Heavy Lifting

Thursday, September 16, 2004

Here's the latest salvo from the economists about our local stadium issue.

Some of the giants in the field of sports economists pitched in on the Heavy Lifting - thanks!!

"All of these studies are silly," said Andrew Zimbalist, an economics professor at Smith College in Massachusetts

"The first problem is that most of the money spent on tickets just goes into the owners' pockets, and eventually into salaries for players," said Mark Rosentraub, dean of the Cleveland State University College of Urban Affairs and author of the book Major League Losers

A great statement by McGraw:

Gauging a stadium's impact involves complex economic issues. But to many voters, the only question is whether they like the team involved. And too often, they get little help from the news media in understanding those issues. News media companies frequently are deeply entwined with local sports teams. Piss off the home team, and you can lose viewers and readers.

Amen.

posted at 9/16/2004 12:05:00 PM (0) comments

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