Many people have spent a summer night or a Sunday afternoon at the ballpark or stadium watching their favorite teams. These stadiums are an integral part of a professional sports franchises operations. In recent years there has been a surge in new stadiums being built by teams as they take advantage of the willingness of cities to provide public financing. Since 2000 there have been 17 new stadiums built for National Football League and Major League Baseball teams. . In addition, several teams are in discussions for the building of new stadiums in the next few years. .
Of those 17 new stadiums only one, SBC Park in San Francisco, was built entirely with private funding. . Sports teams have on average have been able to get 70% of the costs of building a new stadium financed through public funding. . This generally allows sports franchises