Field of Schemes : How the Great Stadium Swindle Turns Public Money into Private Profit

Cagan, Joanna, De Mause, Neil

ISBN 10: 1567511384 / ISBN 13: 9781567511383

Published by Common Courage Press, 2002

Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 1446436-75

Synopsis:

Are you a sports fan distraught over your home team's move to another city? Or someone whose city has just lured a team to your home turf with a brand new stadium? Or maybe you don't follow sports, but as a taxpayer are outraged over cutbacks in school funding and other services.
Forget about the false tales of "welfare queens" who supposedly rode around in Cadillacs. Field of Schemes introduces you to some real welfare kings.
A used-car salesman turned baseball owner promises to pay for a new stadium out of his own pocket, if the state government just agrees to move a highway to clear the land. Several backroom deals later, the state is raising a quarter-billion dollars towards the stadium costs - and the team owner is getting his stadium scot-free.
The billionaire co-founder of Microsoft wants to buy a football team, but only if the state will build him a new stadium first. So he pays the $4 million cost of a referendum - even as his camp spends millions more in advertising to make sure he wins. In exchange, he gets at least $300 million in public money to build his team's new home.

Synopsis: Details how taxpayers, urban residents, and sports fans come out losers, and stadium and team owners come out winners when new stadiums are constructed. The authors investigate politicians' pandering to big businesses, taxpayers paying for the construction of ballparks that will benefit wealthy owners, and various tax breaks for owners and tax hike

Bibliographic Details

Title: Field of Schemes : How the Great Stadium ...
Publisher: Common Courage Press
Publication Date: 2002
Binding: Soft cover
Condition: Good
Edition: 2nd Edition