Not really. Well, let me amend that. If you have to build the stadium to attract the team then the government that does this is unlikely to get its money back out of the deal. The question then becomes whether in fact they get prestige and bragging rights and if so how much those are worth. The study I read on this was talking about -- say -- the Oakland Raiders, but I suspect the model is much the same for college football. Possibly improves alumni donations.
(and the above assumes that the team actually stays in town) On Wed, Jun 20, 2012 at 5:44 AM, GMoney <[email protected]> wrote: > > On Tue, Jun 19, 2012 at 10:31 PM, Maureen <[email protected]> wrote: > > > What I did see increase dramatically at the universities was spending > > on Athletics. But you can hardly call that a social program. > > > > No, i'd call that a cash cow...at least for the larger universities with > established football programs. > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:352217 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
