The Mayor is in Chicago

[Bravada_442]

@ShalerPunk

How about:

Get an NBA franchise, or lure some team here who needs a new arena. New NBA team and Penguins commit to partially financing new arena, along with corporate sponsorship and MINOR public funding. Put a half-dozen restaraunts, from family to trendy, around it.

In theory, that’s great. But economically it makes about as much sense as a dog fucking a cat.

1. There are cities all over the place throwing money at teams to try and get them to move. Why would an NBA team (say, Seattle) move here when they’d have to pay for arena when they could get one elsewhere for free?

2. This isn’t exactly an exploding market. Pittsburgh is not growing. It would be hard to attract a team here with a declining market.

3. No basketball team has ever succeeded here. EVER.