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March Madness recently concluded with Villanova winning the title. Given the ongoing college basketball bribery investigation, the bigger question may be whether the Wildcats will eventually vacate the title.
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Lawmakers in Salt Lake City recently approved giving the city’s NBA team, the Utah Jazz, $22.7 million in tax revenue collected from businesses in the basketball arena’s zoning district. The subsidy will be doled out over the next 25 years. The “reimbursement,” as lawmakers on the Redevelopment Agency of Salt Lake City termed the gift, is expected to be used to help pay for the planned construction and renovation of the Vivint Arena, where the Jazz play ball.
