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  1. #1
    jmcdon00's Avatar
    jmcdon00 is offline Jersey Retired Snake Champion, Moto Trial Fest 2: Mountain Pack Champion, LL City Truck 2 Champion, Arithmetic sequence Champion, Troops Tower Defense Champion
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    Are Pro Sports Too Big to Fail?

    http://online.wsj.com/article/SB123328241772832043.html
    First, franchises have become accustomed to the public financing of stadiums and arenas. During the construction boom of the 1990s, some 50 ballparks, stadiums and arenas were built in the U.S., according to BusinessWeek. On average, taxpayers footed 70% of the bill -- even though team owners reaped the benefits. In baseball, for example, Forbes calculates that the median ballpark is worth $100 million to a team, or a quarter of a franchise's total value. In the '90s, teams argued that new stadiums added to a city's economic vibrancy. Yet studies now show that subsidies for sports stadiums actually create a slight drag on the local economy. And even if cities wanted to believe the boosters, the bad times should now make the current crop of publicly financed stadiums the last. The Vikings, for instance, have started asking Minnesota lawmakers about building a new facility for their team. The response has been laughter.
    Interesting story.

  2. #2
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    Re: Are Pro Sports Too Big to Fail?

    What pro sports league would fold first?

  3. #3
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    Re: Are Pro Sports Too Big to Fail?

    The Minnesota Vikings needed help selling out their first home playoff game in eight years
    What help? An extension. LMFAO!

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    Re: Are Pro Sports Too Big to Fail?

    "BadlandsViking" wrote:
    What pro sports league would fold first?
    MLS

  5. #5
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    Re: Are Pro Sports Too Big to Fail?

    NBA.
    IMO it would be much easier to create a rival league for the NBA than any other sport.

  6. #6
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    Re: Are Pro Sports Too Big to Fail?

    "marstc09" wrote:
    "BadlandsViking" wrote:
    What pro sports league would fold first?
    MLS
    soccer isn't a sport

  7. #7
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    Re: Are Pro Sports Too Big to Fail?

    "i_bleed_purple" wrote:
    "marstc09" wrote:
    "BadlandsViking" wrote:
    What pro sports league would fold first?
    MLS
    soccer isn't a sport
    Is the WNBA a sport?

  8. #8
    marstc09's Avatar
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    Re: Are Pro Sports Too Big to Fail?

    "i_bleed_purple" wrote:
    "marstc09" wrote:
    "BadlandsViking" wrote:
    What pro sports league would fold first?
    MLS
    soccer isn't a sport
    I dare you to go over to Europe and say that.
    ;D

  9. #9
    marstc09's Avatar
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    Re: Are Pro Sports Too Big to Fail?

    I blame HDTVs as well. People are less likely to go out in the cold to get to a game. Lazy Americans rather sit on their ass and get fatter. No wonder why we are one of the most obese countries.

  10. #10
    jmcdon00's Avatar
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    Re: Are Pro Sports Too Big to Fail?

    Steve Czaban disagrees. A nationally syndicated host on Fox Sports Radio, Mr. Czaban believes that demand for high-end tickets, both lucrative season packages and corporate luxury seats, will shrink. "The worst-case scenario, for example, for the NFL," he says, "is there's a dozen teams that can no longer sell out their home games." That would cause TV problems, he adds, since the NFL restricts broadcasts on games that aren't sold out. And pools of unsold tickets would create further downward pressure on ticket prices as consumers realized they don't need to pay a premium for season packages to get seats. Problems could accelerate from there, particularly for teams in weaker markets.
    I could see this being a real problem. People with out jobs don't have the extra money during a recession, and even those that do are more worried about the future and more likely to save money, or atleast not plan events too far into the future, like buying season tickets for games that are several months away.

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