Interesting video on the construction boom of new stadia in the US and how taxpayers mostly pay for it, feat. the new Bills stadium.
Even more perplexing, given how mediocre/low the architectural quality of those buildings generally tends to be, with the new Ralph being a prime example, including the reduced seating capacity for non-VIP fans.
At that's not even beginning to take into account the ecological/climate change repercussions of those projects (demolition + new construction is an enormous culprit regarding CO2 emissions).
Edit: Not to be controversial but in re-reading this, the new Bills stadium is just an almost perfect metaphor:
Taxpayers like you and me, many of whom can barely pay their own bills (no pun intended) are asked to finance a shiny new toy for a billionaire to make even more money with, while they themselves will barely benefit and those who do, in even fewer numbers (fewer seats), nor do they get to take part in the profits, and the whole thing is extremely detrimental to the environment:
Voilà, late-stage-capitalism in a nutshell.