Submitted by Mechanicallvlan t3_10r681z in springfieldMO
Mechanicallvlan OP t1_j6ugm51 wrote
Reply to comment by Cthepo in City of Springfield to purchase Hammons Field by Mechanicallvlan
Yes, Springfield's $12 million purchase of an existing minor league ballpark [$32 million build cost; ~$50 million adjusted for inflation] and parking lot is definitely comparable to MULTIBILLION-DOLLAR stadium projects in other cities with "median public contribution of $500 million per sports stadium." Good catch, r/springfieldMO.
Cthepo t1_j6uik9m wrote
The economic impact of a minor league sports team is even less than that of a major league sports team. People aren't exactly flying out of state to catch a Springfield Cardinals game nor are things like sports bars and such being built around the team.
I don't mind having a baseball team in town; I like the Cardinals. I'm just not gung-ho about subsidizing billionaires with public tax dollars.
booradly t1_j6x98u7 wrote
If they were smart the Park Board will use it for other functions other than baseball. One thing that always irritated me was the lack of use of the facilities. Come on, host some concerts, have some baseball tournyments, rent it out for weddings or something.
FriendshipIntrepid91 t1_j6uv74z wrote
$12 million to get very little in return in terms of local business revenue.
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