List some forms of public subsidies of professional sport franchises
Next, watch the following video: https://www.youtube.com/watch?v=iFr_MlBi7Eg&feature=related.
Now please watch this video: https://www.wired.com/2015/11/check-out-a-reimagined-nfl-stadium-for-the-future/?utm_source=%23SportsDaily&utm_campaign=cbc0d37690-HSD_Nov19_2015&utm_medium=email&utm_term=0_3f77fb2fcb-cbc0d37690-309862613
Now read the following article: https://www.thenation.com/article/162400/why-do-mayors-love-sports-stadiums#
Ok, no more videos or articles to read. Are all these public subsidies for stadiums and arenas in the U.S. and around the world worth the extra taxes? So address the following issues (You can concentrate on a particular stadium or arena of a professional sports city if you would like):
•Discuss the opportunity costs of the public subsidies of a city
•Discuss the Psychic Income of having a stadium or arena in your city
•List some forms of public subsidies of professional sport franchises/stadiums
•What are some of the positives and negatives of the various forms of public subsidies of professional sport franchises/stadiums
You are to use at least 3 references to formulate your initial reply.