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This One Will Be Different: False Promises and Fiscal Realities of Publicly Funded Stadiums

Autor J.C. Bradbury
en Limba Engleză Hardback – 17 oct 2026
For more than a century, America's sports stadiums have evolved from modest, private ballparks into billion-dollar play-palaces for the rich-built increasingly on the backs of taxpayers. Government commitments to major-league venues are approaching $50 billion, and a looming wave of new construction threatens to double public outlays by the end of the next decade. Elected leaders justify the massive subsidies by arguing that stadiums are economic catalysts, despite overwhelming evidence that sports venues are unwise public investments. Why does this keep happening? The refrain is always the same: This one will be different. The Atlanta Braves's Truist Park in Cobb County, Georgia is the latest example. Marketed as a game-changing mixed-use development that would create a year-round economic hub, the project has fallen far short of its boosters' lofty projections-just like all the venues that came before it. In This One Will Be Different, sports economist J.C. Bradbury draws from decades of academic research and his up-close and personal experiences with the Cobb Braves stadium deal to elucidate why publicly funded venues never deliver on their promises. Moving beyond the standard explanations of monopoly leagues and special-interest lobbying, Bradbury reveals how pliable politicians-drawn to the prestige and perks of professional sports-buck the will of their constituents to approve increasingly generous taxpayer handouts to billionaire team owners. Authoritative yet accessible, this book blends economic analysis, political insight, and vivid storytelling to examine why politicians continue to fall for the stadium grift and presents practical steps for reform. Bradbury argues that improved transparency, greater understanding, and giving voters a direct say at the ballot box have the potential to break the stadium subsidy cycle.
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Specificații

ISBN-13: 9780197820216
ISBN-10: 0197820212
Pagini: 440
Ilustrații: 39 b/w line drawings; 22 b/w halftones
Dimensiuni: 156 x 235 mm
Editura: Oxford University Press
Colecția OUP USA
Locul publicării:New York, United States

Notă biografică

J.C. Bradbury is Professor of Economics at Kennesaw State University, which is located a few miles north of Truist Park in Cobb County, where his family has lived for generations. He's one of the country's leading sports economists, publishing numerous academic journal articles on the economics of sports, and the author of The Baseball Economist and Hot Stove Economics. He is the past-President of the North American Association of Sports Economists and serves as an associate editor for Journal of Sports Economics.

Cuprins

  • 1: Introduction: We're Going to Build a City
  • The Problem
  • 2: The Homes of the Braves: Atlanta Becomes Major League
  • 3: America's Addiction: The Path to Stadium Mania
  • 4: The Seen and the Unseen: Economics of Stadiums and Broken Windows
  • 5: The Stadium Replacement Cycle: What Will the Next Construction Wave Cost?
  • 6: Disposable Stadiums: Selling More Than a Ballgame
  • 7: Other People's Money: Incentivized Opulence
  • This One Will Be Different
  • 8: The Braves Way: Crossing Lester Maddox's Bridge
  • 9: It Takes a Ballpark Village: Mixed-Use and Zero-Sum
  • 10: How to Make 300 Million Disappear: Fiscal Illusion
  • 11: Merchants of Hope: Spreading Pseudo-Economics
  • Taking Inventory
  • 12: The Rooster and the Sun: Understanding Causality
  • 13: A Home Run for Cobb?: Return on Investment
  • 14: If You Build It, Who Will Come?: The Visitor Economy
  • 15: You Can't Put a Price on a Billion-Dollar Stadium: Intangible Public Goods
  • 16: Nobody Goes There Anymore, It's Too Crowded: Development Externalities
  • 17: Is There an Economic Case for Public Stadiums?: A Requiem for Market Failure
  • Why Does This Keep Happening?
  • 18: Monopoly Money: Empty Threats and Cheap Talk
  • 19: Snake-Oil Scales: Developing More Than Players
  • 20: The Cocktail Party Consensus: Your Friendly Neighborhood Growth Coalition
  • 21: The Chamber (of Secrets): How the Braves Really Came to Cobb
  • 22: Democracy Interrupted: Politicians versus the People
  • 23: Fake News: Accidental Advocates and Editorial Sycophants
  • 24: Shoot Anything That Flies: Doing "Economic Development"
  • Denial
  • 25: Ex-Post Parley: Experiencing the Braves Way
  • 26: Moving the Fences In: If You Torture the Data Long Enough, It Will Confess
  • 27: Shilling for a Stadium: Buying Credibility
  • Accepting Responsibility
  • 28: Improving Policy: Kicking Billionaires off the Dole
  • 29: The Road to Recovery: This One Will Not Be Different
  • 30: Appendix A: Historical Database of US Major-League Venues