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

4. Cleveland

Public per capita stadium cost: $517
Population: 2,068,283 (28th largest)
Number of major league teams: 3
Number of stadiums: 3

As of 2010 the public costs of all three major sports facilities in Cleveland was just under $1.1 billion, with 75% of the funds needed to build the stadiums coming from the public. The most expensive to build was Cleveland Browns Stadium, which cost $441 million. The other two facilities, Progressive Field and Quicken Loans Arena, were built in 1994. The cost of those facilities was $399 million and $328 million, respectively. Cleveland’s professional sports teams, however, have struggled to compete. The last major professional sports team in the city to win a title was the Browns, who won the NFL Championship in 1964.

(AP Photo/Gene J. Puskar)

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

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