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January 30, 2009

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lawvol

I agree with your conclusions, but I wonder if the situation is actually worse than the league bosses are willing to acknowledge. I think it is a little ridiculous for the powers that be in the sporting world to blithely assert that they are untouchable in this economy. In my opinion, if the downturn continues to worsen, there may actually be a few franchises that either fold or are sold at bargain basement prices at the brink of insolvency.

Here's my 2 cents worth, humble though they may be, in an installment of the Gate21.net multi-part series on the economic pressures currently bearing down on the sports world (from the perspective of a fan of SEC sports):

http://gate21.net/2009/02/03/the-cost-of-sports-part-2-jerry-maguire-and-professional-sports/

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Money Players: The book