THE BUSINESS AND POLITICS OF SPORTS
If and when the Atlanta Thrashers National Hockey League franchise is sold and moved to Winnipeg, Manitoba, there will be those who will analyze the failure of the business to catch on in Georgia. Yes, the Thrashers ownership was bad, and there is enough evidence to completely convict the ownership of being thoroughly incompetent as a court proceeding proved.
But it is far more than just bad ownership that doomed the Atlanta Thrashers franchise and after a quarter of a century it is time to place the finger of blame on the real culprit on the potential Thrashers move along with the National Football League lockout, the potential National Basketball Association lockout and the struggles of various franchises to succeed economically in the sports arena.
It was the 99th Congress that revised the 1986 tax code and President Ronald Reagan who signed those changes into law.
A good number of cities should never have had "major league" sports franchises but those cities decided to go into the sports business by building stadiums and arenas and handing out leases to owners that became an albatross around the necks of taxpayers.