The Maryland Stadium Authority
Posted by sportsprof on August 24, 2006
Economist Dennis Coates, a leading expert on stadium finance, points to an interesting critique of the Maryland Stadium Authority.
It loses money, violates the law, and works to protect the monopoly status of a private business.
Maryland has received all those good works from an agency created in 1986 with the “mission of returning a professional National Football League (NFL) team to Baltimore and ensuring that our Major League Baseball team, the Orioles, remained in Maryland.” Now that’s good government!
It’s comical how far the MSA has overstepped the bounds of it’s original mission. And from the sound of things, it doesn’t appear that the organization is any could at what it does, except maintaining its own existence.
