I just wonder if we’re looking at this wrong. Yes it would be awesome to have an MLS team in Raleigh and yes it would bring people to the city and yes a stadium is better than a parking deck.
But the question is, how many people and does that justify using $330 million?
As I shared before, MLS teams on average (in a whole season) bring in an attendance of 371,841. To put that into context, 5 days of The World of Bluegrass brought in 223,000 people.
Now obviously, you’d activate the stadium more than those 17 games, but how much? As @daviddonovan pointed out, cities aren’t having much luck w/ that.
So is it really worth using $330 million in tax revenue for this type of payoff?
Like I said when we started this convo, these are hard questions that us as residents don’t really want to be faced with, and we didn’t have to when this was going to be privately funded. But that’s not the case anymore.