Major League Sports and the Property Tax

"Major League Sports and the Property Tax" is a scholarly book that updates the public discussion on the financing of sports facilities and the associated property taxes in the United States. The author, Geoffrey Propheter, provides a thorough analysis of property tax in the context of Major League sports facilities and debunks the widespread claim that most Major League teams do not pay property taxes. Each chapter systematically examines the tax status of each sports facility, the actual value of property tax expenditures, and the impact of tax exemptions on local public services. By using empirical data, the book lays a solid foundation for informed policy decisions regarding sports facilities and serves as a valuable resource for researchers and students in the fields of sports economics, sports management, public policy, and public finance, as well as for practitioners involved in the political process.