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Reason
Reason
Alexandra Stinson

There Are No Good Reasons To Subsidize Sports Stadiums. Governments Keep Doing It Anyway.

This year's Super Bowl between the Seattle Seahawks and the New England Patriots will feature several interesting story lines: Sam Darnold's redemption arc, Mike Vrabel's coaching job, and the Seahawks hoping to avenge themselves for the infamous Malcolm Butler interception. With the betting line in Seattle's favor at press time, it seems the public is hoping to cash in on a Seahawks win. But there are reasons why freedom-loving football fans should be cheering for New England: the Patriots are one of a handful of NFL teams that play home games in a privately funded stadium.

Of the NFL's 32 teams, only five—the New York Giants, New York Jets, Los Angeles Chargers, Los Angeles Rams, and the Patriots—did not receive government subsidies to build their home stadiums. While it may now be common for ultrarich team owners to receive lavish subsidies to build new stadiums or upgrade existing ones, this hasn't always been the case. "Almost all stadiums that were built at the beginning of the 20th century were private stadiums," economist J.C. Bradbury recently explained to Reason's Eric Boehm. Up until recently, "owners would have been laughed at if they went to the local city council or county commission and asked for money to help them build a stadium," Bradbury adds.

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