Workshop: Legal and Economic Issues Surrounding Sports Stadiums and Arenas

Catalog description

A practical workshop examining legal and economic issues surrounding the development of a professional sports stadium or arena and agreements that define the relationship between a community and team and the facility the team calls home. Examines the reasons for the stadium and arena development and renovation boom; public and private partnerships created to build sports facilities; the debate over the use of public funding for facility creation; the economic viability and impact of the development of a stadium or arena in a community; the ways in which sports facilities are financed and funded; sports facility referenda and legislation that enables a community to build a sports facility; the development of a long-term leasehold arrangement between sports organizations and communities, and involving default, retention, relocation and alternative dispute resolution; litigation challenging government participation in financing, the referenda process and team movement; and trends for the future of stadium development in professional sports in the United States.