Pro sports has become more looking like pure unadulterated greed than anything. It’s one thing to argue that market forces drive pricing but it’s another then to ask the public to fund your capital asset and then claim market forces drive pricing.
If the model requires massive subsidy for your capital asset, the answer is lower your prices and by extension player salaries.
It is disgusting that this owner made his enormous wealth from exploiting an Alberta resource, then moved to another country to avoid paying tax on his enormous wealth, and then asked the public to pay for his major capital asset on his luxury toy.
It’s so broken it’s tough to even imagine how we got here.
A baseball player just signed a $700mm contract yesterday. Does this make sense to anyone?
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