Thursday, June 3, 2010

What do the TRV and the NBA have in common?

We are told we can't survive without the economic impact of both.  What was the projected economic impact of the NBA All-star game? $152 Million.  What was the actual?  $0.   Imagine that. 

Read the article on WFAA.comhttp://www.wfaa.com/news/investigates/NBA-All-Star-Game-Falls-Short-of-Predictions-95467734.html.  You can't afford not to.   Remember the Super Bowl is coming, Fort Worth wants to spend $4.5 Million on that.   Yes, the same Fort Worth who is currently $77 Million short on their budget.  Sounds like the Fort Worth Way.

That raises new questions about the consultant who produced the study — the same man who says next year's Super Bowl at Cowboys Stadium will deliver a $600 million boost to the region.

But the State of Texas set aside $15 million in taxpayer money to get the whole party off the ground. About $2 million of that has already gone to cities for costs they incurred.

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