Should Cities Buy Sports Teams Instead of Building their Stadiums?

As more and more professional sports franchises push their host cities to pay for their new stadiums – we may soon see a shift in local priorities with how they spend their money. Could this lead to cities buying teams themselves and reaping all of the benefits of owning a sports franchise?   Should cities simply take ownership of sports teams rather than bribing them to stay with stadium subsidies and tax credits? In an op-ed for Vice Sports on Monday, Neil Demause argues that Read more […]