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Abstract

When seeking a new home stadium, team owners in the National Football League (NFL) often argue that the addition of a new home field will help to ensure their team's on-field success and generate more wins. Owners argue that a more competitive team will not only provide an increased public benefit, but that a new state-of-the-art stadium will result in a better team - perhaps one that can even contend for a Super Bowl Championship. The public cost of new multimillion-dollar (even billion dollar) stadia accounts for nearly two-thirds of the cost. Do owners have any rationale to prove their claim that new facilities increase their team's success? This study investigates the true effect that a new stadium has on NFL teams' overall regular season win-percentage to see if any statistically significant relationship actually exists.

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