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Federal Subsidies for Private Sports Stadiums
Source: Brookings Institute
Tax-free municipal bonds saved sports teams and cost the federal government $3.7B between 2000-2015. The New York baseball teams were the biggest beneficiaries.
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MLB
Cincinnati Reds $142M
Houston Astros $78M
Miami Marlins $132M
Milwaukee Brewers $117M
Minnesota Twins $91M
New York Mets $214M
New York Yankees $492M
Philadelphia Phillies $68MSan Diego Padres $68M
Washington Nationals $107M
$1,594M
NFL
Arizona Cardinals $94M
Chicago Bears $205M
Cincinnati Bengals $182M
Dallas Cowboys $88M
Denver Broncos $54M
Green Bay Packers $35M
Houston Texans $147M
Indianapolis Colts $214M
Minnesota Vikings $65M
Philadelphia Eagles $68M
Pittsburgh Steelers $44M
Seattle Seahawks $101M
$1,304M
NBA
Brooklyn Nets $81M
Charlotte Hornets $65M
Dallas Mavericks $22M
Houston Rockets $112M
Memphis Grizzlies $87M
Orlando Magic $93M
San Antonio Spurs $44M
$504M
NHL
Detroit Red
Wings $50M
New Jersey Devils $60M
New York Islanders
$80M
Pittsburgh Penguins
$65M
$300MDetroit Tigers $41M
Pittsburgh Pirates $44MDetroit Lions $7M
Arizona Coyotes
$23M
Dallas Stars $22M
Total = $3,702M