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Wednesday, October 5, 2011

Washington Redskins Owner Dan Snyder Buys One Of World's Largest Yachts For $70 Million


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October 05, 2011
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Washington Redskins Owner Dan Snyder Buys One Of World's Largest Yachts For $70 Million Washington Redskins Owner Dan Snyder Buys One Of World's Largest Yachts For $70 Million

Controversial owner picks up a 224-footer.

 Read »

Las Vegas Bookies Are Scared To Death That The Detroit Lions Will Win The Super Bowl Las Vegas Bookies Are Scared To Death That The Detroit Lions Will Win The Super Bowl
Bettors have them at 75-1 odds.  Read »
The Best Sports City In America Is... The Best Sports City In America Is...
It's not New York.  Read »
Here's Recently Unearthed Footage Of One Of The Most Ridiculous College Football Endings Ever Here's Recently Unearthed Footage Of One Of The Most Ridiculous College Football Endings Ever
Central vs. Linfield, 2000.  Read »
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10 Sports Betting Myths That You Should Immediately Forget 10 Sports Betting Myths That You Should Immediately Forget
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Today in Slate: I Thought We Were Getting a New iPhone; Plus, Why Dick Cheney Should No Longer Be Allowed on Network TV

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Today: October 5, 2011

I Thought We Were Getting a New iPhone

I Thought We Were Getting a New iPhone

The unexciting iPhone 4S could open the mobile market for Google and Microsoft.

By Farhad Manjoo

READ FULL STORY | More Technology

"Now Is Not My Time"

"Now Is Not My Time"

With Chris Christie's announcement, the Republicans continue their search for an alternative to Mitt Romney.

By John Dickerson

READ FULL STORY | More News and Politics

The No-Dick Rule

The No-Dick Rule

Why former Vice President Cheney should no longer be allowed on network TV.

By Fred Kaplan

READ FULL STORY | More News and Politics

Dead Letter Office

Dead Letter Office

NFL 2011

NFL 2011

Before Hitler, Who Was the Stand-In for Pure Evil?

Before Hitler, Who Was the Stand-In for Pure Evil?

American Horror Story

American Horror Story

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The Question Amanda Knox Left Behind

The Question Amanda Knox Left Behind

The Boring Beatle

The Boring Beatle

Why Nicholson Baker Does So Much Writing at Friendly's

Why Nicholson Baker Does So Much Writing at Friendly's

The Shirt From Hell

The Shirt From Hell

News & Politics

Technology

Business

Arts

Life

Health & Science

Sports

Double X

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Sports Nut: No Basketball, No Problem

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Sports Nut
No Basketball, No Problem
Why a lost NBA season wouldn't be a disaster for local economies.
By Neil deMause
Posted Wednesday, Oct 05, 2011, at 04:30 PM ET

After another fruitless round of talks between the players and owners, it looks like the start of the NBA season—if not the whole thing—will soon be wiped out. It's not only hoops fans who are anxious at the prospect of a lost season. By all accounts, cities with NBA franchises have also been cringing in terror. With the start of the season a month away, we've already seen predictions of a "devastating" impact on Charlotte, N.C., businesses, a $55 million loss to the city of Indianapolis, and certain disaster for sports bars in Portland, Ore.

This kind of reporting is a staple of sports work stoppages, and it's easy to see why. Idle turnstiles and shuttered souvenir stands are obvious indicators of lost economic activity, and an easy visual symbol of the impact of the sports world's regular strikes and lockouts. The problem with these stories is that there's no evidence to support any of their claims. The lost city revenues, the devastation for local businesses—none of it ever happens.

"There is no way the NBA lockout will have any significant economic consequences," says the University of Alberta's Brad Humphreys, an economist who has studied the effects of sports work stoppages. Humphreys' most in-depth investigation came in 2001, when he and Dennis Coates of the University of Maryland-Baltimore County set out to determine the effects of the lockout that wiped out the first half of the 1998-99 NBA season. Since ...

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