NASCAR is taking deposits for a 2024 Chicago race. But will the city have it back?
Some Chicago officials and businesses wave a caution flag on bringing back NASCAR, saying a thorough evaluation comes first.
Source: wsiu.org
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Cities in Denial: The False Promise of Subsidized Tourist andEntertainment Complexes
The question of whether to subsidize a professional sports facilityis a contentious one wherever raised.
Source: heritage.org
Why critics say Lightfoot's NASCAR deal is a wreck
Interviews with Chicago City Council members, experts and a WBEZ analysis of the contract show minimal financial benefit to the city and few specifics about who pays for related costs, such as security and clean up.
Source: suntimes.com
Kojo Quartey: World Cup economics: winners, losers and big money
Potential hosts should consider whether the World Cup is an honor or a burden.
Source: monroenews.com
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Chicago Bears: New stadium excites fans, but economists skeptical
Economists who’ve studied the issue say public funding for such sports stadiums and related development are usually a bad deal for taxpayers.
Source: chicagotribune.com