It seems the National Football League can’t take a hint that sports and politics is not something America wants to mix. NFL ratings are in the tank after all the anthem protests and still the league hasn’t learned to keep its mouth shut.
The NFL has injected its political opinion, once again, by whining that the GOP’s tax-cut bill removes the bloated entitlements they’re used to receiving — they get tax-free bonds to help them build expensive stadiums. The claim is that building such enormous complexes is good because of all the “economic development” generated around the country.
Not so fast, said Sen. James Lankford (R-OK), who rejects this notion, saying it would save the federal government $200 million over the next ten years:
“Although stadium construction for multimillion-dollar sports franchises may have some local economic benefit, that is not the responsibility of the federal government. The federal debt is now at a ridiculous $20 trillion. Using billions of federal taxpayer dollars for the subsidization of private stadiums, when we have real infrastructure needs in our country, is not a good way to prioritize our limited amount of money.”
The Washington Times adds:
Federal taxpayers have helped underwrite about $13 billion in bonds to build or upgrade stadiums across all sports since 2000, according to a Brookings Institution study. Brookings estimates that the federal government has lost as much as $3.7 billion in tax revenue on the bonds, exceeding the $3.2 billion in savings they have created for team owners.
The NFL has a lot of nerve moaning about this, especially after the damage it has caused to the country. They are the only major sports league to come out swinging political fists.
These millionaire owners want U.S. taxpayers to subsidize their pet projects and line their pockets. No more.