Wednesday, February 2, 2011

The Price of Football That Even Nonfans Pay

By MARK YOST
Wall Street Journal

Fans of the New York Jets would have liked nothing better than to be spending money to cheer on their team at Sunday's Super Bowl in Dallas. Unfortunately, their team was defeated by the Pittsburgh Steelers in the AFC Championship game. But in an odd twist of league economics and political gamesmanship, even those New Jerseyans who didn't die with the Jets or stop watching when the Giants collapsed in December will be paying for football. That's because the state (i.e., the taxpayers) still owes about $110 million in debt on the old Giants Stadium.

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