Why subsidize millionaires and billionaires?
Here’s two cheers for Democratic Assemblywoman Lori Saldaña of San Diego. She’s introduced a new law that would ban stadium subsidies from taxpayers for the NFL — or any sports league — if it a “blackout” rule. Under the NFL’s current rule, if a game isn’t sold out within 72 hours of kickoff, broadcasts of it are blacked out for a 75-mile radius around the stadium.
I don’t give her three cheers — withholding one — because the ban should be comprehensive, whether or not leagues have blackout rules or not.
Today’s major-league owners are billionaires, with most of the NFL teams by themselves worth more than $1 billion.
The median salary in the NFL currently is $770,000.
Julius Peppers of the Carolina Panthers gets $16.7 million a year.
So, why should taxpayers subsidize the NFL? Supposedly, a city “loses” something if it doesn’t have an NFL team. Well, when I came to Southern California in 1987, we had two NFL teams: the Raiders and the Rams. Both left. I haven’t missed them even for a second.
If these millionaires and billionaires want new stadiums, they should pony up the money themselves.
— John Seiler
(Note: this was corrected to reflect that the bill would ban such subsidies for all leagues with blackouts, not just the NFL. — J.S.)
Related Articles
Brown: Botch Housing Even More
John Seiler: The housing crisis of recent years was caused by the government itself. The Federal Reserve Board — a
The $634 million 'performance issue'
With the Obamacare website crashing daily since it went online Oct. 1, it's a wonder anyone at all has been
Outside labor $ may cost GOP expected win in San Diego mayor’s race
Politico has done an unusually good job for an East Coast news outlet in describing the Tuesday, Feb. 11, special