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Well depending on how the city does things it COULD actually be a huge benefit for them. Look at the Charlotte Triple A team, they got a huge deal to build a fantastic stadium, and yes they play to half empty seats most days but the city and anyone connected to it has the right to use the stadium for events, shows, concerts etc etc.
The City of Charlotte and mecklenburg (sp?) county make out great on that. (even though the stadium is technically in South Caroline if I remember right) I lived down there in '94.
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