In Philadelphia the owner is not a billionaire, although he has done very well. The team paid the majority of the cost of the stadium which remains owned by the government. The government receives the profits from concession stands to pay off the bonds. All in all I don't think it was a bad price to pay for something generating a couple of million money spending visitors to the city each year. I wasn't crazy about the price I had to pay for two lower level seat licenses. However, when I sold them at the beginning of this year because the games all conflicted with trial dates, I was able to make a 300% profit after five years of ownership. Not too shabby for me and seat licenses ended up covering a substantial portion of the construction cost.