Andrew Zimbalist agrees with me
Thursday, June 5, 2008
I've had a little unreasonable hero worship of Andrew Zimbalist, the sports economics professor, since I saw some of his work while writing an International Baccalaureate Extended Essay as a senior in high-school. Today, the deified professor was interviewed by Stephen Grocer of the Wall Street Journal blog, "Deal Journal". The premise of the interview was: Does Winning Mean a Higher Price for the Cubs? There's some good questions and they explore the issue in some detail, but the kicker for me was at the end.
Zimbalist: "I do know that certain perspective owners of the Cubs have talked to the people on the Red Sox about reworking the park. And it’s one of several reasons why I think the best deal for Cubs going forward is for the owner of the team to own the park."
This is good to hear from a learned man and helps to reinforce my smug sense of superiority as I've been telling anyone who will listen (not very many) that selling the team separately from the ballpark is in the long term disinterest of every stakeholder in the team, save possibly Sam Zell and the TribCo employees.
Posted by Byron at June 5, 2008 11:12 AM
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