You have been hired by a large Midwestern city to serve as a sport finance consultant. The city has just
been notified by the local Major League Baseball team that they are demanding a new stadium, or else they
will look to relocate the franchise. The team is not being totally unreasonable, and promises to privately
finance 25% of the $600 million projected cost of the new facility. The city would like your recommendations
regarding public financing options for the balance of $450 million. What are the advantages/disadvantages of
each option and which you would recommend for the city? Be very specific and be sure to research recent
stadium financing to justify your recommendations.
This is my textbook, please use some info from here:
Brown, M.T., Rascher, D.A., Nagel, M.S., & McEvoy, C.D. (2010). Financial management in the sport
industry. Scottsdale, AZ: Holcomb Hathaway. ISBN-13: 978-1-934432-04-4