Sports economist Andrew Zimbalist names the franchises and athletic organizations that exemplify the best and worst in management and finance.
Last year, the International Olympic Committee selected Rio de Janeiro to host the 2016 Summer Olympics, passing over bids from Chicago, Madrid, and Tokyo. But were the losing cities the actual winners? Was Rio de Janeiro—in part because of the cost involved in hosting the games—the actual loser?
Great article, quite perceptive about the the way sports influences and shapes lives. Wonder how many reading this article knows what a pyrrhic victory means......would be very interested in reading more of Andrew Golding's thoughts.
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