Economics
Detroit Billionaires Get Arena Help as Bankrupt City Suffers
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At the 1997 groundbreaking for a 40,000-seat ballpark for Major League Baseball’s Detroit Tigers, Michigan Governor John Engler said the stadium would symbolize the city’s renewal.
Ford Motor Co. Chairman William Clay Ford Jr., whose family owns the National Football League’s Lions, said in 1999 that his new 65,000-seat dome would “showcase the city’s turnaround.”