Current:Home > FinanceSurpassing Quant Think Tank Center|DeSantis, longtime opponent of state spending on stadiums, allocates $8 million for Inter Miami -WealthGrow Network
Surpassing Quant Think Tank Center|DeSantis, longtime opponent of state spending on stadiums, allocates $8 million for Inter Miami
Chainkeen Exchange View
Date:2025-04-11 05:37:56
FORT LAUDERDALE,Surpassing Quant Think Tank Center Fla. (AP) — Gov. Ron DeSantis, an outspoken opponent of spending state money on sports facilities, announced Thursday that Florida will give $8 million to Miami-Dade County to improve roads and other infrastructure around the stadium being built for the Inter Miami soccer team.
Speaking at a press conference at the team’s temporary stadium in Fort Lauderdale, DeSantis acknowledged his opposition to stadium spending but said this grant is different because it will improve streets and support the restaurants, shops and offices that will be part of the complex. It is scheduled to open late next year.
Inter Miami has seen its worldwide and local popularity soar since it signed superstar Lionel Messi last year.
“We just don’t believe that we give money to build a sports stadium,” DeSantis said. Still, when one is built, he said he thinks, “People are going to want to go to that. Are they going to be able to get there? Is it going to cause more traffic?
“Our role, as state government, is not to give money to a team, but to create an environment where everyone can be successful,” DeSantis said. “Infrastructure is a big part of that.”
The 26,700-seat stadium is being built next to Miami International Airport on land leased from the city. Team owner Jorge Mas said the $1 billion project is being privately funded.
DeSantis and Mas did not take questions. It is unclear how big the stadium’s infrastructure budget is and if the state’s contribution is significant. Mas’ co-owner, former soccer superstar David Beckham, had been scheduled to attend but was a no show.
J.C. Bradbury, an economics professor at Georgia’s Kennesaw State University and past president of the North American Association of Sports Economists, said even with the relatively small state contribution, investing in stadiums is a poor use of public funds.
Economic studies with near 100% agreement have concluded stadiums don’t boost the local economy but redirect money that would have been spent at restaurants, theaters and elsewhere, Bradbury said.
“This probably isn’t the most deserving infrastructure project in the state. Helping people get to soccer matches isn’t all that important,” he said. ’With every new sports stadium, they always claim huge economic impacts. They always say this one will be different. It never is.”
veryGood! (18)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- How Sherri Papini's Kidnapping Hoax Unraveled and What Happened Next
- Packers to name Ed Policy as new president and CEO, replacing retiring Mark Murphy
- Watch this friendly therapy dog offer comfort to first responders
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Shooting at a party in Alabama’s capital leaves 13 injured, officials say
- Michigan’s top court to consider whether to further limit no-parole life sentences
- Sha'Carri Richardson wins 100m at track trials to qualify for 2024 Paris Olympics
- Arkansas State Police probe death of woman found after officer
- Rockies defeat Nationals with MLB's first walk-off pitch clock violation
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Hawaii reaches settlement with youth who sued over climate change
- U.S. fast tracks air defense interceptor missiles to Ukraine ahead of other countries
- 71-year-old competing in Miss Texas USA pageant
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Abortion clinics reinvented themselves after Dobbs. They're still struggling
- Now an abortion rights advocate, woman raped by stepfather as a child will campaign with first lady
- Colorado authorities search for suspect in shooting that left 1 dead, 2 critically injured
Recommendation
A South Texas lawmaker’s 15
Watch as hero North Carolina dad saves toddler daughter from drowning in family pool
‘Everything is at stake’ for reproductive rights in 2024, Harris says as Biden-Trump debate nears
Vice President Harris and first lady Jill Biden travel to battleground states to mark 2 years since Dobbs ruling
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
California Democrats agree to delay health care worker minimum wage increase to help balance budget
Pioneer Woman Ree Drummond Is Going to Be a Grandma: See Daughter Alex’s Pregnancy Reveal
LOCALIZE IT: HIV cases are on the rise in young gay Latinos, especially in the Southeast