The math behind the baseball team's pending sale shows that while stadium subsidies soak taxpayers, they don't seem to make MLB franchises much more valuable.
U.S. Senators Corey Booker and James Lankford want to close a federal tax loophole for the bonds used to finance stadium construction.
How a proposed federal law from 1995 could end America's hopeless addiction to spending billions of taxpayer dollars on sports stadiums.
If Trump fulfills his pledge to eliminate a federal law prohibiting charitable organizations from participating in political campaigns, the nonprofit NCAA will be free to shower sympathetic candidates with cash.
When the Whalers moved to North Carolina in 1997, Hartford's self-esteem took a hit. Two decades later, the city is attempting to lure the New York Islanders, but renovating the XL Center to make that possible could cost more than $250 million.
Rep. Jason Chaffetz, a former BYU kicker, has introduced a bill that would revoke the 501(6)(c) tax-exempt status of "major professional sports leagues."
Donald Trump's proposed tax breaks for private construction investors and contractors could mean additional multimillion-dollar public subsidies for sports stadiums.
The Atlanta Braves' new ballpark was approved in utterly undemocratic fashion and may end up costing taxpayers more than $400 million. Where does it rank in the annals of lousy stadium deals?
When Atlanta's Georgia Dome was built in 1991, it failed to revitalize disadvantaged nearby neighborhoods. Will the forthcoming Mercedes-Benz Stadium produce better results?
St. Louis is closer to giving the Rams $400 million for a new stadium after invalidating a law that gave its citizens final say. Will the team move to Los Angeles anyway?
Scott Walker and others argue that Wisconsin taxpayers ultimately will make money by forking over millions for a new Milwaukee Bucks arena. But—surprise!—the numbers don't add up.