How to Curb Professional Sports' Bargaining Power vis-a-vis the American City

Abstract

This article argues that Congress needs to pass a bill that bans professional sports subsidies. Part I discusses the historical evolution of sports subsidies. Part II explains the inefficiencies in the legal and economic environment that have led cities to subsidize professional sports teams. Part III discusses four types of proposals intended to reduce subsidization, and Part IV concludes the best way to regulate professional sports is to pass a bill that outlaws sports subsidies altogether.

Keywords: sports, stadium, subsidies, antitrust, monopoly, prisoner's dilemma