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January 11, 2005

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What can a local government (city or state) do to align its economic interests with those of a pro sports franchise so that it stands to benefit economically from shelling out millions for new stadia and infrastructure? An arrangement that is clearly mutually beneficial seems like it could work well for both sides as taxpayers don’t feel fleeced by their teams’ owners and the owners benefit from public funding and a fan base that is now financially (in addition to emotionally) invested in the team’s success.

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