Radio Appearance On The Cost Of Attracting NFL Team To Town

I participated in a radio discussion yesterday regarding on public radio KSTX ‘The Source,’ hosted by David Martin Davies, on the likely cost of attracting an NFL team, to move to San Antonio.

NFL owners in the last few decades have come to expect extraordinary public subsidies for their privately owned businesses. I estimated earlier in the week that San Antonio would have to start with a $500 million-type figure to get the conversation going with Mark Davis, the owner of the Oakland Raiders. I think that kind of public money deserves a bit more public discussion than it’s been getting locally.

Other guests on the program included UTSA professor Heywood Sanders, ESPN Columnist and author Gregg Easterbrook, and author Neil deMause.

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Raiders of our pocketbook

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I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.

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