Current:Home > FinanceDeSantis, longtime opponent of state spending on stadiums, allocates $8 million for Inter Miami -WealthTrack
DeSantis, longtime opponent of state spending on stadiums, allocates $8 million for Inter Miami
Oliver James Montgomery View
Date:2025-04-11 07:30:07
FORT LAUDERDALE, Fla. (AP) — Gov. Ron DeSantis, an outspoken opponent of spending state money on sports facilities, announced Thursday that Florida will give $8 million to Miami-Dade County to improve roads and other infrastructure around the stadium being built for the Inter Miami soccer team.
Speaking at a press conference at the team’s temporary stadium in Fort Lauderdale, DeSantis acknowledged his opposition to stadium spending but said this grant is different because it will improve streets and support the restaurants, shops and offices that will be part of the complex. It is scheduled to open late next year.
Inter Miami has seen its worldwide and local popularity soar since it signed superstar Lionel Messi last year.
“We just don’t believe that we give money to build a sports stadium,” DeSantis said. Still, when one is built, he said he thinks, “People are going to want to go to that. Are they going to be able to get there? Is it going to cause more traffic?
“Our role, as state government, is not to give money to a team, but to create an environment where everyone can be successful,” DeSantis said. “Infrastructure is a big part of that.”
The 26,700-seat stadium is being built next to Miami International Airport on land leased from the city. Team owner Jorge Mas said the $1 billion project is being privately funded.
DeSantis and Mas did not take questions. It is unclear how big the stadium’s infrastructure budget is and if the state’s contribution is significant. Mas’ co-owner, former soccer superstar David Beckham, had been scheduled to attend but was a no show.
J.C. Bradbury, an economics professor at Georgia’s Kennesaw State University and past president of the North American Association of Sports Economists, said even with the relatively small state contribution, investing in stadiums is a poor use of public funds.
Economic studies with near 100% agreement have concluded stadiums don’t boost the local economy but redirect money that would have been spent at restaurants, theaters and elsewhere, Bradbury said.
“This probably isn’t the most deserving infrastructure project in the state. Helping people get to soccer matches isn’t all that important,” he said. ’With every new sports stadium, they always claim huge economic impacts. They always say this one will be different. It never is.”
veryGood! (42)
Related
- Meta donates $1 million to Trump’s inauguration fund
- French diver slips on springboard, falls into pool during Paris Olympics inauguration
- Boeing’s CEO got compensation worth nearly $33 million last year but lost a $3 million bonus
- Inmates all abuzz after first honey harvest as beekeepers in training
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Afraid of flying? British Airways wants to help.
- University of Texas professors demand reversal of job cuts from shuttered DEI initiative
- LGBTQ+ foster youths could expect different experiences as Tennessee and Colorado pass opposing laws
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Tourist from Minnesota who was killed by an elephant in Zambia was an adventurer, family says
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Final Four X-factors: One player from each team that could be March Madness hero
- Congress returns next week eyeing Ukraine aid, Baltimore bridge funds and Mayorkas impeachment
- The moon could get its own time zone. Here's why.
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Luke Fleurs, South African soccer star and Olympian, killed in hijacking at gas station
- Inside Exes Sacha Baron Cohen and Isla Fisher’s Private World
- J. Cole drops surprise album 'Might Delete Later,' including response to Kendrick Lamar's diss
Recommendation
The company planning a successor to Concorde makes its first supersonic test
Angelina Jolie claims ex Brad Pitt had 'history of physical abuse' in new court filing
P&G recalls 8.2 million bags of Tide, Gain and other laundry detergents over packaging defect
Man convicted of hate crimes for attacking Muslim man in New York City
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Only Julia Fox Could Make Hair Extension Shoes Look Fabulous
'Ambitious' plan to reopen channel under collapsed Baltimore bridge by May's end announced
Taiwan earthquake search and rescue efforts continue with dozens still listed missing and 10 confirmed dead