Here in the Twin Cities the two major sports teams, the football Vikings and baseball Twins are looking to build new stadiums, together totalling around a billion dollars. Reports vary, but it seems they’re willing to pitch in about 10-20% of the cost, and want the public to provide the rest.
The average salary of a baseballist is $2,555,476, with even the poorest team paying an average of $786,200. The average footballist earns a lowly $1,169,470, with an absolute minimum for a rookie player of $225,000.
Anybody who spends any amount of time playing in one of these leagues either becomes a millionaire, or wastes his money. All the owners are millionaires (with the exception of the Green Bay Packers). Most of the coaches, and a good number of the coaching staff, are millionaires or have wasted their money. Yet apparently neither team can survive without public subsidy.