“There have certainly been a lot of studies done nationally about the impact of sports stadiums,” Cunningham said. “
I tend to look beyond if there’s a dollar-for-dollar payback on the economic investment, and look at what it means to the community as a cultural asset, as a place where people gather, as a place that people identify with and are proud of. Communities and cities need to build those types of things.”
Ultimately it's a balance between the harsh reality of business, profit and loss, and funding cultural undertakings. If we did all the things we would like to, we would be financially bankrupt. If we did none of those things, we would be cultural bankrupt.
There is saying in live theater, "if you want make a small fortune in theater, start with a large fortune." Stadiums tend to go the same way.
The economic and cultural impact of Coca-Cola Park and the Lehigh Valley IronPigs were the subject the PBS39 show Lehigh Valley Rising.
lehighvalley.org