- Mar 20, 2000
- 102,402
- 8,573
- 126
Please correct me if I'm wrong... I hear this argument all the time, but logically I think to myself "well, if people didn't spend their discretionary income on basketball, they will just find something else to spend it on. They won't horde it just because there is no bball".
Am I wrong?
no, you're not. even the most pro-new-stadium studies show that the money just shifts from one entertainment venue to another within a region. better studies tend to show slight decrease in regional economic activity due to new stadiums.