Quote:
Originally Posted by esquire
The sunk cost fallacy comes to mind here. But that said, all of the choices are bad and very expensive. I can see the appeal of a city like Montreal wanting to maintain a stadium that it can use for occasional large scale events, but man, spending hundreds of millions of dollars to do that (the roof will be quarter of a billion alone) when there isn't even a tenant seems like a tough pill to swallow.
Has there ever been a stadium anywhere in the world that has been as financially catastrophic as the Big O? I love the architecture of the place but in terms of its effects on public finances it is an absolute cancer.
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If it's any consolation it was mostly paid for by Quebec smokers via a special levy that was only lifted a couple of years ago.
That said, as a boondoggle and white elephant it's hard to match, but there are other extravagant stadiums that are little used all over the world.
In many countries you have a large "national" stadium which is not always used intensively, or may be used by the national team(s) for sporadic but well-attended matches plus as the home for a local club that can only fill part of the cavernous space.
Still with this, if you look at huge stadiums like Wembley or Twickenham in London they are not particularly busy, nor is the Stade de France just outside Paris.
They may be busier than the Big O these days but not incredibly so.
Also, if you look at the Big O's overall usage in its 43-year existence it likely compares favourably to those stadiums above, as it was home to the Expos for 27 years with 81 home dates a year, plus home to various football teams for about 20 years (Alouettes, Concordes, Machine) and soccer clubs for a total of about 5 years.
I doubt most NFL stadiums (that are not shared with a soccer team or a college football team) can boast as many dates as the Big O. Thinking of places like the Buffalo Bills stadium for example.
The Big O also hosts indoor events like boat and home shows, provincial track and field championships, raves and concerts, etc.