15 September 2007
Where socialism actually works
Right here in the U. S. of A., in a place called the National Football League:
First of all, the league has a unique revenue sharing arrangement. Revenues from the ticket sales to the games are split equally between all 32 teams. Additionally, the NFL makes most of its money not from people attending the games, but from television. The NFL has a multibillion dollar television contract, and that is also split equally between all 32 teams.
The ramifications of this revenue sharing is that small market franchises such as the Green Bay Packers can compete with large market franchises such as the New York Giants.
This is not to say that every owner winds up with the same bottom-line numbers, but there exists enough parity to keep most of the teams competitive while insu