Research a professional team that has renovated or built a new stadium/venue in the last 10-12 years
Paper details:
Research a professional team that has renovated or built a new stadium/venue in the last 10-12 years Boston Celtics
Write a 2-3 page paper (12 point font, double spaced, include images/photos where appropriate) OR create a presentation with slides that answers the following questions
:
Cost of the stadium/venue
When was it built?
Where is it located?
How was the stadium/venue or major remodeling funded?
Private and publicly funded amounts
Were bonds used?
What are the payback amounts, timeframes, and interest rates?
What subsidies did the government provide? (tax breaks, land, etc.)
* Do a thorough search for the information but if you can’t find it please explain that in your paper/slides.
Who owns the stadium/venue? If there is a lease agreement, what is the lease agreement?
Did the team threaten to leave and go somewhere else?
What were the public/political views in support of building the stadium?
What were the views against the building?
If publicly funded, what was the opportunity cost? Meaning, what else could the money to fund it have been used for instead (be specific)?
