Smith College Professor to
Testify Before Senate Judiciary Committee on Public Funding for
Professional Sports Stadiums
Andrew S. Zimbalist, Robert A. Woods
Professor of Economics at Smith College, will testify before
the U.S. Senate Judiciary Committee beginning at 2 p.m., Tuesday,
June 15, regarding a bill before the senate sponsored by Senator
Arlen Specter, R-Pa., that calls for Major League Baseball (MLB)
and the National Football League (NFL) organizations to pay up
to 50 percent of construction costs for new stadiums.
Zimbalist, the author, with Stanford
University's Roger Noll, of "Sports, Jobs and Taxes: The
Economic Impact of Sports Teams and Stadiums," has become
a renowned expert on the business and economics of professional
baseball, basketball and football since the 1992 publication
of his book, "Baseball and Billions." He recently testified
before the Connecticut state legislature regarding the state's
failed proposal to move the New England Patriots to Hartford
and in 1996 testified before the New York State legislature on
a new stadium proposed for Manhattan's West Side. Zimbalist also
served as a consultant to the National Basketball Association's
players' union during negotiations last year with the league's
owners.
Specter's proposed bill, which is co-sponsored
by senators Orrin Hatch, R-Utah, and Joseph Biden, D-Delaware,
would grant the NFL an antitrust exemption to control relocations
of league franchises and continue a Major League Baseball antitrust
exemption on the condition that each league place 10 percent
of its television revenues into a trust fund that would finance
up to 50 percent of the costs for their teams' stadium construction
and renovations.
Zimbalist's testimony, while supportive
of some type of legislation that would limit the amount of public
financing used by professional sports teams in building arenas,
will challenge the fine points of Specter's proposal.
"More needs to be done to bring
sports industry welfare under control," says Zimbalist.
"Senator Spector's effort is to be commended. The task now
is to make appropriate refinements to the bill and to overcome
the ever-so-effective lobbying efforts of the NFL and MLB by
enlisting support for the measure among members of Congress from
outside the few cities and states currently being extorted for
large public stadium subsidies."
Zimbalist, who was named the 1998 Sports
Journalist of the Year by New York's Village Voice, is currently
writing a book on the economics of college sports.
June 11, 1999
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