I had a few minutes so I analyzed the hotel revenue generated by Portland sports teams. For the Blazers: about $1.6m total over the 41 home games in a season. Thatโs not much of a reason to plunk down a $600m subsidy.
@jc_bradbury The Club WC matches played in ATL last year had no positive hotel effects. There are other possible ways for host cities to benefit but the benefit is unlikely to be large if hotel effects are 0.
No, this is one of the few good moves out of IL, which I agree is poorly governed. The failure here however is INโs ponying up an unjustifiable billion dollar subsidy to attract the Bears.
๐ฉ In Russia, a truck carrying manure overturned onto a brand-new BMW.
The entire load spilled directly onto the car.
Looks like someone just put the phrase โmoney doesnโt stinkโ to the test.