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As reported in Tuesday’s newspaper, one of the plans for a new Aloha Stadium envisions a total cost to the state (and its taxpayers) of about $1.5 billion over 30 years, or $50 million per year.
What do we get for that $50 million? We get fewer than 10 University of Hawaii home football games. We get nebulous, unspecified “other sporting events and a wide range of entertainment.” It appears no one has bothered to make a serious quantified estimate of what the other events could be, but let’s be really generous and say that there are 40 of these each year, or a total of about 50 events, including football.
Then we taxpayers would be subsidizing events at the new stadium to the tune of about $1 million each. It seems to make little sense to spend so much on such a lightly used facility.
Edward Conklin
Waikiki
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