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New report ranks the 30 most expensive sports venues

Mar 05, 2021 (0) comment , ,

Even adjusted for inflation, SoFi Stadium in Inglewood, California, was more than twice as expensive to build as the second most costly stadium.

SoFi Stadium in Inglewood, California, is the most expensive stadium ever built, even when adjusted for inflation.

In fact, SoFi (shown above), which was finished in 2020 and serves as the home of the Los Angeles Chargers and Los Angeles Rams, is more than twice as expensive as the second-highest-cost stadium, when adjusted for inflation. Metlife Stadium, built in East Rutherford, New Jersey, in 2010, cost roughly $2.03 billion in 2020 dollars, compared to the $5.5 billion it cost to build SoFi.

Of the top 30 stadiums outlined by Construction Disputes, 22 are located in the U.S. and five of those were built for sports franchises in or around New York City, followed by four stadiums built in London.

Allegiant Stadium
Courtesy of McCarthy

A high concentration of the most expensive stadiums are NFL venues that have been completed in recent years. As popularity of U.S. sports have continued to rise at the same time as technology, franchises have had to compete with the experience of watching games from the comfort of one’s own home. So stadiums like SoFi and Allegiant in Las Vegas, which were both finished before the 2020 season, upped the amenities to create an exciting game-day experience worth the price of admission.

Bigger seats, increased capacity and a larger number of boxes and suites are some of the ways sports franchises are expanding what stadiums have to offer. Additionally, large screens and scoreboards designed to enhance views for every seat add to the budget. SoFi’s double-sided scoreboard, for example, features more than 70,000 square feet of digital LED screens and weighs 2.4 million pounds, and had to be built to withstand earthquakes, Construction Disputes said.

Here is a look at the top 30 most expensive stadiums, their cost, year built and location:

Stadium Cost (in 2020 dollars) City Year Opened
SoFi Stadium $5.5 billion Inglewood, California 2020
Metlife Stadium $2.03 billion East Rutherford, New Jersey 2010
Allegiant Stadium $1.9 billion Las Vegas 2020
Wembley Stadium $1.88 billion London 2007
Yankee Stadium $1.82 billion New York City 2009
Merdedes-Benz Stadium $1.59 billion Atlanta 2017
AT&T Stadium $1.58 billion Arlington, Texas 2009
UBS Arena $1.5 billion Elmont, New York 2021
Singapore National Stadium $1.44 billion Kallang, Singapore 2014
Levi’s Stadium $1.43 billion Santa Clara, California 2014
Tottenham Hotspur Stadium $1.32 billion London 2019
Optus Stadium $1.27 billion Perth, Australia 2017
U.S. Bank Stadium $1.19 billion Minneapolis, Minnesota 2016
Krestovsky Stadium $1.17 billion Saint Petersburg, Russia 2017
Barclays Center $1.13 billion Brooklyn, New York 2012
London Stadium $1.12 billion London 2012
Globe Life Field $1.1 billion Arlington, Texas 2020
Nationals Park $1.02 billion Washington, D.C. 2008
Nissan Stadium $1.01 billion Yokohama, Japan 1997
Estádio Nacional $1 billion Brasília, Brazil 2013
Citi Field $990 million Queens, New York 2009
Lucas Oil Stadium $960 million Indianapolis, Indiana 2008
Ford Field $950 million Detroit 2002
Lincoln Financial Field $940 million Philadelphia 2003
Paul Brown Stadium $940 million Cincinnati, Ohio 2000
Emirates Stadium $900 million London 2006
NRG Stadium $900 million Houston 2002
Marlins Park $780 million Miami 2012
Little Caesars Arena $730 million Detroit 2017
SunTrust Park $710 million Atlanta 2017

 

This article was originally Zachary Phillips and appeared here.

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