Congrats San Diego, you win by losing Chargers →
The people of San Diego won by losing. Chargers owner Dean Spanos did the corporate equivalent of taking his ball and going home Thursday, bolting for Los Angeles because San Diego residents had balked at building his team a fancy new stadium. Imagine the nerve of those people! Refusing to spend millions for a stadium that, studies have shown, would likely end up costing taxpayers more than what is originally estimated while providing less in return.
For a team owned by a family whose net worth was $2.4 billion as of Thursday, according to Forbes, no less. Yes, billion. With a B.
Emphatically seconded. Sports owners need to fund their own opulent stadiums. And if they don't think it's a good investment, why should taxpayers be expected to pay?
This entry was tagged. Government Greed Spending