I thought this was pretty stunning. The Silverdome sells for a paltry $583K at auction. This after it almost sold for $20 million a year ago, and taxpayers spent $55.7 million building the thing.
I am not from the area, and have no idea what the broader implications are, other than the US economy is pretty much, well, in the toilet.
An interesting twist is that the company who was going to buy it for $20 million is reportedly now trying to block the sale. Well, we’ll see.