09.24.2009 2:09 pm
St. Louis Post-Dispatch
The St. Louis Rams apparently don’t have to worry about a television blackout for their home opener, but it could become an issue later in the season. Fans of the Jacksonville Jaguars, for example, have already suffered from the National Football…

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05.29.2009 10:48 am
St. Louis Post-Dispatch
The Memphis Redbirds’ debt problems, which we reported here yesterday, apparently are hurting efforts to sell the minor-league baseball team. The Memphis Commercial Appeal reports:
Difficulty in making the annual $5.4 million in bond payments, which are broken into March 1, Sept.…

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05.28.2009 9:58 am
St. Louis Post-Dispatch
The Memphis Redbirds, the AAA farm club of baseball’s St. Louis Cardinals, are in default on their stadium bonds.
The team issued $50 million worth of bonds in 1998 to pay for the acquisition of the team and the construction of…

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04.07.2009 5:14 pm
St. Louis Post-Dispatch
Impressive-sounding economic impact estimates have become a staple of every major sporting event. See, for example, the Detroit Free Press story mentioning a $30 million to $50 million benefit from the NCAA men’s basketball championship, and our own story about…

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02.11.2009 11:50 am
St. Louis Post-Dispatch
Forbes magazine thinks losing sports teams make people miserable. So do lousy weather, high taxes, public corruption, crime, traffic jams, unemployment and environmental eyesores. And guess which city, alone among the 150 biggest in America, ranked in the bottom half of all those…

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01.19.2009 10:13 am
St. Louis Post-Dispatch
If you are looking for a reason to be optimistic about the stock market, try reading today’s sports-page headlines. According to a piece of Wall Street folklore, if a team from the “old” NFL (meaning from before its merger with the…

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12.01.2008 10:43 am
St. Louis Post-Dispatch
Terry Angstadt, president of the Indy Racing League’s commercial division, says the U.S. ethanol industry didn’t include all the facts when it criticized the IRL’s sponsorship deal with Brazil. In an email, Angstadt points out that U.S. producers essentially had first…

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11.21.2008 10:56 am
St. Louis Post-Dispatch
The ethanol industry tends to issue a press release after any perceived slight, and the targets usually are Big Oil or the food industry. This week, it’s taking on the hallowed ground of auto racing, the Indianapolis 500.
The IndyCar Series, it seems,…

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11.10.2008 9:57 pm
St. Louis Post-Dispatch
While the real Fannie Mae and Freddie Mac are working on a program to cut beleaguered homeowners’ mortgage bills, the St. Louis Blues have invoked the firms’ names in announcing a “bailout” promotion of their own. As part of a…

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09.11.2008 11:27 am
St. Louis Post-Dispatch
Here’s something St. Louis doesn’t want to hear after the Rams’ opening-day debacle: A city’s economic fortunes may rise and fall with the record of its football team.
That’s the conclusion reached by Michael C. Davis, an economist at the Missouri University of…

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