Econ2005 the economics of sport and entertainment

THE ECONOMICS OF SPORT AND
ENTERTAINMENT
ECON2005

IN SPORTS TODAY THE PHOENIX CARDINALS, WHO USED TO BE THE ST. LOUIS
CARDINALS, TOOK A SEEMINGLY INSURMOUNTABLE THREE-TOUCHDOWN LEAD INTO THE
FOURTH QUARTER OF THEIR GAME AGAINST THE INDIANAPOLIS COLTS, WHO USED TO BE
THE BALTIMORE COLTS—NOT TO BE CONFUSED WITH THE BALTIMORE RAVENS, WHO
USED TO BE THE CLEVELAND BROWNS—ONLY TO SEE THE GAME SLIP FROM THEIR
GRASP WHEN, WITH THREE SECONDS LEFT IN THE GAME, THE COLTS ANNOUNCED THAT
THEY WERE MOVING TO ALBUQUERQUE TO BECOME A PROFESSIONAL HOCKEY TEAM.
Dave Barry
PUBLIC FINANCING OF SPORT - WHO PAYS?