Socializing Debt in Sports, While Privatizing Profit

Socializing Debt in Sports, While Privatizing Profit

Socializing Debt in Sports, While Privatizing Profit

It’s not about the $6 hot dogs, the $9 beers or the tickets you have to get a loan for. It’s about insane amount of tax dollars and corporate welfare that goes into American sports right now.

Facebook
Twitter
Email
Flipboard
Pocket

"In England, and Europe as a whole, they view owners as caretakers of their team," Nation editor Dave Zirin tells Morning Joe. "Here in this country—far to often—fans view it as, well it’s the owner’s team and they give us the privilege of going to watch." Zirin’s new book, Bad Sports, challenges this entire power relationship. Zirin says it’s not about the $6 hot dogs, the tickets you have to get a loan for your family if you want to go to a game, or the $9 beers. "It’s about the insane amount of tax dollars and corporate welfare that goes into American sports right now." As Art Modell said while he was the owner of the Baltimore Ravens, “When you have a room of NFL owners, it’s 32 capitalists who act like they’re socialists.”

Zirin explains that America is socializing the debt of sports, while privatizing the profits. “If public money goes into a team, I think the public should, at the very least, afford tickets, but at the very most have a piece of the team as well," he says. A year ago in DC, the metro went off the tracks killing nine people. Later, people found out that some of those trains hadn’t been refurbished since the Carter administration. Zirin says, that same year, a billion dollar publicly funded stadium was built in the city. The same thing occured in Minnesota in 2008, when the same week the Interstate 35W bridge collapsed (killing 13 people), they were going to break ground on the new $300 million publicly funded twin stadium that the people had rejected in 6 separate referendums. Zirin cites that "mister fiscal responsibility himself, Tim Pawlenty" signed off on it. “The amount of political hypocrisy here is unbelievable.”

-Melanie Breault
 

Thank you for reading The Nation!

We hope you enjoyed the story you just read, just one of the many incisive, deeply reported articles we publish daily. Now more than ever, we need fearless journalism that moves the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media.

Donate right now and help us hold the powerful accountable, shine a light on issues that would otherwise be swept under the rug, and build a more just and equitable future.

For nearly 160 years, The Nation has stood for truth, justice, and moral clarity. As a reader-supported publication, we are not beholden to the whims of advertisers or a corporate owner. But it does take financial resources to report on stories that may take weeks or months to investigate, thoroughly edit and fact-check articles, and get our stories to readers like you.

Donate today and stand with us for a better future. Thank you for being a supporter of independent journalism.

Thank you for your generosity.

Ad Policy
x