For the Record
Views
4302
Comments
20
Dallas
Jerry Jones envisions fans filling his new Texas stadium.

Are they worth the money?

No, not the millionaire stars. Rather their billion-dollar stages.

The question is fair now as Gotham concurrently raises two new baseball stadiums and Dallas flexes its luxury muscle. With the world's financial crisis continues to eviscerate taxpayers' savings, there has been public backlash in New York, demanding that Mayor Mike Bloomberg and the city to give up suites in exchange for cash. That was done soon after. In Texas, Jerry Jones has to be concerned with filling seats, let alone T.O.'s locker stall. As Ben Casselman writes in today's Wall Street Journal:

In a case of monumentally bad timing, this year three of the biggest names in pro sports -- the Yankees, New York Mets and Dallas Cowboys -- are opening three of the most expensive stadiums ever built, filled with premium-priced seats and luxury amenities. At a combined cost of more than $3.5 billion, the stadiums were conceived and financed in a vastly different environment, a time when corporations and municipalities were flush with cash. Now they're opening just as corporate America is going through a massive belt-tightening -- and trying to avoid the appearance of extravagance at all costs.

If you're a fan of the Yankees, Mets or Cowboys, are you bothered by the fact your team is opening a billion-dollar playground amidst one of the worst recessions in decades? Or are you simply happy your team is getting a sparkling new stadium, regardless of the cost or the circumstances?

Luxury Strikes Out [The Wall Street Journal]

Comment

Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.


Truth & Rumors

MOST POPULAR

  1. 1
    Tuukka Rask takes blame for Bruins' Game 1 loss
    Views
    1938
    Comments
    230
  2. 2
    Smush Parker allegedly punches high schooler
    Views
    1613
    Comments
    139
  3. 3
    Joel Quenneville's Midnight Hawk favored to win Illinois Derby
    Views
    410
    Comments
    88
  4. 4
    Quarterback freefalling down draft boards
    Views
    5601
    Comments
    87
  5. 5
    Oklahoma State pays Peyton Manning $105K for speech
    Views
    552
    Comments
    25

SI.com

SI Photos