Sacramento and Washington, DC Threaten to Use Eminent Domain to Take Property to Build Sports Stadiums
“Government subsidies for sports stadiums are almost always net losers for the communities that enact them. Using eminent domain to take the property just compounds the losses endured by taxpayers with additional harm inflicted on property owners, many of whom are unlikely to be fully compensated for their losses. Standard compensation formulas only consider the market value of the land taken, while ignoring the “subjective value” that many owners place on their land above that amount (and even full fair market value often isn’t actually paid)”
Somin, Ilya. Volokh Conspiracy 23 August 2013.