Arena Promises

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Pressure on arena developers led to a new deal, promising financial security to the city's investment. But will it be good enough for LA? What's the evidence and the popular sentiment toward a city sports investment? Should the voters decide on support for sports?
John H. Semcken III: Spokesperson for L.A. Arena Development Company Joel Wachs: Los Angeles City Councilman, represents District Two, the Eastern San Fernando Valley Professor Mark Rosentraub: Director, Indiana University's Center for Urban Policy and the Environment, specializing in sports and economic issues. Author of Major League Losers: The Real Costs of Sports and Who's Paying for It. Was hired by the Los Angeles Convention and Visitors Bureau to review the arena proposal (pre new guarantees) Joel Fox: President, Howard Jarvis Taxpayers Association Mark Ridley-Thomas: Los Angeles City Councilman, representing the 8th District -- Central and South Central Los Angeles Robert Baade: Vail Professor of Economics at Lakeforest College. Written extensively on arenas and public funding

Credits

Host:

Warren Olney

Producer:

Frances Anderton