Does a new stadium make economic sense?
EconoMeter panel acknowledges the PR element, parses the economics
Roger Showley, U-T SAN DIEGO
Friday, February 20, 2015
Kelly Cunningham, National University System
There are economic benefits for building a new stadium, although not nearly as much as some espouse since it largely recirculates limited entertainment spending. Costs to build and maintain the stadium should at least be revenue neutral or self-sustaining, besides merely provide a venue for pro football. At least 10 NFL games and eight college games are maintained (six SDSU and two bowl games), plus once-a-decade Super Bowl. Keeping it in Mission Valley is the best option because of relatively lower expense, it perpetuates the existing use, and it is far faster to build, with fewer bureaucratic complexities and much infrastructure already in place.