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Wait – You Mean Taxpayers DON’T Have to Pay for Stadiums?
Wait – You Mean Taxpayers DON’T Have to Pay for Stadiums?
Nov 24, 2024 3:22 PM

Refreshing news from Major League Baseball:

In the interest of full disclosure, I have to say, I have loved the Oakland Athletics for a long time now. I love how they are the anti-Yankees, consistently fielding winning teams despite having one of the lower payrolls in the game, and losing superstar after superstar to richer teams. I love their plucky spirit and their annual belief-defying August winning streaks. I love Billy Beane’s flair for the dramatic. I love that they wear white spikes with white pants and that their symbol is a circus elephant. I love that most seasons, their players more closely resemble a beer-league softball team that should have a keg at second base to help guys like Matt Stairs, John Jaha, and Nick Swisher continue to pad their magnificent beer guts, than a major league team.

But now I love them even more.

Because the A’s are going to e the first team in a decade to build a new stadium entirely financed with private funds. The plan is pure genius – get land basically for free from Cisco Systems in exchange for stadium naming rights, and raise funds for construction using private venture capital in exchange for mercial real estate around the new stadium. It’s a stadium that pays for itself! It seems so obvious – why didn’t anyone think of this before?

And yes, I am proud to be the first PowerBlogger to credit for a story.

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