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Fields of dreams – or nightmares? (access required)

Financing stadium construction can be a risky bet for cities

Setting up a sports team can be expensive, so some municipalities have chipped in to build a stadium for a local club. New Jersey has a mixed record in this regard, since at least three minor-league baseball clubs — the Camden Riversharks, the Newark Bears, and the Atlantic City Surf —struck out after blowing through tens of millions of taxpayer dollars. But some other teams haven’t.

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