In a recent column for The Post, I argued that the NFL should consider replacing its aging home stadiums with smaller ones and making them more accessible for fans to enjoy.
I’ve seen a lot of articles about how this would make for a lot less money and less noise, but I still find it worth noting that I’m not the only one who’s noticed the same trend.
In fact, there’s a ton of data showing that it makes a big difference.
The latest figures from Forbes show that the average price of a new stadium in the NFL is now $4.5 million, down from $5.1 million in 2015.
The average price per square foot is down from the $6.8 average last year.
And the average cost per square yard is down by $6 per year from $6,500 in 2015 to $5,000 today.
And it’s even worse for smaller stadiums.
The median price per home for a stadium in a 30,000-seat stadium is now only $2.4 million, up from $2 million in 2016.
So that’s about $4,000 per square mile per year lost in inflation alone.
If you’re a fan of the NFL, there are probably plenty of reasons why you’re not willing to shell out that kind of money to get into a bigger stadium.
Maybe you prefer a smaller, less-trafficked space to a smaller crowd or you just don’t have the budget for that kind.
Either way, the fact that the costs of stadium construction are dropping even as fans clamor for more stadiums to host their favorite teams makes this a great time to consider taking a big gamble on a new home.
Here are a few reasons why it makes sense to consider making a home upgrade instead of buying a new team in the first place: