Sport facility financing

  Imagine for a moment that the leaders of your community want to build a sport facility in your community. The sport facility will either be an indoor stadium for basketball and hockey or an outdoor stadium for football and baseball. As a sport professional, your expertise is being sought to provide insights into which would be best for your community. You research trends in sport facility financing nationally and begin to form some impressions. Still, you wonder how these national trends might align with the motivations of shareholders in order to generate the capital to build a new stadium and the other factors that might enter into the generation of much-needed financing. Post an explanation of how a recent trend in sport facility financing would influence decisions related to the development of a sport facility and why. In your response, explain the factors that are contributing to this trend. Using a specific example, suggest a strategy for incorporating these factors into an economic impact analysis. In formulating your Discussion post, consider the following: • What are current trends in sport facility financing? • What factors are contributing to public subsidies? • How does the community impact the financing of a sport facility?