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Impact of the Recession/Depression Cont'd

We have been discussion the impact of the Great Recession or the Not So Great Depression (your choice) in this space for so time. It's impact has been felt by every major professional sport and, to a lesser extent so far, by collegiate football and basketball. From the once invincible NFL, which has laid off over 150 people and seen its Commissioner cut his salary by 20% to golf and tennis which are losing corporate sponsors and consequently cutting back on tour stops. The New York Times today has a must-read on the impact of the economic crisis on practically each professional sport in North America. It's an excellent short look at where we stand today.

Full post as published by Sports Biz on March 22, 2009 (boomark / email).