Suppose you hear the following: "Arenas are multipurpose buildings. If NBA and NHL owners could just afford to own their own stadiums rather than rent them, two things would happen. First, they'd be able to get out from under high arena rental costs, reducing their costs per game. Second, they'd gain control over the revenues earned on other nonsports events. This would improve their net revenue picture, and they'd be able to buy better basketball or hockey talent." There are three things wrong with this statement. Identify and correct each one of them.