Possible NFL Strike Could Cost San Francisco Millions
The current NFL lockout and a possible strike could cost the city of San Francisco millions of dollars.
According to the San Francisco Examiner, if Candlestick Park sits empty because of a strike, the city would lose $3.5 million.
The paper reports that the loss in revenues, including parking fees, ticket sales and advertisements, would directly hit the budget of the San Francisco Recreation and Parks Department.
That department operates and manages the stadium and “have already tackled a $16.3 million deficit over the last two years.”
The NFL imposed a lockout last month after the player’s union decertified. League officials said they are still hopeful to have a full season in 2011.
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Photo Credit: Paul R. Kucher IV, via Wikimedia Commons
