Public-private partnerships, professional sports teams, and the protection of the public`s interests
By: KENNEDY, Sheila
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Contributor(s): ROSENTRAUB, Mark.
Material type: 
ArticlePublisher: 2000The American Review of Public Administration 30, 4, p. 436-459Abstract: Across the past 15 years, governments have invested more than $10 billion in the playing facilities used by professional sports teams to produce a set of tangible and intangible benefits. Too often, after making substantial commitments, communities receive new demands for increased subsidies. If these increasing demands are not satisfied, teams frequently move to other cities. Taxpayers and sports fans are then left with unused facilities, debt obligations, and reduced quality of life. If the public sector devotes tax revenues to generate intangible benefits and increased business activity in certain locations, communitis are entitled to adequate safeguards to protect their investment. Various governments have attempted to use different leasedhold provisions to protect their stake in the partnerships developed with teams. These tools and their inadequacies are reviewed. It is then argued that the use of the power of eminent domain is needed to protect the public`s interests
| Item type | Current location | Collection | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Periódico | Biblioteca Graciliano Ramos | Periódico | Not for loan |
Across the past 15 years, governments have invested more than $10 billion in the playing facilities used by professional sports teams to produce a set of tangible and intangible benefits. Too often, after making substantial commitments, communities receive new demands for increased subsidies. If these increasing demands are not satisfied, teams frequently move to other cities. Taxpayers and sports fans are then left with unused facilities, debt obligations, and reduced quality of life. If the public sector devotes tax revenues to generate intangible benefits and increased business activity in certain locations, communitis are entitled to adequate safeguards to protect their investment. Various governments have attempted to use different leasedhold provisions to protect their stake in the partnerships developed with teams. These tools and their inadequacies are reviewed. It is then argued that the use of the power of eminent domain is needed to protect the public`s interests
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