(Conservative Review) — The MLB playoffs have started and the 2016 World Series is only a few weeks away. You may know every single fact and statistic about your favorite team and players, but do you know you paid for their stadium?
Much like the NFL, the MLB has seen 13 years of unprecedented revenue growth. The league as a whole is estimated to see revenues of about $9.5 billion this year, while the average ticket price has increased 7.1 percent.
In the past 20 years, 20 MLB stadiums have been built, and nearly every single one has benefited from taxpayer dollars. (AT&T Park, where the San Francisco Giants play, is the exception.)
Let’s put how much money we’re talking about into perspective.
As USA Today previously reported, the cumulative cost, as of 2010, for the construction and renovation of the five major sports leagues’ facilities (MLB, NBA, NFL, NHL, MLS) was an estimated $43 billion — half of that coming from taxpayers.
