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Carson Stadium Economic Study Flagged for Suspect Conclusions

Gene Cubbison, NBC7

Friday, April 3, 2015

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Reached for his opinion on the Los Angeles study, National University Erik Bruvold noticed “some very elementary mistakes that many who study sports economics caution against.”
Such as?
“It grossly overestimates the amount of ‘new money that will flow into L.A. County for the project, and grossly underestimates how fast the money will leak out, ” Bruvold said.
Bottom line?
“The overwhelming majority of economists who have objectively studied the issue have reached a strong consensus – stadiums have minimal economic impact on their communities.”