Sports, Jobs, and Taxes: The Economic Impact of Sports Teams and Stadiums

Last updated October 31, 2026

By Roger G. Noll, Andrew Zimbalist

Economists Roger G. Noll and Andrew Zimbalist edited this Brookings Institution volume on publicly financed stadiums and arenas. Its contributors ask whether new facilities deliver the economic benefits that team owners and local officials promise. Through national analysis and case studies of individual cities across the United States, they find that public subsidies for sports facilities rarely pay off in new jobs, faster growth or higher tax revenue for the communities that fund them.

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