Cry Me a River
I had the misfortune this morning
of reading in the Sun-Times an interview Bob Nightengale of USA Today did with
White Sox owner Jerry Reinsdorf. The Fiber
One didn’t sit well on my stomach after I read how Reinsdorf was “concerned the
union was maneuvering not to have a season.” Right, which is why they wanted to play 110
games. That’s just how I’d go about it.
Reinsdorf’s also concerned about
the future. “I’m very worried about next
year. There are just so many unknowns.” Cry me a river, Jerry. The strong and the fit survive, right? Isn’t the rule of American business?
Then, to make matters worse, I
read in today’s The Athletic that the Rangers, in their brand spanking new
ballpark, are furloughing an estimated sixty employees. This is a team that got the city of Arlington
to pay $500 million of the new park’s $1.2 billion cost and a team that is now
worth in the neighborhood of $1.75 billion, not to be confused with the net worth
of the people who bought the club; trust me, there are no poor guys
involved. And they have to lay people
off?
This is all God’s way
of telling municipalities not to get suckered into building stadiums for
professional sports’ teams. That money
never gets earned back. And it’s never
available to plug into budget shortfalls.
Why, the Rangers have themselves a lease that minimizes their tax
exposure. What a surprise.
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