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.)

No comments

Write a comment
  1. Joe Kocurek
    Joe Kocurek 9 March, 2010, 09:32

    The bill will actually apply to all professional sports receiving public subsidies.

    Joe Kocurek
    Office of Assembly Member Lori Saldana

    Reply this comment
  2. PRI
    PRI Author 9 March, 2010, 18:53

    Thanks for the correction, which I made, above.

    — John Seiler

    Reply this comment

Write a Comment

Leave a Reply


Related Articles

Brown may hint at Vergara plans with state education board picks

Gov. Jerry Brown has been vague about whether he agrees with the incendiary premise of last June’s decision in the

W. Sacto Mayor threatens local businesses

June 24, 2013 By Katy Grimes   A local Sacramento politician recently issued a threat to punish businesses who disagree

Give A Convict A Job

Katy Grimes: Never has it been more evident that California is in a downward spiral on the verge of economic,