From Deseret News archives:
Don't put tax dollars into soccer stadium
How about this: Would you consider the stadium, located at 1300 South and West Temple, to be the southern anchor to downtown, or even close to downtown?
We in the media often forget to follow up on the statements politicians make in order to justify public expenditures. In 1993, Mayor Deedee Corradini was disappointed that, for political reasons, she couldn't build the baseball stadium in the heart of downtown, where she hoped it would help energize investment. But she believed the site where it ended up would do wonders for that area, instead, bringing a real return on the investment of public funds.
In part, she was relying on a study by the consulting firm KPMG Peat Marwick, which estimated the stadium would generate about $7 million annually in the community. She said companies, which she declined to name, had shown interest in moving in near the stadium.
In a news story I wrote on May 4, 1993, I quoted her as saying, "I envision 10 years from now the stadium will define the south end of downtown."
Eleven years have passed. You decide.
I'm not trying to bash the former mayor or her consultants. I bring this up only because a bit of history may have relevance if the people of Utah get asked to help build a new soccer stadium.
And they will get asked. My sources tell me the question already is being asked.
Utah scored a major coup last week when Major League Soccer awarded a franchise to a Salt Lake City investor group led by Dave Checketts. The MLS may not be on a par with the NFL or major league baseball, but soccer remains the world's most popular sport, and this will help position the city internationally as the sport grows and blossoms in the United States.
But pro soccer, even at this high level, still is a gamble. Two years ago, MLS killed teams in Miami and Tampa Bay because of a lack of attendance. According to the Bloomberg news service, the Los Angeles Galaxy last year became the first team in the league's history to turn a profit, and that was only $150,000. There are no guarantees people here will flock to the games.
But even if they did, governments have no business spending public funds to build a stadium, even if it's only for part of the costs.
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