Losing A Team Can Tear The Heart Out Of A Community, But At What Price?
The article discusses the emotional and economic implications of losing a professional sports team in a community. It highlights that while public funding for stadiums is often debated, the real issue lies in the lack of choice for communities when teams threaten to relocate. The departure of a team can leave lasting scars, as seen with the Oakland A's and other franchises that have moved over the years.
- ▪Public funding for stadiums is often controversial, with many communities feeling they have no choice but to invest.
- ▪Teams frequently relocate if communities do not agree to fund new facilities, as seen with the Chargers and the A's.
- ▪The emotional impact of losing a team can be profound, leaving communities longing for their former franchises.
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BusinessSportsMoneyLosing A Team Can Tear The Heart Out Of A Community, But At What Price?ByBarry M. Bloom,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Boomskie on BaseballFollow AuthorMay 27, 2026, 05:26pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Petco Park opened in San Diego in 2004 at the cost of $450 million after much negotiation between the franchise, city and members of the community. (Photo by Matt Thomas/San Diego Padres/Getty Images)Getty ImagesHaving covered ballpark, stadium and arena construction in the U.S. since the 1990s, I can’t argue with the economists.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Forbes — Business.
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