If you were to pick out any average Browns fan or Northeast Ohioan off the street, you'd probably get a mixed bag of answers to what's become an increasingly controversial question: What should come of Cleveland Browns Stadium? Let the Haslams relocate to Brook Park with a $2-billion dome (with half coming from the taxpayers of Ohio, Cuyahoga...
"There's zero evidence in 30 years of peer-reviewed academic research that a professional sports team in a city generates any substantial jobs, raises wages, raises income, raises property taxes"
Let the Haslams relocate to Brook Park with a $2-billion dome . Focus on renovating the current one to the tune of $1 billion . Forego costly renovations and instead do the best we can with the current stadium? "What professional sports are good at," he added,"is moving economic activity around to different parts of the city."
It's what seemed to beckon Kazy, who was the face of Council's emphasis of the 1996 Art Modell Law that attempts to protect cities from billionaires seeking to pick up their team and leave, to gather three experts on stadium deals to espouse the starry-eyed Clevelander's wish for a shiny new domed megapalace. Like Nissan Stadium in Nashville. Or Jerry's World in Dallas. Or Los Angeles' behemoth that is AT&T Stadium.
The bottom line for the two visiting professors, who speak regularly against city-subsidized stadium deals, was evident: the billions of dollars that go into inviting a Swiftie World Tour doesn't produce a sound return in investment. They quoted a Chicago economist:"It would be better to drop from a helicopter than invest it in a new ballpark."much more you can do with an indoor stadium," Matheson said."Well, yeah: one more concert here.
City Council Brian Kazy Ken Silliman Haslams Stadium Move News Feature
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