Calgary·Video

'Very rarely are there economic benefits': Sports economist slams public funding of Flames arena

A veteran U.S. sports economist says public funding of sports arenas rarely benefits the host city.

Veteran U.S. economist Victor Matheson studies impact of sports arenas on host cities

Sports economist slams public funding of new Calgary arena

5 years ago
Duration 4:37
Victor Matheson says owners benefit way more than taxpayers

A veteran U.S. sports economist says public funding of sports arenas rarely benefits the host city.

Victor Matheson — who has studied the issue in-depth — says there is "no good reason that rich owners can't build their own stadiums."

Matheson is adding his name to the list of critics of Calgary's potential contribution to a new complex to house the Calgary Flames.

Watch the full interview with CBC Calgary's Rob Brown above.

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