Existing teams have the bargaining power to induce cities to build stadiums for them because of the

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Existing teams have the bargaining power to induce cities to build stadiums for them because obtaining expansion franchises is difficult. This is because professional sports leagues typically have limited numbers of franchises, so teams that already exist have an advantage over potential expansion teams. Therefore, existing teams can use the threat of relocating to another city to persuade local governments to build them new stadiums.

Existing Teams Have the Bargaining Power to Induce Cities to Build