
Utah Public-Private Stadium Deals Highlight Growing Trend Roiling Conservatives
SALT LAKE CITY—Despite more than 130 studies compiled over decades confirming that use of public monies to build or subsidize private sports venues rarely produce the promised return on investment for taxpayers, local and state governments across the United States are dipping into their coffers to do just that. The latest: the Utah Legislature in Salt Lake City, during its 45-day 2024 session that concluded on March 2, agreed to kick in nearly $2 billion in public funding in public-private redevelopment projects to build a National Hockey League (NHL) arena and Major League Baseball (MLB) stadium. Lawmakers on Feb. 28 approved House Bill 562 in a 51-21 House vote and 25-4 Senate tally to contribute about $900 million in public monies to create the Utah Fairpark Area Investment and Restoration District, a $7 billion venture anchored by a new stadium to draw a team when MLB expands in 2030s....
