Two Pennsylvania state representatives this weekend proposed an audit of Philadelphia and Pittsburgh’s major-league sports teams’ rental payments for their stadiums.
Citizens Bank Park in Philadelphia and PNC Park in Pittsburgh were among several stadiums benefiting from the Capital Facilities Debt Enabling Act of 1999, whereby the commonwealth would pour $320 million into the construction of new sports buildings. The arrangement entailed each arena paying $25 million in rent to the state every decade minus some deductions based on tax revenues the stadiums brought into government coffers.
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