Another article of mine was reprinted on Reason’s website, detailing the push for Tampa Bay taxpayers to pick up the tab for a new baseball stadium.
Reason is a libertarian magazine that features great commentary and analysis on the pressing issues of our day.
Enjoy:
Whether or not they’re fans of baseball, residents in Tampa and St. Petersburg have the opportunity of a lifetime to become investors in the future of America’s pastime.
They’ve been told to imagine a sprawling ballpark with a retractable roof, enviable seating capacity, and a prime location in Tampa that would make attract baseball teams and fans from all around.
The catch?
Taxpayers will be expected to shell out close to $400 million in order achieve such a dream, notwithstanding overrun costs to expand infrastructure and parking garages around the new stadium.
The pitch was unveiled in the Bay Area Baseball Stadium Finance Summary, a joint project of the St. Petersburg Area Chamber of Commerce and the Greater Tampa Chamber of Commerce intended to “educate” local citizens of the financial and social benefits of investing in such a venture.
Though the Tampa Bay Rays already enjoy a fully functional stadium, Tropicana Field, opened in 1990 in downtown St. Petersburg, complaints about less than ideal attendance and location have dogged the team’s fate and invited talks of moving the team across the bay.
Read more: Reason.com