Posted on March 19, 2014 at 12:00 PM
“I am proud that we stood firm in refusing to use public money to subsidize stadium construction,” said Oakland Mayor Libby Schaaf in reaction to the decision of the National Football League (NFL) to allow the Oakland Raiders franchise to relocate to Las Vegas, Nevada. The NFL owners voted 31 1 to approve the move, in which the Las Vegas taxpayers will cough up $750 million in public funds to “assist” Raider owner Mark Davis in building a new stadium. The NFL owners regularly demand multi million subsidies from municipalities to build new stadiums, or remodel old ones. Judith Grant Long, an urban planning professor at Harvard, stated that about 70 percent of the bill for these sports complexes are paid for by local taxpayers. Long also contends that 13 teams have garnered an actual profit off stadium subsidies, receiving even more money than what it costs to build the stadiums.