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STEELERS PRESIDENT SPEAKS OUT ON NEW BALLPARK
Published February 21, 1995
In Pittsburgh, Steelers President Dan Rooney is "skeptical" of Mayor Tom Murphy's plans to build a new ballpark for the Pirates, saying that it "won't cure the Pirates financial ills -- and the city can't afford it." With a $44M debt still "hanging over" Three Rivers Stadium, Rooney questions whether the city can afford to finance a new park. According to Kenneth Shropshire, an economist at Wharton School of Economics, since '92, American cities "have spent more than" $1B to renovate or construct new stadiums or arenas, and $6B will likely be spent by 1999. But, Rooney doesn't feel that building new facilities is the only way to make more money. Rather, Rooney suggest that the NFL share stadium revenues as they do with gate and TV receipts (Steve Halvonik, PITTSBURGH POST-GAZETTE, 2/21).