#FieldOfSchemes.com

[subsidystadium]

The Kansas City Royals are showing how NOT TO go about asking for taxpayer help with a new ballpark

In November of last year, the Kansas City Royals finally told the world that they would be leaving their current ballpark for a new one in 2030! The plans included the ballpark being downtown and the total cost being around $2 billion. The Royals owner, John Sherman, claimed in a letter to fans that a new ballpark was financially necessary for the team’s future success. He also mentioned that a…

[subsidystadium]

Las Vegas Raiders embarrass themselves with $2.3 billion economic impact claim

Last night, I saw a story that made me literally laugh out loud. The Las Vegas Raiders recently released their 2023 Impact Report. In it, they claim to have had an economic impact on Las Vegas and Nevada that totaled $2.3 billion dollars. Nowhere do they tell us where this number comes from. They even repeat this number again further into the report, but once more do not go into any more details…

[subsidystadium]

Philadelphia CEO has numerous "facts" showing how good a new 76ers arena will be for local residents. Then provides nothing whatsoever.

The Philadelphia Business Journal published quite an interesting viewpoint this week. The article had a decisive pro-76ers slant that included the usual talking points of how a new arena will be an economic monster. But it also had some intriguing takes. Such as a list of “facts” that contained no facts. Let’s start with the author of this piece being a part of the Chamber of Commerce for Greater…