Craig Depken commented for ‘The two biggest problems with the Panthers’ stadium economic impact study’
Source: Yahoo Finance
Craig Depken, an economics professor at UNC Charlotte who studies sports and stadium economics, said that while Bank of America Stadium does have an economic impact on Charlotte and Mecklenburg County, he doesn’t believe that it’s $1.2 billion.
It’s a nuanced discussion, Depken added, and the true economic benefit or impact of a renovation like this is often difficult to calculate. There’s certainly more economic benefit to having a stadium than not having one, but the difference between a renovated stadium and a non-renovated one is harder to pinpoint.