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[Seattle Times] 15 years after moving Sonics, now it’s the Thunder asking for publicly funded arena
(www.seattletimes.com)
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Correct.
The leverage a team has over local politicians is enormous.
I wonder what would happen if a politician told the voters that they would sponsor a fundraiser for the team instead of using tax dollars. If the voters want their money to go to the stadium, they can give it directly instead of raising taxes for everyone.
It wouldn't get even close to the amount needed to make a dent
I mean, the packers do it (kinda). They raise 1/10th of what it's needed, but they at least renovate the stadium regularly.
Packers are an exception tho as they are publicly owned.