Wish the entire NFL followed the example of Green Bay....
Green Bay Packers Prove That Public Ownership of Organizations is Economical
In fact, all sports teams....

The numbers are staggering: Over the last two decades, local municipalities have spent nearly $15 billion constructing or renovating stadiums for the NBA, NFL, and MLB. And despite owners’ claims to the contrary, there’s extensive research indicating that these stadiums do not boost economic growth.

The city of Charlotte spent $260 million on the Bobcats’ new stadium. The entire franchise is only worth $281 million. The Bobcats are essentially a public trust that Michael Jordan is being allowed to operate for his own personal gain.

In their 2011 lockouts, both the NBA and NFL owners were willing to cancel games, and deny cities the very product they paid billions for, unless the players accepted a share of salaries so low that the owners would be guaranteed annual cost certainty.

In pro sports, like the law, workers generate the majority of the revenue. A law firm is nothing more than a collection of individual partners who control “books of business” of individual clients. Similarly, if the NBA’s 50 best players played in Europe, the league’s TV ratings, and its revenue, would plummet.

The city of Charlotte spent $260 million on the Bobcats’ new stadium. The entire franchise is only worth $281 million. The Bobcats are essentially a public trust that Michael Jordan is being allowed to operate for his own personal gain.

In their 2011 lockouts, both the NBA and NFL owners were willing to cancel games, and deny cities the very product they paid billions for, unless the players accepted a share of salaries so low that the owners would be guaranteed annual cost certainty.

In pro sports, like the law, workers generate the majority of the revenue. A law firm is nothing more than a collection of individual partners who control “books of business” of individual clients. Similarly, if the NBA’s 50 best players played in Europe, the league’s TV ratings, and its revenue, would plummet.

In their 2011 lockouts, both the NBA and NFL owners were willing to cancel games, and deny cities the very product they paid billions for, unless the players accepted a share of salaries so low that the owners would be guaranteed annual cost certainty.

In pro sports, like the law, workers generate the majority of the revenue. A law firm is nothing more than a collection of individual partners who control “books of business” of individual clients. Similarly, if the NBA’s 50 best players played in Europe, the league’s TV ratings, and its revenue, would plummet.

The city of Charlotte spent $260 million on the Bobcats’ new stadium. The entire franchise is only worth $281 million. The Bobcats are essentially a public trust that Michael Jordan is being allowed to operate for his own personal gain.

In their 2011 lockouts, both the NBA and NFL owners were willing to cancel games, and deny cities the very product they paid billions for, unless the players accepted a share of salaries so low that the owners would be guaranteed annual cost certainty.

In pro sports, like the law, workers generate the majority of the revenue. A law firm is nothing more than a collection of individual partners who control “books of business” of individual clients. Similarly, if the NBA’s 50 best players played in Europe, the league’s TV ratings, and its revenue, would plummet.

Law firm partners typically receive 80% of the income the firm generates. But after the lockouts, the NFL players now receive around 48.5% of the income generated while the NBA players receive around 51%. The owners have guaranteed themselves all the extra profit while shirking the risk.

As a result of this imbalance between public risk and private profit, the entire system of professional sport ownership in America has become little more than an elaborate slush fund for some of the country’s wealthiest individuals.

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On some nights I still believe that a car with the fuel gauge on empty can run about fifty more miles if you have the right music very loud on the radio. - HST

1983 300SD - 305000
1984 Toyota Landcruiser - 190000
1994 GMC Jimmy - 203000

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