Jul 12, 2011, 2:06 PM EST
This is not about baseball — it involves a football stadium — but if there is anyone out there who still thinks that public financing of professional sports facilities is a good idea, read this article in the Wall Street Journal about the Cincinnati Bengals’ stadium and then check your position again.
The lesson here isn’t about sports teams extorting a municipality. As is pointed out in the article, it’s about how it takes two to tango, both a sports team trying to get whatever it can (e.g. “holographic instant replay machines”) and a government with absolutely no will and/or ability to drive anything approaching a hard bargain, let alone simply saying no.
As the people in Cincinnati, Miami and a host of other places now know, all sense and accountability is thrown out the window when sports are involved.
- Report: Two agents rumbled in the parking lot at the Winter Meetings 30
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 38
- MLB rules committee decides to eliminate collisions at home plate 63
- Mariners sign Corey Hart to incentive-laden deal 28
- David Price would not consider an extension with the Mariners if he’s traded there 35
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)