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Resource ID: #18966
Subject: Sports
Source: Los Angeles Times
Affiliation: 
Date: May 13

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Description

The article is based on evidence presented during Raiders v. NFL case, in the U.S. District Court in Los Angeles (Exhibit 681), that emphasizes in the level of revenue and expenses of the 31 NFL team and finnancial data as far back as 1989. The new wave of stadium construction and development and fight over the NFL franchises at exhorbitant prices is explained as stadiums had become the majour source of income for the teams and franchises are approached as capital investments for the team owners.

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