Come here often? Make XFINITY.com your homepage » close

close

Your XFINITY Connect session has timed out due to inactivity. Click here to go back close

24/7 Wall St.: Cities Paying The Most For Sports Teams

7. Pittsburgh

Public per capita stadium cost: $445
Population: 2,359,746 (22nd largest)
Number of major league teams: 3
Number of stadiums: 3

In 2001, two stadiums were completed in the Pittsburgh area, largely using taxpayer money. Through 2010, these stadiums — Heinz Field, home of the Pittsburgh Steelers, and PNC Park, home of the Pittsburgh Pirates — cost taxpayers more than $700 million in capital and ongoing costs. While the Steelers have been successful since moving into their new stadium, winning Super Bowls in 2005 and 2008, the Pirates have failed to produce. The team has not made the postseason since 1992 and as recently as 2010 was barely able to fill half of its seats. In 2010, a third facility financed almost entirely by the public, the Consol Energy Center, was built for the NHL’s Pittsburgh Penguins. However, the Penguins have been able to fill the arena to capacity since it opened.

(AP Photo/Gene J. Puskar)

More From 24/7 Wall Street:
The Highest-Paid Players of All Time
Eight Retailers That Will Close the Most Stores
The 10 Most Hated Companies in America



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

Ad Info - Ad Feedback

Ad Info - Ad Feedback

Loading...