Posts tagged ‘football’

Super Bowl

Sunday’s game will be 60 minutes of football — an adrenaline-and-testosterone bath stretched by commercial breaks (two of them called “two minute warnings”), replay challenges, and other delays to about 200 minutes — embedded in an all-day broadcast of manufactured frenzy. It would be nice, but probably fanciful, to think that even 1 percent of tonight’s expected television audience of more than 110 million will have qualms about the ethics of their enjoyment.

The NFL’s fondness for Roman numerals is appropriate because the game is gladiatorial, as Romans enjoyed entertainment featuring people maiming and being maimed for the entertainment of spectators. But things change.

The Super Bowl’s 60 Minutes of Damage, by George Will

What of the cities that have ransomed their future to an NFL team? How have they fared? Just because Forbes Magazine values pro football franchises at between $2 and $3 billion does not mean that the citizenry sees much benefit from having a team.

For example, the Hackensack Meadowlands Giants are now said to be worth $2.8 billion, but New Jersey taxpayers are still paying interest on the old Giants Stadium, where the end zone was rumored to be Jimmy Hoffa’s resting place, and which was torn down so that a new stadium could be built in its place (“without public money”).

Most cities get a paltry rental stream from their subsidized ballparks, and that’s it. From the Seahawks, owned by Microsoft bigwig Paul Allen, Seattle gets $1 million a year in stadium rental income, while the team rakes in more than $200 million. And state taxpayers are on the hook for some $300 million in outstanding CenturyLink stadium bonds. (The 12th man abides.)

Super Bowl: Super Subsidy Sunday

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Football!

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World Cup 2014 and Brazil – Bread, Circuses, Crony Capitalism, Edifice Complex

If professional sports aren’t euvoluntary enough to survive on their own merits, then maybe more of us should hit the big orgs like FIFA, the NFL, and the NCAA where it hurts: right smack dab in the pocketbook. We may not have favelas in the States, but we do have a large, nearly unanimous literature that clearly states: “independent work on the economic impact of stadiums and arenas has uniformly found that there is no statistically significant positive correlation between sports facility construction and economic development.” (Siegfried & Zimbalist, JEP 2000)

World Cup Woe

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