I assume by "stadium lights", you mean 400W MH fixtures. I'm not sure where you got $500 each to fix though? Those fixtures run around $140 or less each...and usually its the capacitor that fails inside them, which is only about $15-20 to replace. If money is tight, I highly suggest just looking into repairing your current fixtures and putting new bulbs in them. MH bulbs have bad lumen maintenance, and should be replaced well before they burn out if you want maximum brightness.
A few things to keep in mind and some questions before buying anything:
- Good industrial LED lighting is expensive. There's a reason why those home-use 4-foot LED fixtures are like $25-35 - they're cheap garbage. They run hot, use low-quality components and will almost certainly die well before their quoted 50,000 hour life. The industrial/commercial stuff is drastically more expensive. Expect to pay anywhere between $200-400 for 4-foot high-bay commercial LED fixtures.
- What is the shop used for? Is it just a warehouse, are you doing repair work, are you doing delicate repair work?
- What will the installed height of the lights be? This will dictate if you use high-bay, or low-bay fixtures, and also how many fixtures you may need.
- What voltage do your current lights run on? A lot of industrial/commercial stuff is 277 volts, which rules out pretty much all "homeowner grade" stuff.