Saturday, February 26, 2011

And Not Just Baseball

Pierce:

And it is further evidence that, for all the huffing and blowing about large-and-small-market teams, and about "competitive imbalance" and all that rot, the primary reason that a franchise in a self-regulating, government-sanctioned monopoly gets in financial trouble is because its owners are either a) cheap, b) greedy, or c) dumb as a freaking socket wrench.