Read our August print issue, out now! ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

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Dear reader,

Building new sports stadiums is good for the private equity firms and real estate interests that stand to profit, but not for the public. Throughout the country, professional sports teams dangle arenas and stadiums as civic dreams come true. But for the communities subsidizing them, they are often more like cynical exercises in urban grift. Taxpayer money that could have been spent on public services and infrastructure instead line the pockets of ultra-wealthy sports franchises, accelerating gentrification and displacing city residents.

For our August print issue, Gabrielle Gurley examines the future of city stadiums with the proposed Philadelphia 76ers arena in Chinatown as a case study. Philadelphia's Chinatown community is facing what could be the death of a robust cultural enclave, mirroring how Washington D.C.'s Chinatown was displaced after the Washington Wizards arena was built in the 90s. Philadelphia's residents, along with communities all over the country who face potential displacement from proposed stadium plans, are fighting back.

You can read the entire story for our August issue here. [link removed]

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For our August 2024 print issue, we're looking towards the future. Many of America's biggest institutions are now in a state of transition, and we've dedicated this issue to track where they might go from here, reporting on everything from the future of cable television to how cities build stadiums to the crisis approaching higher education. You can read the August 2024 issue here. [link removed]

THE AUGUST ISSUE [link removed]

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We're just months away from the most consequential election of our lifetime, and independent journalism that prioritizes readers will be more important than ever. We need to make sure we have the budget to continue breaking the most important stories in Washington and beyond, and that's why we're asking for your help.

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Thanks for reading,

David Dayen
Executive Editor
The American Prospect

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