In todays' sports world, many owners are having to make the decision of ways to cut costs, and ways to keep up with the trends of todays sports age, which are growing by leaps and bounds. While the economy goes down, the sports market stays relatively the same. "Lucchino told reporters that despite the global economic crisis he expected ''crazy competition'' for the elite free agents. He said that spending on high-end free agents would be largely unaffected by the downturn.
''I think it's a little too soon to feel the likely effects of this deep recession that the country is veering into,'' said Lucchino, whose Red Sox announced last week that they were freezing ticket prices. ''There may still be some crazy competition going on for this year's free agents.''
This is seemingly true. But where is this money coming from? I'd like to know how, even though there are still people going to the games, where is all of this money is coming from? What about these companies that are going bankrupt, how are they still supporting pro-teams? I know that people are still putting money in, but are they getting it out? How much are the owners willing to spend??
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