When was the last time somebody cheered for T-bill interest rates? But you cheer when your team is on the court, so there is a lot to be said for the psychic value of owning a sports team.
Because of the clock, the three-quarters of us who live in eastern and central time zone don't get to see those clubs as much, don't get to see the highlights on Sports Center. For a nightly league that is largely dependent on national television revenue, that's a big issue.
It is more difficult to get public funds for sports facilities. State and local budgets are strained, services are being cut, taxes are being raised.
When you get out of the top 10 markets, it's really important how many other sports teams are in town. You want to move to a market with zero or one. Charlotte can definitely support two teams.
The Superdome has been one of the greatest sports facility investment a community has ever made, ... But it would be significantly diminished if the Saints left.
They took a chance to take a company owned by Comcast. That might end up being a very good thing ... Comcast can promote it -- on its own cable systems -- on ESPN, on Fox Sports Net. Let's see if they do so. That'll say how committed they are.