By Ken Reed
Several decades ago, Jim Bouton, the former New York Yankee, said baseball owners have it made. “Who’s got a better deal than baseball owners?” said Bouton.
“You have no factories, no raw materials, no inventory and no technological obsolescence in a monopoly business that binds your employees to you for the first six years after they’re hired. The media give you free publicity, the taxpayers build the stadiums and the players provide the labor.”
The story remains about the same today. And it’s not just baseball owners. It’s a similar situation for NFL and NBA owners.
Given that an investment in an MLB, NFL or NBA team is about as good — and safe — an investment as anybody can make in the United States, why does our government also give pro sports franchise owners lucrative tax breaks that teams use to build new stadiums and arenas?
Reps. Earl Blumenauer (D-Ore.), Jackie Speier (D-Calif.) and Don Beyer (D-Va.) recently reintroduced a bill called “No Tax Subsidies for Stadiums Act.” Upon enactment, the bill would halt the lucrative stadium tax break immediately.
“There is no justification for these multibillion-dollar franchises to be eligible for tax-exempt municipal bonds,” said Speier.
“This is tax dollars that could be used for any number of really important public-interest programs. Over the course of 20 years, it [represents a loss of] $4 billion — and probably much more.”
It’s hard to argue with that.
If these billionaire owners need loans they can go down to the marketplace and get in line with other business owners. We don’t need to be giving them taxpayer handouts.
Ken Reed, Sports Policy Director, League of Fans
Sports Forum Podcast
Episode #31 – League of Fans’ Sports Forum podcast: Foul Ball Safety Is Still an Important Issue at Ballparks – Our guests are Jordan Skopp, founder of FoulBallSafety.com and Greg Wilkowski, a Chicago based attorney. We discuss the historical problem of foul balls injuring fans, why some teams are still hesitant to put up protective netting in some minor league and college baseball parks, and the fact the vast majority of players are for more protective netting in stadiums.
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Episode #30 – League of Fans’ Sports Forum podcast: The State of College Athletics with Dr. David Ridpath: Problems and Potential Solutions – Ridpath is a sports administration professor at Ohio University and a member of The Drake Group, a college sports reform think tank.
Episode #29 – League of Fans’ Sports Forum podcast: The Honorable Tom McMillen Visits League of Fans’ Sports Forum – McMillen is a former All-American basketball player, Olympian, Rhodes Scholar and U.S. Congressman. We discuss the state of college athletics today.
Episode #28 – League of Fans’ Sports Forum podcast: A Chat With Mano Watsa, a Leading Basketball and Life Educator – Watsa is President of PGC Basketball, the largest education basketball camp in the world. We discuss problems in youth sports today.
Episode #27 – League of Fans’ Sports Forum podcast: Kids’ Sports: How We Can Take Back the Game and Restore Quality Family Time In the Process – Linda Flanagan is author of “Take Back the Game: How Money and Mania Are Ruining Kids’ Sports and Why It Matters.” We discuss how commercialized and professionalized youth sports are hurting kids and their families.
Episode #26 – League of Fans’ Sports Forum podcast: How Can We Fix Youth Sports? – John O’Sullivan is Founder and CEO of Changing the Game Project and author of “Changing the Game: The Parents Guide to Raising Happy, High Performing Athletes and Giving Youth Sports Back to Our Kids.”
Media"How We Can Save Sports" author Ken Reed appears on Fox & Friends to explain how there's "too much adult in youth sports."
Ken Reed appears on Mornings with Gail from KFKA Radio in Colorado to discuss bad parenting in youth athletics.
“Should College Athletes Be Paid?” Ken Reed on The Morning Show from Wisconsin Public Radio
Ken Reed appears on KGNU Community Radio in Colorado (at 02:30) to discuss equality in sports and Title IX.
Ken Reed appears on the Ralph Nader Radio Hour (at 38:35) to discuss his book The Sports Reformers: Working to Make the World of Sports a Better Place, and to talk about some current sports issues.
- Reed Appears on Ralph Nader Radio Hour League of Fans’ sports policy director, Ken Reed, Ralph Nader and the New York Times’ Tyler Kepner discussed a variety of sports issues on Nader’s radio show as well as Reed’s updated book, How We Can Save Sports: A Game Plan. Reed's book was released in paperback in February, and has a new introduction and several updated sections.
League of Fans is a sports reform project founded by Ralph Nader to fight for the higher principles of justice, fair play, equal opportunity and civil rights in sports; and to encourage safety and civic responsibility in sports industry and culture.
Vanderbilt Sport & Society - On The Ball with Andrew Maraniss with guest Ken Reed, Sports Policy Director for League of Fans and author of How We Can Save Sports: A Game Plan
Sports & Torts – Ken Reed, Sports Policy Director, League of Fans – at the American Museum of Tort Law
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