No stadium scam
Monday - 04Feb2019 Filed in: Politics&Free Markets
Super Bowl-Bound L.A. Rams Are Building the NFL's Most Expensive Stadium, Without Public Money
““Stan Kroenke, the Rams' owner, is financing the project with more than $1.6 billion of his own money and a massive loan from the NFL's other owners. He plans to profit off not just ticket sales and concessions at Rams games, but by renting all that office and retail space. He'll have another major tenant as well: the NFL's Los Angeles Chargers. They will pay just $1 per year in rent, but having two teams share the stadium doubles the number of home games on the schedule—and, presumably, the number of fans spending their money at Kroenke's complex (but make your own joke about the Chargers' lack of fans)””
— Eric Boehm
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