Apparently Minnesota is in the final running for the NCAA Final Four, which will be held at the brand spankin’ new Vikings Stadium brought to you by taxpayers of Minnesota.
I’m not sure how much we’ll wind up paying for the NCAA’s, hopefully slightly less than we did for the Super Bowl. On the radio this afternoon there was a dialogue about great this stadium is going to be and how fantastic it was that were even able to get the game. And now the NCAA, imagine that.
And just when you thought it was safe to reach into your wallet, I heard today that the Stadium Commission is going after the NCAA Championship Football Game.
Next target for the sports commission, the NCAA Football Championship Game. I can’t wait to learn how much that little event is going to cost in concessions and tax nreaks…
I can only imagine.
There’s a glimmer of hope out there…
Last week the Norwegian Government informed the International Olympic Committee (IOAC) that the city of Oslo would be withdrawing their bid for the 2022 Winter Olympics. Reason cited, lack of public support. Turns out they weren’t the first city to back out of hosting the Olympics, Krakow Poland and Stockholm Sweden also pulled out due to lack of political support. Which leaves Beijing China and Almaty Kazakhstan. So, we got one city that’s 150 miles away from the nearest mountain and another that’s 5 connections from any civilized airport in the world.
Turns out, Olympic demand ain’t what it used to be. The Sochi Olympics cost Russia a cool $51B. All at public expense. St. Moritz and Munich pulled their bids early after public uproar about spending tax dollars to pay for what is essentially big business sport.
I wish we had the same public angst here in the US about this stuff.
So what exactly do we get out of these events? A little exposure for Minnesota. A few temporary jobs and that’s about it. Not many of us commoners are going to going to these games. We’ll pay for them with taxes and subsidies.
Ironic given the ad revenue and TV contracts that these leagues are pulling in.
With the NCAA it’s even more disgusting given that they don’t event pay their performers. It’s all about the dollars and the cash flow, flowing from our pockets to theirs.