Professional sports teams and government officials promise tax revenue benefits when taxpayer subsidies are used to build new or renovation stadiums and arenas.
But those benefits consistently do not come to fruition, according to a report from the Tax Foundation.
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The National Football League earned more than $13 billion and distributed more than $400 million in 2023 to each team from national revenue, Sportico reported.
The record distribution comes as teams across the league continue to push for public incentives for new stadiums and renovations.
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The Kansas City Chiefs and Philadelphia Eagles face off Sunday in the Super Bowl, but their competition extends beyond the gridiron to the social media stage, where the two teams are vying, along with the NFL’s other 30 franchises, for followers and engagement on TikTok, the controversial video-sharing app that reportedly has close ties to the Chinese Communist Party (CCP).
Although spy balloons are currently dominating the headlines, the wildly popular TikTok appears to be China’s premier Trojan Horse.
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Over the next nine years, more than half of the stadiums in the National Football League will reach 30 years of age, or the age at which stadiums are generally replaced, according to economist J.C. Bradbury of Kennesaw State University in Georgia.
The model for replacement is trending more toward the taxpayer-supported efforts being pitched for the Tennessee Titans and Buffalo Bills than it is strictly team-owner funded stadiums such as the $5 billion SoFi Stadium in Los Angeles, home of the Chargers and Super Bowl-champion Rams.
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Former head coach of the Las Vegas Raiders Jon Gruden filed a lawsuit Friday accusing the NFL and league commissioner Roger Goodell of launching a “malicious and orchestrated campaign” intent on ruining Gruden’s career.
According to the Washington Post, the lawsuit argues that Goodell and the league engaged in “a Soviet-style character assassination” against Gruden by intentionally leaking old emails that included disparaging language towards women, as well as racist and homophobic comments.
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For the 2021 football season, the National Football League (NFL) will permit its players to display far-left propaganda on their outfits, and the league will even provide six different phrases for players to choose from for display on their helmets during games, as Fox News reports.
The six phrases that players can have emblazoned on their helmets are: “Black Lives Matter,” “End Racism,” “Stop Hate,” “Inspire Change,” “It Takes All Of Us,” and “Say Their Stories.” In addition, the league will allow home teams to have one of two phrases written across the end zones of their fields: “End Racism” or “It Takes All Of Us.”
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