In an article in The Miami Herald, Victor Matheson, associate professor of economics at the College of the Holy Cross, commented on the National Football League’s Miami Dolphins’ attempt to acquire a tax break in order to spend $400 million on stadium renovations in the hopes of hosting the Super Bowl in 2016.
Sun Life Stadium, which is located in Miami,, could be the home for the big game in 2016, as the city is competing with west coast San Francisco as potential hosts. Based on estimates provided by boosters, the Dolphins expect that they could generate over $300 million in economic benefits for playing such a role, but as Matheson explained, such expectations are incorrect. “Not only is our best guess a fraction of the boosters’ estimates,” said Matheson, “but we are also quite certain that any estimate over $300 million is flat-out wrong.”
This ‘Holy Cross in the News’ item by David Cotrone ’13.
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