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Message: [QUOTE="OrlandoCuse, post: 21683, member: 115"] Do you really think interest deductions were the primary reason for building new Yankee Stadium? The Vet, Riverfront, Three Rivers, etc all were torn down and replace by new stadiums because of poor design, dated features, lack of character, etc. The "cold" atmosphere of those stadiums was keeping fans away. Declining attendance led to declining revenue. The Yankees had the original Yankee Stadium since 1927 (with a renovation in the mid 70's). Boston has had Fenway Park just as long, Wrigley's been there forever too. I don't buy the argument of "use debt to finance, get a deduction on the interest". Also, I'm not a big Corporate Finance guy, but who says you can't amortize something for longer than 30 years? Are there tax laws prohibiting that? How are they even financing these stadiums? Are they really using loans? You'd think some type of bond would be more popular with investors. [/QUOTE]