Warriors president Rick Welts said he believes arenas, like the Warriors' Chase Center, add a quality of life to cities and are cultural institutions.
Jeff Chiu/AP
After the Golden State Warriors self-financed the $1.4 billion Chase Center, their new home in San Francisco starting next season, team president Rick Welts says he believes sports arenas should receive public funding. The debate over public funding for sports arenas and stadiums has been a heated one for years. Supporters often argue that pro sports teams and arenas can be good for cities, creating jobs, encouraging spending from locals and tourists alike, and creating an intangible sense of community.
"These are meant to be urban things," Welts said of arenas."That's where they add most to the quality of life to the city. I think the most successful ones are located in really dense urban areas. We love that ... I think they're part of the fabric of a city."via Chase Center
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