The Effects of Sports Teams and Stadiums on CitiesAnd if a tax increase came to a city because of a sports team, would that be okay? Obviously not, right? Well, consider being told as a taxpayer and being told it will help the city's economy to build a stadium. However, a tax increase is never welcome, and big companies are selling extraordinary economic growth, and cannot deliver on the promise. Area political leaders, local community leaders as well as owners of professional sports franchises sometimes argue that a sports stadium and professional teams are vital sources of positive economic growth in urban areas. Even though most stadiums and franchises supposedly donate a lot of money to create new jobs and also provide the justification for millions of dollars ranging from hundreds to public subsidies for the construction of an assortment of new professional sports teams in the United States over the past ten years. Despite the outrage, some numbers crunchers have found no evidence of a positive economic impact of professional sports teams and facilities on urban economies. “It's a zero-sum game,” Rolnick said. “In fact, it can be a negative-sum game.” First and foremost, stadiums and teams always seem to be a big contender for positive economic development jobs focused on helping a city's economic growth. However, this is different from other economic improvement devices such as tax credit, sports stadiums, football pi...... middle of paper ...... citizens of the city will socially provide a fantastic nightlife , as well as other entertainment venues can be brought for stadium use. However, selling a stadium in a city claiming economic benefits carries many risks, most likely it will not benefit the city and its inhabitants to have a sports team in your city. References "Stadium numbers don't add up for Fed economist." St. Paul Legal Ledger (April 29, 2004): NA. General OneFile. Gale. Apollo Library. 19 May 2008"Economic development. (From the Library)." Government Finance Review 17.6 (December 2001): 58(1). General OneFile. Gale. Apollo Library. May 19th 2008 ..