Patt Morrison for July 19, 2012

The implications of the Rose Bowl renovation funding gap

Rose Bowl

Christian Petersen/Getty Images

The 2010 proposed renovations to the Rose Bowl have ballooned in costs to $177-million dollars, $25 million more than the original price tag. Facing a current funding gap of over $37 million, published reports say Rose Bowl officials are considering postponing $14 million worth of the planned remodel until more funding can be secured.

With private donations, public bond interest, and BCS championship revenues all being funneled into the project, is the Rose Bowl remodel turning into a murky black hole where monies public and private are sunk, never to be seen again?

WEIGH IN:

Where does the Rose Bowl rank for you as one of America's great landmarks?

Guests:

Darryl Dunn, general manager of the Rose Bowl

Andrew Zimbalist, Robert A Woods Professor of Economics at Smith College


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