money making machine people would wanna fully own which means these deals signal something … that these don’t make financial sense.
Think about it, if the economics were unequivocal, every owner would be building and owning the entire thing. The NFL has tons of smart accountants, finance people, and lawyers. They’ve undoubtedly run the numbers and told the owners “nah put up as little as you can and get public funding.”
As such, what the economists are saying about these stadium deals being dumb for governments is confirmed by the NFLs actions.
Bringing this topic back up with the KC stadium deal.