Casino mogul and Republican mega-donor Sheldon Adelson is trying to bring the Oakland Raiders to Las Vegas. But it’ll come at a price for taxpayers.
“We’re only talking about $750 million,” he recently told Yahoo Finance. Only.
This is far from the only time when the NFL came at a big cost to taxpayers and an enormous gain for team owners. Many Atlantic readers are outraged by the trend, including Lori:
In addition to not caring for the safety of their players (in particular CTE [chronic traumatic encephalopathy]), and the NFL’s response, or lack thereof, to domestic abuse and sexual assault, let me add that I stopped watching football because of the greedy owners who cozied up to public officials and raided the coffers to build lavish new, mega stadiums at the expense of real public goods—parks, schools, safe roads and bridges, small business and entrepreneurial investments, clean water, and more.
Here’s Billy, a former Bears fan in Chicago:
The end of the NFL for me came when I read your article on how the NFL fleeces taxpayers [Gregg Easterbrook’s Atlantic essay, “How Taxpayers Keep the NFL Rich”]. My disgust started with the school systems of Chandler, AZ, and Cincinnati suffering so those municipalities can make their bond payments on stadiums that sit empty for 350 days a year. Then you read about all of the different “deals” owners cut with cities to get new stadiums paid for by anyone but themselves.
And if a city won’t pay, like a 3-year old, the owner takes their ball and threatens to run to another city (L.A. until the Rams absconded, now Vegas). Speaking of the Rams, how does the city of St. Louis feel as it watches in horror as the NFL has ripped their financial hearts out for the second time in the last 30 years?
As Bill Simmons said, billionaire owners can build their own fucking stadiums.
A reader in Cleveland, Mark, goes into much more detail about the stadium issue: