To me, the government spends too much on things that are irrelevant to United States citizens. This country lacks funds for healthcare, education, housing, and other things that are truly needs for our people. Instead, I can see that new stadiums are being built in big cities all over the United States. Who is paying for these enormous structures? Are these stadiums being paid with stadium subsidies? A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of sports venues (Wikipedia). Are there any benefits to these structures being built? Do these benefits even outweigh the cost of these stadiums being built? Yes, I agree with stadium subsidies’, and I think that these funds are beneficial to a city or town.
What are the benefits to a town of building a new stadium? The benefits to a town building a new stadium would be that new stadiums being build will generate to more job opportunities because when you build a new stadium you will need workers such as ticket holders, and security, janitors, concession workers and more and the benefits from that would be the money being spent from the
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Yes the benefits of the government building a new stadium will outweigh the cost because it will take a enormous amount of money to do that because you will need workers such as carpenters, welders, painters and more and the cost of the materials would be another portion of money and the cost of concession workers, ticket holders, security and just from estimating that will take up to 3.2 million dollars or more and that money doesn’t goes to the local economy it goes to the players, and the workers because when you build something new you will need workers like engineering for the lights and power source and you will need players so that they can entertain the fans than the population of the games will start to
Take Me Out to the Ball Game and You Buy the Ticket THE CASE FOR PUBLIC STADIUM FINANCING
A loss to value added is when you have two professional sports team within a good driving distance of each other. “Incumbent owners have made it clear...
There seems to be a domino effect through out the U.S., new stadiums are being built, teams are demanding that their city build them a new stadium to play in but it is not necessary to build these stadiums. The most obvious change in new stadiums is coming from baseball. In the last 10-15 years many new baseball stadiums have been built, but who is paying for these stadiums? The teams and the owners that are demanding the stadiums, or the taxpayers? The answer is that taxpayers are picking up a huge amount of the cost to build a new stadium.
A question that has been rising to the surface lately is “should college athletes be paid a salary?” One cannot get on the internet now a day and not see some kind of college sport headline. The world of college sports has been changed greatly the past decade due to college athletes. These athletes make insurmountable amounts of money and an unbelievable amount of recognition for the universities. The athletes that provide and make a ton of revenue for the colleges also spend a huge amount of their time practicing and staying committed to sports, and have to maintain good grades in school which requires quite a bit of overtime. Because college athletes generate massive amounts of revenue and put in massive amounts of personal time for their individual universities, colleges need to financially compensate players for their contributions. The colleges that these superstars represent are reaping all of the benefits of the accomplishments the athletes have, yet the big named players are making nothing from what they do.
What if a tax increase came to a city because of a sports team, would it be alright? Of course not, right? Well, consider being told as a tax payer and being told it will help the economy of city to build a stadium. However, a tax increase is never highly looked upon, and large companies sell extraordinary economic growth, and cannot produce the promise.
College athletics is a billion dollar industry and has been for a long time. Due to the increasing ratings of college athletics, this figure will continue to rise. It’s simple: bigger, faster, stronger athletes will generate more money. College Universities generate so much revenue during the year that it is only fair to the players that they get a cut. College athletes should get paid based on the university’s revenue, apparel sales, and lack of spending money.
Abstract: The Stadium construction boom continues, and taxpayers are being forced to pay for new high tech stadiums they don’t want. These new stadiums create only part-time jobs. Stadiums bring money in exclusively for professional leagues and not the communities. The teams are turning public money into private profit. Professional leagues are becoming extremely wealthy at the taxpayers expense. The publicly-funded stadium obsession must be put to a stop before athletes and coaches become even greedier. New stadiums being built hurt public schools, and send a message to children that leisure activities are more important than basic education. Public money needs to be used to for more important services that would benefit the local economy. Stadiums do not help the economy or save struggling towns. There are no net benefits from single purpose stadiums, and therefore the stadium obsessions must be put to a stop.
There has always been a lot of debate on whether or not college athletes should get paid. With as much money as college sports makes from these student athletes, should these student athletes be getting paid? There are many different stances on why I feel like these student athletes should be getting paid. I will talk about some of the reasons on why they should get paid. Being a student athlete is a very stressful thing in life at that age as they are attending school full time and working extremely hard at being the best athlete they can on the field.
