The House that Taxpayers Built: Exploring the Rise in Publicly Funded Baseball Stadiums from 1953 Through the Present
10 Pages Posted: 8 Aug 2009
Date Written: Spring 2009
This Article explains how MLB club-owners use their control over the market for premier, professional baseball to demand free public stadiums. Part I of this Article explains how the United States has moved from having just one publicly funded MLB stadium (pre-1950s) to having over twenty-five publicly funded stadiums (present). Part II shows how, in recent years, MLB club-owners have continued to demand more money from their host cities and how host cities generally succumb to MLB club-owners’ demands.
Keywords: stadium subsidies, publicly funded stadiums, sports law, sports economics, antitrust, sports, law, baseball, baseball stadiums, subsidy, monopoly
JEL Classification: A10, A12, A14, C70, D21, H20, H23, H41, H50, K11, K21, L12, L40, L41, L43, L51,L52, L83, R50, R51
Suggested Citation: Suggested Citation