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Little Caesars Arena; M. Michigan State Fairgrounds Coliseum; R. Recreation Park (Detroit) T. Tiger Stadium (Detroit) U. University of Detroit Stadium; W. Wayne State ...
A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue. Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies. Funding for stadium ...
In July 2014, Detroit's Downtown Development Authority announced TIF financing to build a new arena for the Detroit Red Wings. The total project cost, including additional private investments in retail and housing, is estimated at $650 million, of which $250 million will be financed using TIF capture to repay 30-year tax exempt bonds purchased ...
See photos of the 10 most expensive NFL stadiums: At the moment, lawmakers have proposed using taxpayer money to build new NFL stadiums in at least three cities: St. Louis, Missouri; San Diego ...
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Detroit is known for its avid hockey fans. Interest in the sport has given the city the moniker "Hockeytown." In 2008, the Tigers reported 3.2 million visitors with a 98.6 percent attendance rate. [2] In college sports, the University of Detroit Mercy has an National Collegiate Athletic Association (NCAA) Division I program.
At Georgia State, athletic fees totaled $17.6 million in 2014, from a student population in which nearly 60 percent qualify for Pell Grants, the federal aid program for low-income students. The university contributed another $3 million in direct support to its sports programs.
The Palace of Auburn Hills, commonly known as the Palace, was a multi-purpose arena located in Auburn Hills, Michigan.Opened in 1988, it was the home of the Detroit Pistons of the National Basketball Association (NBA), the Detroit Shock of the Women's National Basketball Association (WNBA), the Detroit Vipers of the International Hockey League, the Detroit Rockers of the National Professional ...