Subsidies for Saints Owner Open New Orleans to Super Bowl

Two financial deals that kept the National Football League playing in the Superdome, allowing New Orleans to host a 10th Super Bowl, were expensive for taxpayers and enriched Saints owner Tom Benson, said former Louisiana Governor Kathleen Blanco.

Taxpayers have spent at least $471 million on the Superdome since Hurricane Katrina, allowing a state reeling from the nation’s most-expensive natural disaster to keep its pro sports teams and rebuild a part of downtown destroyed by the 2005 storm. Benson, meanwhile, is worth $1.6 billion, according to the Bloomberg Billionaires Index, after acquiring the National Basketball Association’s New Orleans Hornets, a 26-story office tower that houses state agencies and a mall next to the stadium.