It goes without saying that the collapse of global credit markets and sharp decline in consumer spending have also affected the sports world. Here’s a sampling of how …
- The WNBA is cutting roster spots.
- Bundesliga, Germany’s top association soccer league, is pressing players to agree to a salary cap. (Granted, the cratering economy is probably just a tidy rationale for owners who crave a cap even in boom times, but there it is just the same.)
- Rank-and-file types might actually be able to afford those Wrigley Field rooftop seats.
- The Portland Trail Blazers, Portland Beavers, and Portland Potential MLS Franchise To Be Named are all wrestling over tax subsidies.
- The Yankees might be losing their corporate luster.
- Minor-league ballplayers are having trouble finding work in the off-season. (HT: BBTF Newsblog)
- In New Mexico (and in many other states) high-school tournaments are being scaled back.
- Titans of industry are being pressured to rethink sports-marketing partnerships.
- The NBA is borrowing money to cover teams’ operating losses.
But maybe things are sorta-kinda vaguely looking up? Maybe?