Stadium subsidies for teams in cities from Buffalo, New York, to Arlington, Texas, have sparked similar heated discussions in statehouses across the country in recent years.
A last-minute bill in Nevada’s 2016 special session paved the way for $750 million in public assistance for Las Vegas’ Allegiant Stadium, home of the Raiders. T-Mobile Arena, home to the Las Vegas Golden Knights, opened to the public that year with no public assistance.
Presenters projected $900 million in annual construction wages and $17 million in tax revenue from operations each year in a study run by firms including Goldman Sachs, and funded by the Athletics. They said the state’s general fund would increase from the project. Some lawmakers flatly said they were not in favor of the bill, or indicated that the proposal is a hard sell.
In testimony, building trade unions and commerce organizations said the construction would provide access for local employment. Many brought up positive revenue, new jobs and the potential to make Las Vegas the "sports capital of the world."
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