Articles on Team owners
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Sports journalism has sometimes been called the ‘toy department,’ since it was known for less serious reporting. But the sports page has an opportunity to take on a real watchdog role.
Research has repeatedly found that stadiums generate little economic benefit, while subsidy referendums often fail when put before voters. Yet team owners continue to receive billions in tax dollars.
Investors want to buy the basketball team for a record sum.
Joan Whitney Payson, the first female owner to buy a baseball team, won over the press in the Mets’ disastrous 1962 season by treating them as partners, not adversaries.
It turns out that handing over taxpayer dollars to billionaire owners tends to be far less popular among regular citizens than among well-connected government officials.
Led by a Black businessman named Bob Douglas, the New York Rens, who played their first game on Nov. 3, 1923, became one of the best basketball teams in the country.
A sports economist explains how the deal leaves players with a fundamentally different – and in many ways, worse – arrangement than their counterparts in the other major US sports leagues.






