Here's something you might be interested in.
Today's (Oct 14) Wall Street Journal has a story headlined, "As Economy Weakens, Sports Feel a Chill." With other pressing economic needs taking precedent, there is not money for pro sports, including public subsidation thereof. The Florida Marlins' planned new stadium "probably will have to wait for better economic times," says the Journal. The National Basketball Association has laid off 9% of its workforce. Season ticket renewals are down. One executive with the New Jersey Nets team basketball team sums it up, "We're not just competing for people's entertainment dollars anymore. We're going up against milk and orange juice."
Today's (Oct 14) Wall Street Journal has a story headlined, "As Economy Weakens, Sports Feel a Chill." With other pressing economic needs taking precedent, there is not money for pro sports, including public subsidation thereof. The Florida Marlins' planned new stadium "probably will have to wait for better economic times," says the Journal. The National Basketball Association has laid off 9% of its workforce. Season ticket renewals are down. One executive with the New Jersey Nets team basketball team sums it up, "We're not just competing for people's entertainment dollars anymore. We're going up against milk and orange juice."