How the Economy is Affecting Professional Sports: MLB

Not even the nation’s wealthiest baseball franchise is immune from the economic downturn. Recently, New York Yankees’ brand new stadium has plenty of empty seats, and it’s not in the nose bleed section. It’s the seats behind and to the side of home plate, the cleverly named Legends seating.

How the Economy is Affecting Professional Sports: Owner’s/Player’s Perspective

Houston Texans owner Bob McNair sums up the situation surrounding owners and professional sports team in the failing economy. “It’s a different business atmosphere than 20 to 30 years ago. Originally, we worried about selling tickets. Now we’ve got to worry about selling tickets, about keeping media partners happy, operating stadiums, keeping fans happy in [...]

How the Economy is Affecting Professional Sports: Fan’s Perspective

When starting my research on the recent economic depression and it’s affect on the sport industry, I believe the topic would prove relatively clear cut; increased economic pressure would cause fans to buy less tickets, thus decreasing revenue for franchises. After reading a few articles, I arrived at the conclusion that my preconceived notions were [...]

Recession Vs Depression

As anyone that has a computer, a TV, a radio, or even two cans tied together by strings has noticed by now that the United States economy is experiencing a recession. So what exactly is a recession? It really depends on who you ask.

“Hey Big Spender! Spend Some Time…” Thinking About Where Your Money Is Coming From

My biggest question about the economic crisis? What is the government going to do to prevent all of the bail out money (tax payers money) from going to pay for large bonuses and extravagant corporate “conferences”?

Tod Murphy – On the road to success?

Tod Murphy has taken a huge leap into the pool of dining.  He has stepped backwards and attempted to bring back the basics by supplying 60-70% of locally grown food.  Supporting local farmers is, what I believe, a very worthy cause.  Although this article was written four years ago, when I look at our economy [...]