The Business & Pleasure of Sports

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Some Sunday links: skybox tax breaks, locals sports figures sell real estate and more

Catching up on last week:

+ Duke law professor Richard Schmalbeck and Rutgers Business School professor Jay Soled had an interesting Op-Ed in the New York Times last week suggesting it’s time to retire tax deductions for businesses that buy suites and club seats at sporting events. The professors say the deductions have led not only to skyrocketing ticket prices but also a squeezing out of the non-corporate fan in favor of building ever more revenue-generating luxury suites. It makes me wonder, too, if all those deductions led in part to all that extra entertainment – the frills such as dance teams, contests, djs and the like -- to keep all those people who’ve spent that big money occupied.

+ Former Miami Dolphins majority owner H. Wayne Huizenga, who sold the team and stadium to Steve Ross last year, quietly sold the Floridian Golf and Yacht Club for $25.6 million, the Palm Beach Post’s Jose Lambiet reports here.

+ Ever feel like the Black Eyed Peas have become the soundtrack to life? Might be onto something. The Wall Street Journal’s piece on the band, including Miami Dolphins limited partner Fergie, as a brand is here.

+ Miami Heat guard Dwyane Wade sold his home…at a loss. Read more here.

+ Here’s the video to go with Creed singer Scott Stapp’s “Marlins Will Soar” – a rewriting of his song “You Will Soar” that honors the Florida Marlins and is shown on the scoreboard at Sun Life Stadium:

Categories: Florida Marlins (193), Miami Dolphins (186), Miami Heat (174), Tickets (126)

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About the author
CRAIG DAVIS In more than 33 years at the Sun Sentinel, Craig Davis has written about a wide variety of sports topics from baseball to yachting, fishing to triathlons, and also worked as a copy editor and page designer. Recently he reported on local sports, including running, swimming, cycling, equestrian and beach volleyball. He enjoys sports as a participant as well as a spectator, is active in the South Florida running scene plays in the curling club at Saveology Iceplex. This blog offers a glimpse at the business side of sports in the interest of enhancing enjoyment of the games and sporting options as a spectator as well as a participant.
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