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Syracuse Athletics
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David Rubin critical of stadium building as a form economic development
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[QUOTE="Millhouse, post: 936071, member: 78"] most economic impact studies don't consider the stadium related revenue might get spent elsewhere in the city/county/state. i think ignoring substitution tilts too far in favor of building vs renovating i don't know what the right assumption is for how much comes in from outside the city/county/state and how much just gets spent on something else. i just know that the spending that gets simply shifted from different places in the same jurisdiction is a lot higher than the typical economic impact assumption of zero the government(s) could factor this lost sales tax revenue in the amount that they're willing to give SU for the renovation. the problem is that SU doesn't have enough skin in the game. they might be willing to take a smaller renovation subsidy rather than a larger new stadium subsidy if it meant that SU had to spend less out of their own pocket. [/QUOTE]
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David Rubin critical of stadium building as a form economic development
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