NFL- Rent Seeking? In many large U.S. cities, monopoly owners of sports franchises have been lobbying local governments for new publicly financed

NFL- Rent Seeking?

In many large U.S. cities, monopoly owners of sports franchises have been lobbying local governments for new publicly financed sports stadiums. Is this a form of rent seeking?

Go to Heartland Institute’s Web site ( https://www.heartland.org/) ., conduct a search for sports stadiums, and look at one of the documents collected there.

– Is there convincing evidence of rent seeking?

– If so, how does that relate to the welfare cost of monopoly?