In recent years, a major controversy in the NCAA has been whether or not student athletes in college should be paid for playing sports. There are different viewpoints from different people stating if they should or not. Many people believe that they are already being rewarded enough with their education being paid, but even with the school’s help with their tuition and school fees, many have trouble paying personal expenses. Even though some people believe they shouldn’t be compensated for their hard work and dedication, it is the right thing to do, due to their lack of time occupied by sports and schoolwork. Many famous athletes in college such as Johnny Manziel and Tim Tebow bring in millions of dollars into their universities due to publicity and even though they are breaking their backs they don’t receive a single dime for their hard work. The college coaches also get a really high salary, just for coaching the players. They also receive many contracts that include shoe contracts, TV and radio contracts, and many perks along the way. When the coaches get their teams to the playoffs or win major games, they might receive big bonuses. It doesn’t make sense that the athletes are the ones that are doing all the work to get the far yet they don’t see any form of compensation. Many executives from the NCAA and the universities also get millions of dollars from big sporting events, and they do nothing to earn it. The athletes are the ones taking stuff out of their time and working hard to not get paid.
In the Columbia Electronic Encyclopedia’s definition of “Amateur” it states, during the early 20th century “the American intercollegiate athletic system… adopted amateurism, claiming it developed competitors who were morally superior to professionals” (“Amateur”). Amateurism is the concept that athletes should compete without payment. Until recently, playing collegiate sports as an amateur was thought to be a noble calling. As time surpassed, college sports became a commercialized industry, generating billions of dollars in revenue. When this became apparent, the implementation of athletic scholarships became more relevant. The athletic scholarship seemed to be a more than fair way to delight athletes with some sort of incentive to ensure their participation in collegiate sports. However, many college athletes have become eager to receive a larger cut of the money. The National Collegiate Athletic Association (NCAA) has issued many regulations indicating the limitations of what athletes can and cannot receive in benefits and compensation. Many individuals argue that the NCAA and colleges are taking advantage of student athletes by not indulging them in the riches of collegiate sports. They believe because the students athletes are the ones spending their time both preparing and competing, they are deserving of a share of the athletic programs’ revenues. Though being a college athlete entails a considerable amount of a student’s time, there are many reasons why the college athlete should not be paid. Therefore, student athletes should not be paid because it would discriminate against schools without the means to pay their athletes, it would alter the principles of college athletics, and it would further compensate student athletes ...
If the athletic department cannot raise enough money by themselves they can turn to long term tax exempt bonds to help offset the costs. A bond isn’t all that different from a loan in the sense that it is, in its most basic form, a contract to repay borrowed money with interest at fixed intervals. These bonds can be spread out up to Thirty years and in most cases will be paid back with ease. Other ways schools can pay for facilities are with student fees.
The sports industry is a very big business that contributes great amounts to the economy in terms of turnover, taxes and jobs. The sports industry has an economic cycle. So it depends on different parts of the year to hold big events. The benefits to be gained are that local communities as suppliers of services and goods obtain increased business.
The Edo period lasted from the year 1615 to around 1868 and it was under the firm administration of the Tokugawa military government. In this period the marriages were arranged based on political, military and wealth inclinations. Provincial leaders; daimyô and the shogunate; military leaders or commanders were needed to arrange the weddings of the same category of persons. The weddings held in this period were carried out using rules and regulations based on the Muromachi-period which existed between 1392 and the year 1573 (Bincsik). However, the weddings were held during the day unlike in the Muromachi-period when they were held during the night. The weddings during this period were held by people of the same social standing or status (Bennett).
It is a delicate and confusing situation. If the fans will pay for everything from the hats to the T-shirts, to the tickets to the hot dogs, the teams will generate more money. However, if that happens, come contract time athletes will demand for more money. If the athlete demands more money, the cost of tickets and memorabilia will go up.
Firstly, being the host of a major sporting event such as the Olympics could actually benefit the hosting countries’ economic and cultural benefits of the Olympics. The Olympics have a very wide reach in this modern day with. This is a plus especially with the existence of today’s social media and the Internet. In the economic side, it could actually be a very powerful marketing and publishing tool for the host country. With all the present technology that is available nowadays, it actually is a good way to promote a certain country to the world. This eventually increase the economic level of the country that is hosting it, as they will receive visitors from all over the world and they will eventually spend their money to the host countries, thus improving their economics. Winbey (2014) states that the 1984 Los Angeles Olympics are somet...