The League

Gene Wang
Fantasy Guru

Gene Wang

A sports staff writer at The Washington Post

It's All About the Benjamins

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Billion dollar stadiums. One-hundred million dollar contracts. Million dollar endorsement deals. You see a pattern here?

So do NFL owners, who are laughing all the way to the bank, often at the expense of the very fans who support their product.

It's great for Cowboys owner Jerry Jones and Redskins owner Daniel Snyder that their teams are ranked Nos. 1 and 2 on Forbes's list of most valuable American sports franchises.

But does anyone outside those organizations really care?

Joe Fan isn't going to his local sports bar and proclaiming his team is worth more than yours. That's because the value of a franchise has absolutely no bearing on the average fan. What does is championships, and we're not talking Super Bowls from 15 or 20 years ago. We're talking current success on the field, not in the board room.

But for many owners, it's all about dollar signs. If Snyder can get away with charging $35 to park for Redskins home games, he will.

As long as fans keep shelling out exorbitant prices for everything from concessions to merchandise to obstructed view seats, owners will keep the prices high.

By Gene Wang  |  September 5, 2009; 10:00 AM ET  | Category:  Dallas Cowboys , Gene Wang , NFL , Washington Redskins Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati  
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Gene,

Your points are well taken. As long as there are people dumb enough to feed The Machine (Danny Boy), he'll keep taking and taking. And right now, the Skins are the only thing making money for Danny boy (Six Flags anyone?)

Posted by: dhenfan | September 5, 2009 10:44 AM

This entire affair demonstrates how intelligent the citizens of Los Angeles have been. One major city has refused to bend to the demand of the billionaires. Time and again the NFL has tried to get the city and county to chip in. Time and again the politicians have refused, recognizing that the voters would probably vote no. As far as I can see, Los Angles has not suffered from this decision. Instead, the billionaire owners of NFL franchises suffer a little because their television rights are not worth quiet as much.

Oh - and I guess no games will be blacked out in LA.

Congratulations LA. Keep up the good work. You may eventually get a stadium and a team without spending any taxpayer money. If you get the chance, vote against the idea.

Posted by: phil29 | September 5, 2009 6:10 PM

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