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24/7 Wall St.: Cities Paying The Most For Sports Teams

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3. Cincinnati

Public per capita stadium cost: $543
Population: 2,137,735 (27th largest)
Number of major league teams: 2
Number of stadiums: 2

The total cost to the public for building and maintaining Cincinnati’s two stadiums was close to $1.2 billion through 2010, behind only the much larger cities of Houston, Phoenix and Dallas. Great American Ballpark, built in 2003 and home to the Cincinnati Reds, cost the city $489 million through 2010. But an even worse deal for taxpayers was Paul Brown Stadium, which hosts the NFL’s Cincinnati Bengals, on which the public spent $706 million as of 2010. This was the most spent on any NFL stadium except for Indianapolis’ Lucas Oil Stadium. According to a 2011 report by The Wall Street Journal, Hamilton County is responsible for almost all operating costs and structural improvements. The county also agreed to “foot the bill for high-tech bells and whistles that have yet to be invented, like a ‘holographic replay machine.”

(AP Photo/Al Behrman, File)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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