Bye Bye Sonics

[bernie]

[ QUOTE ]
[ QUOTE ]
The Sonics leaving will be a huge loss on the local economy

[/ QUOTE ]

Statements like this, in my opinion, assume that entertainment money does not go elsewhere.

Do you think that everyone who spent $500 a year on Sonics games is going to put $500 in their savings account instead? No, they are gonna buy Seahawks tickets, M's tickets, go to movies, go to restaurants, or buy other stuff, entertainment or otherwise.

Not as easy to measure as the loss in revenue in certain Queen Anne restaurants, but I stand by the assertion that people continue to spend (as a percentage of their income) roughly the same amount on entertainment whether they have a Sonics team to support or not.

And how much did the Sonics care about the local economy? They were fine with lower Queen Anne restaurants and bars feeding and getting drunk their customers for years, but then turned around and said give us $200 million so we can put food and drink venues inside the arena, so all that money would flow to them instead of all the local businesses.

KJS

[/ QUOTE ]

Kind of refers to what KJS is talking about..

Link

b