Buffalo Billions

Today, Explained

Vox

News, Daily News, Politics

4.3 • 10.3K Ratings

🗓️ 7 April 2022

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Buffalo Bills are set to receive a record-breaking $850 million in public funds to build a new stadium — even though they’re owned by a fracking billionaire. An economist explains whether publicly funded stadiums ever work out in the public’s favor. This episode was produced by Hady Mawajdeh, engineered by Paul Mounsey, fact-checked by Laura Bullard and Matt Collette, and edited by Sean Rameswaram, who also hosted. Transcript at vox.com/todayexplained Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The bill makes me wanna shout!
0:04.6	Ahead, on today explained, it's the offseason, but that is not stopping the Buffalo
0:08.7	bills from setting records.
0:12.6	The football team just struck a new $1.4 billion stadium deal with New York State and local
0:19.8	government picking up $850 million of that tab.
0:24.2	That is the largest taxpayer contribution for an NFL facility ever!
0:32.1	And that's $850 million of public funds, even though the team is owned by a fracking
0:39.1	billionaire.
0:42.3	Why New York is handing over nearly a billion dollars to the Buffalo bills and whether
0:48.2	of these publicly funded stadium deals ever work out in the public's favor?
0:54.2	That's Ahead on Today's Show.
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	...

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