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RE: LeoThread 2025-02-27 15:17

in LeoFinance2 days ago

Part 5/7:

Moreover, a hard look at historical data presents a grim reality. Academic research conducted over decades reveals that very few of the anticipated economic boons have materialized, with reports suggesting that hosting might even have a detrimental impact on the local economy.

The NFL's Profit Motive

While cities grapple with rising costs, the NFL seemingly reaps the lion's share of the financial rewards. All ticket revenues and a significant percentage of local spending go directly into the NFL's coffers. In essence, local governments unwittingly end up subsidizing a grand spectacle that primarily benefits the league itself, leaving taxpayers to foot the bill.