The Economics and Politics of the NFL
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 31 January 2014
⏱️ 51 minutes
🧾️ Download transcript
Summary
Will Sunday's Super Bowl be worth what it costs NJ taxpayers? Are subsidies for stadiums, operating costs and "inducement payments" enriching owners at public expense?
Transcript
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| 0:00.0 | From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point. |
| 0:08.6 | NFL, the non-profit football league. |
| 0:14.7 | Hello again, I'm Armin Alney, and this is To the Point from Public Radio International. |
| 0:18.7 | A daily look at the issues Americans care about most. |
| 0:21.1 | The National Football League is a tax-exempt non-profit, even though it makes $10 billion |
| 0:25.4 | in revenue every year. Individual teams are taxed, but they're also heavily subsidized by |
| 0:31.5 | states and cities across the country enriching their wealthy owners. Nobody knows if Sunday's |
| 0:36.4 | 48th Super Bowl at MetLife Stadium will compensate New Jersey taxpayers |
| 0:41.0 | for security, transportation, and trash collection. |
| 0:44.3 | Today will debate the public cost of America's most expensive national pastime. |
| 0:48.8 | Meantime, let the game begin. |
| 0:51.4 | Today's talking point, memorializing your loved ones online. First, here's the news. |
| 0:59.1 | Listen to KCRW's 24-hour all-news channel, stream BBC World Service, NPR and KCRW programs, |
| 1:07.5 | continuous coverage and accessible via our smartphone app or online at kCRW.com. |
| 1:13.9 | Support for To the Point comes from the members of KCRW and from the Public Radio International Program Fund. |
| 1:20.7 | Warren, I'll be back with To the Point. Will Sunday's 48th Super Bowl be worth what it cost the taxpayers of New Jersey. Our local subsidies for stadiums, |
| 1:29.7 | workout facilities, direct operating costs, and inducement payments just for staying in town, |
| 1:34.6 | enriching millionaire owners at public expense. We'll talk about that and the Seahawks and |
| 1:39.3 | Broncos. Today's talking point, you might have thought about what you'd like your survivors |
| 1:43.5 | to read on your gravestown stone. |
| 1:46.0 | What about a virtual memorial? |
| 1:48.0 | We'll hear about gone too soon.org and other services on the Internet. |
... |
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