Sports Stadium Madness: Is Fan Ownership the Answer?

Sports stadium subsidies impose a huge cost to society. Unearned rent being held onto by professional sports franchises, made possible largely by public subsidies for new sports stadiums and arenas, is a huge injustice and deadweight loss to the nation. End the subsidies and enlarge the ownership of teams through fan ownership, and you end the injustice of more than $1 billion a year going to a small group of team owners and professional athletes.

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