Tuesday, September 20, 2005

Do the math, people 

Let's suppose a certain team builds a stadium for $675 million. Stadia have a useful life of what, twenty years? The team plays eight home games and two really crappy pre-season games (for which you pay full price) per year in the stadium. At the end of 20 years or 200 games, the stadium's value is zero, except as a nice 30-second demonstration of the power of dynamite at the end of the local news.

What is the rental price of an NFL stadium? Your answer is invited in the comments section.

At least the price is down some. And it comes with an assurance of livable wages.