John Oliver Explains The Biggest Scam In Sports

[cheryl]

A massive, ongoing, inexplicable scandal...

 

[UpstateNYUPSer(Ret)]

I didn't watch the video but assume that it was about how pro sports teams who, for lack of a better word, blackmail their host cities in to building multigazillion dollar stadiums with taxpayer funds or threaten to move to a city that will. It is a scam but one that will not go away any time soon.

 

[bbsam]

I didn't watch the video but assume that it was about how pro sports teams who, for lack of a better word, blackmail their host cities in to building multigazillion dollar stadiums with taxpayer funds or threaten to move to a city that will. It is a scam but one that will not go away any time soon.

I don't know if it's even a scam though. Cities just stupidly throw money away even though study after study show there is little to no economic return. That makes no sense.

 

[bottomups]

In Wisconsin, we are about to give $400 million to a group of billionaires to build their new playground for the Milwaukee Bucks. All the while having to borrow more for road construction, cutting $250 million for our public university system, etc.....

 

[Wally]

Cabela's business model is much the same. Tax payer welfare.