Sep 8, 2010, 10:00 AM EDT
I’ve been on the “public financing for ballparks = bad” train for years, but apparently it’s just now dawning on actual public officials that giving billionaires free offices in which to operate their insanely-profitable businesses is a bad idea.
Today’s story on it in the New York Times details how a bunch of places — New Jersey, Indianapolis, Philadelphia, Houston, Kansas City, Memphis and Pittsburgh, among others — are still paying off debt for publicly-financed stadium projects for stadiums that no longer exist. The kicker to the article:
With state and local budgets stretched by the recession, politicians are
only now starting to look askance at privately held teams trying to tap
the public till.
And “only now” are we at a point, conveniently enough, where virtually every team in all of the major sports already has their publicly-financed park, stadium or arena, making the askance looks of politicians really convenient.
And I’ll bet dollars to donuts that this will all be forgotten by the time the Camden Yards-class parks are deemed obsolete and replacements are required.
- Jessica Mendoza to sit in for Curt Schilling on Sunday Night Baseball this week 40
- And That Happened: Wednesday’s scores and highlights 78
- MLB “actively studying” fan safety; Phillies plan to expand netting at Citizens Bank Park 26
- Marlins might move in and lower the fences at Marlins Park 25
- Astros beat the suddenly skidding Yankees, top last year’s win total 30
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week 131
- Joe Girardi would like Carlos Gomez to “play the game right” 90
- And That Happened: Tuesday’s scores and highlights 76
- Dan Patrick: When does ESPN cut ties with Curt Schilling? (198)
- Curt Schilling taken off of Little League World Series duty for making a really bad tweet (169)
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week (131)
- Phillies announcer calls Mets fans “obnoxious” (122)
- Let’s all argue about team chemistry again (118)