Every owner in professional sport wants to have the best team in the league. Many also want to have the best field and finest stadium. Over the past decade or so, there has been a surge in the number of extravagant, high-priced athletics stadiums across the United States and the world at large — many of which cost more than $1 billion to build.
Many of the most costly stadiums were built in the United States primarily to serve as homes of NFL franchises. These places also are used for college football games, Super Bowls, concerts, and other major events.
The Dallas Cowboys and owner Jerry Jones were the first in the NFL to break the $1 billion barrier when they completed AT&T Stadium in 2009. Since then, four new NFL stadiums that cost over $1 billion have opened, and more are on the way. These stadiums have attracted controversy for their exorbitant price tag — much of which is footed by taxpayers.
Americans are not the only ones building exorbitantly expensive arenas. Countries that have recently hosted the FIFA World Cup and Olympic Games have spent hundreds of millions of dollars on arenas to build new stadiums for the tournaments. Some British soccer teams are also now playing in stadiums worth hundreds of millions of dollars.
24/7 Wall St. reviewed media sources, including The Brookings Institution, to determine the active sports stadiums that cost the most to build. It should be noted that these are only estimated price tags. These values are not adjusted for inflation. In some cases, cost estimates are converted from foreign currencies into current U.S. dollars.