New Sports Stadiums Proliferate, Business and Industry Trends Analysis

American sports stadiums have historically been built using large amounts of local taxpayer dollars, voted in by fans willing to bear part of the burden for hosting a professional team.  Demand for new, climate controlled facilities with cutting edge video and sound systems and ever-widening selections of dining venues continues to grow in major cities in the U.S. and elsewhere. In Arlington, Texas, the Texas Rangers baseball franchise replaced its 22-year old stadium with a new $1 billion ballpark, featuring a retractable roof, just as the Coronavirus pandemic of 2020 began.  The cost is being split between the team and…

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