The study by a team at the University of Dayton says the venues more often than not pay for themselves and that the money to finance them initially should be from private funding.
Marc Poitras and Larry Hadley, economic professors at the university, studied 13 venues built between 1989 and 2001 as part of the study.
Said Hadley: “The bottom line is that these new stadiums generate sufficient revenue to pay for themselves.
“If the stadium pays for itself internally, that should be sufficient motivation for the owners to build it.''
