'Very rarely are there economic benefits': Sports economist slams public funding of Flames arena

Video | CBC News | Posted: September 16, 2017 3:48 AM | Last Updated: September 17, 2017

Veteran U.S. economist Victor Matheson studies impact of sports arenas on host cities

Media | Sports economist slams public funding of new Calgary arena

Caption: Victor Matheson says owners benefit way more than taxpayers

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A veteran U.S. sports economist says public funding of sports arenas rarely benefits the host city.

Victor Matheson — who has studied the issue in-depth — says there is "no good reason that rich owners can't build their own stadiums."

Matheson is adding his name to the list of critics of Calgary's potential contribution to a new complex to house the Calgary Flames.

Watch the full interview with CBC Calgary's Rob Brown above.

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