Politics
11:14 am
Fri November 30, 2012

Councilman Dan Johnson Joins Roundtable Discussion on Louisville NBA Team

Credit NBA

Louisville Metro Councilman Dan Johnson is joining a panel discussion in downtown Friday on bringing an NBA team to the city.

The roundtable will feature Jefferson County Judge Executive Bryan Matthews and attorney J. Bruce Miller, who has been an advocate for bringing professional basketball to the city.

Mayor Greg Fischer has also been a vocal proponent of bringing the NBA to Louisville, but he's faced criticism from University of Louisville officials. Supporters are optimistic, but a study by a pair of media executives outlined how the cost of the NBA outweighs the benefits.

From WHAS-11:

A new study from Cambridge Economic Research showed a relatively unfavorable impact that an NBA team could have on Louisville.
 
It concluded that Louisville could not sustain a pro franchise.

(SNIP)

The study did find a pro team could have a net positive impact of $2.4 million annually with job creation, hotel and income tax considered. However, it stated that would barely cover the cost of bringing the team to Louisville.

Today's forum is being hosted by the group "Fans of the NBA" and is scheduled for 5:30 p.m. at the Bearnos  on 131 W. Main Street.

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