How is a building for a for profit private business a public good?
Why can't the people who want public funding for a new arena just admit that they want it because they want a shiny new arena to go be entertained in and be damned with the cost to them and the public.
It will be less seats, higher ticket price, more profit for the owners and the city most likely will never recoup the costs dumped into it.
There's absolutely no reason why the billionaire owner can't get private investment money, use his own money, borrow from the bank, and charge seat license fees to pay for this.
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