Listing a few economic studies and reports:

https://globalsportmatters.com/business/...s-stadium/

https://papers.ssrn.com/sol3/papers.cfm?...id=4022547

https://urbanmilwaukee.com/wp-content/up...waukee.pdf

https://www.investigativepost.org/2021/1...w-stadium/

https://esd.ny.gov/sites/default/files/n...1-1-21.pdf

https://dornpolicygroup.com/how-new-spor...economies/

https://econreview.berkeley.edu/the-econ...it-margin/

https://news.stanford.edu/2015/07/30/sta...ll-073015/

https://digitalcommons.coastal.edu/cgi/v...ors-theses

https://econjwatch.org/File+download/222...metype=pdf

https://www.brookings.edu/articles/sport...-the-cost/

I think the overall message from all these are basically. If a community smaller than NYC/LA wants a professional sports team to have them, then they will have to offset some costs with public funds.

However, any arguments about spurring economic development or improving the city are overstated. That is with caveat that the money not spent on a stadium would be spent on other infrastructure/development projects. If the decision is stadium or nothing, then there is marginal benefit to the stadium but it has to fit a larger development plan for the area and community.

To be honest. I believe there is a net marketing benefit to having a professional team in Jax that is often forgotten. Most people I've met before moving to and since moving from Jax are completely oblivious to the city existing. That argument is really hard to quantify in these types of economic studies and a pretty unique aspect to Jax having a professional sports teams compared to most other cities.

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