NFL Stadium Economics and Funding

The video explores the funding and economic impact of NFL stadiums, highlighting that most are built with public money despite being privately owned. It questions the economic benefits promised by new stadiums, suggesting that public funds could be better spent on infrastructure benefiting the wider community. The video also discusses the civic pride associated with having a local NFL team, which often leads cities to fund stadiums despite the financial burden. The conclusion suggests that as long as cities desire teams, taxpayers will continue to fund stadiums.

What is the primary source of revenue for NFL teams from their stadiums?

• Merchandise sales

• Television rights

• Public funding

• Ticket sales

How often is a new NFL stadium typically built?

• Every year

• Every 2 years

• Every 10 years

• Every 5 years

What is the average lifespan of stadiums built in the '70s and '80s?

• 30 years

• 20 years

• 25 years

• 15 years

What do NFL owners claim a new stadium will bring to the local economy?

• Increased tourism

• Reduced traffic

• Higher taxes

• More public parks

According to an urban planning economist, what is a better investment than stadiums?

• Public transportation

• Roads and infrastructure

• Luxury hotels

• Shopping malls

What financial benefit do team owners gain from new stadiums?

• Reduced player salaries

• Higher profits from luxury suites

• Increased merchandise sales

• Lower maintenance costs

What percentage of seats are premium in the Cowboys' stadium?

• 25%

• 50%

• 33%

• 40%

Why do cities often agree to build new stadiums despite the cost?

• To increase local taxes

• To boost local tourism

• To reduce unemployment

• To maintain civic pride

What happens when cities refuse to build new stadiums?

• Teams lower ticket prices

• Teams increase player salaries

• Teams reduce merchandise prices

• Teams threaten to relocate

What is the ongoing trend regarding public funding for stadiums?

• It is decreasing

• It remains constant

• It is being replaced by private funding

• It is increasing