Stadium Or Not

A life without the Vikings seems odd to many people, and threat of them leaving is a big reason why people are backing the new stadium. But today it was reported that the Minneapolis is again, after Target Field, going to skirt a voter referendum and raise people’s taxes without their agreement.

The economics argument, when made by stadium backers, says there would be a detriment if a franchise left town. Most other economists disagree with this as seen in other cities.

How much is an NFL franchise worth? Here’s two articles for and against subsidizing for a franchise’s existence:

 

http://www.freakonomics.com/2012/03/13/how-the-nba-takes-money-from-people-who-don%E2%80%99t-like-basketball/

 

http://www.dailynorseman.com/2011/6/7/2210408/moneygrabber-looking-at-the-vikings-value-to-minnesota

What say you?