Henry Abbott not only says everything I could think to about the situation unfolding in Seattle, but adds a whole lot of other insights and then backs them all up with cool links and stuff. The start of a whole lot of interesting reading can be found
here.
1 comment:
If the Sonics are worth significantly more to a group who wants to move them to Oklahoma City than they are to a group that wants to keep them in Seattle, isn't it more efficient -- in the sense of maximizing social welfare -- to move them to Oklahoma City? And why should the current owners subsidize basketball fans in Washington if the city and the state won't cough up more money to keep them around?
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