Category: Depraved Owners

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On Jerry Reinsdorf and Donald Sterling

When the psychotic ranting of Los Angeles Clippers owner Donald Sterling went public this week, ambulance hospital I think we all felt a little ashamed that such a person a) lived and breathed and b) was somehow richer than everyone everywhere. But the moment that NBA Commissioner Adam Sliver banned Sterling from the league for life, buy viagra our horror and embarrassment turned into collective celebration. Racists be banished! Our faith in society restored!\n\nRejoicing came from sports team owners who are not vomitous cultural anachronisms, including our own Jerry Reinsdorf (and son Michael):\n

We completely support Commissioner Silver’s decision today regarding Clippers owner Donald Sterling … The league’s decision underscores the severity and reprehensible nature of the comments attributed to Donald Sterling … Discrimination and prejudice of any kind have no place in sports or in our society.

\nWho would disagree? But “discrimination and prejudice” take many forms. Bigoted language is one of the obvious manifestations but there are others that are more insidious. Because in the end, racism (like sexism) is about power: or one “race” wielding and maintaining power over another. And this is a project in which Jerry Reinsdorf actively takes part. Continue reading

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Depraved Owner of the Week: Tom Benson

Tonight the Bulls take on the New Orleans Pelicans, viagra buy ampoule or last season’s Hornets by another name.  So let’s take a look at Louisiana taxpayer “investment” in the various enterprises of Pelicans owner Tom Benson, site view or extortion by another name, thumb in this holiday double-length edition of Depraved Owners.\n\nName: Tom Benson\n\nNet Worth: $1.3 billion\n\nTeam: New Orleans Pelicans (formerly Hornets)\n\nForbes Team Valuation: Value $340 million; Revenue $100 million; Operating Income $3.3 million\n\nTenure: Since 2012, when he acquired the Hornets for $338 million.  Good luck with that!\n\nArena: New Orleans Arena (1999)\nOriginal Capital Cost (2010): $160 Million\nOriginal Public Capital Cost (2010): $160 Million (18%)\nSource: Judith Grant Long, Public-Private Partnerships for Major League Sports Facilities (Routledge)\n2013 Renovations: $50 million\nPublic Cost: $50 million\n\nCost of Game for a Family of Four (2012-13): $220.40\n\nOngoing Subsidies:\n\nIt’s difficult to separate Tom Benson the Pelican’s owner from Tom Benson the New Orleans Saints NFL team owner, and why try?  Through his ownership of both teams and property adjacent to the taxpayer-owned New Orleans Arena and Mercedez-Benz Superdome, Benson regularly receives oodles in renovation funding and tax breaks from the government.\n\nHere’s part of the recipe for the subsidy gumbo that Benson has cooking with the state of Louisiana Continue reading