Quote:
Originally Posted by Cappy
St. Louis, San Diego, and Oakland vs. Los Angeles.
Portland, Seattle, Markham vs. Calgary
The comparison to the situation in the NFL is weak. LA is one of the top 5 markets in the US. St Louis and Oakland are small and have substantially worse economic conditions.
Also, the NFL has capitulated and is willing to give the Chargers 300 million for a new arena in SD.
To your second point, again it comes down to the (irrational) emotional attachment we have with local sports teams - and professional sports in general. Is that emotional attachment worth 450 million bucks? What is it worth? (according to the Field of Schemes, 40 million)
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Not for football. The market has failed at least twice and this time the difference is TV money. If they had to survive on attendance this market will fail again.