Do any cities own their own teams? I was thinking about this the other day, and as someone who doesn't really follow sports I think I'd actually be more supportive of things like stadium building if the city were involved more heavily—namely, if the city owned the team(s), or at least a controlling share.

I'd also be way more likely to care about and cheer for "our" team if they couldn't just pull up stakes and move to another city if we don't bribe them enough to keep them. Fan loyalty to commercial teams that don't have any real ties to the home city (they don't even have to give up their name if they leave!) strikes me as bizarre.