Home Scam/Fraud OPINION: How to scam an entire city: build a stadium

OPINION: How to scam an entire city: build a stadium

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It’s been over 13 years since Indianapolis’ own Lucas Oil Stadium officially opened to the public. Lucas Oil Stadium serves as a multipurpose stadium, most notably for the Indianapolis Colts. It seats over 67,000 people and is complete with a first of its kind retractable roof and windows. 

The home of the Colts is truly a spectacle for Indiana’s capital. The stadium is remarkable, and it only cost a small price of $720 million

Of that $720 million, the Colts were only responsible for paying $100 million even though the owner of the team, Jim Irsay, is worth about 3.5 billion dollars. Indianapolis and the surrounding areas were left to finance a good portion of the stadium.

New stadiums are breathtaking and often provide a city with a sense of civic pride, but building stadiums using public funds…

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