Mercatus Policy Download

Will Interstate Compacts Change the Stadium Subsidies Game?

Informações:

Synopsis

With the Super Bowl behind us, football fans are already looking ahead to the 2020 season, and they’re not the only ones thinking about the future of the NFL. More specifically, speculation about where and how new stadiums will be built is in full swing, particularly in the Washington, DC area. Even back in December, the Washington Post reported that Washington Redskins owner Daniel Snyder was working with Congress to secure a deal for a new football stadium, and in response, local lawmakers have started signaling their reluctance to engage in a bidding war for the team. Virginia Delegate Michael Webert introduced legislation proposing an “interstate compact” between Virginia, Maryland, and DC, which would essentially bar all three localities from providing incentives to host a new Redskins stadium. Maryland Delegate David Moon and DC Councilmember David Grosso have both indicated support for something similar. So today, we’re talking about the Redskins stadium, how an interstate compact might affect it, and