DiscoverScams & ConsStadiums: Teams use a proven and legal plan to use your money to build new stadiums
Stadiums: Teams use a proven and legal plan to use your money to build new stadiums

Stadiums: Teams use a proven and legal plan to use your money to build new stadiums

Update: 2023-02-23
Share

Description

New stadiums can cost several billion dollars to build and who wants to spend that kind of money when the public could foot most of the bill?

True, there are some owners who have shouldered the entire cost, but those are rare.

In this episode, we tell you how teams prepare years in advance to use fan money as no-interest loans, to avoid taxes on their share of the stadium revenues and gin up excitement among fans to drive up the cost -- and profits -- of a new venue.

And it doesn't stop there. Listen in as we lay out the playbook on how to build new stadiums using your money.

Comments 
In Channel
Bits and Pieces

Bits and Pieces

2023-05-1817:27

loading
Download from Google Play
Download from App Store
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Stadiums: Teams use a proven and legal plan to use your money to build new stadiums

Stadiums: Teams use a proven and legal plan to use your money to build new stadiums

Jim Grinstead