Showing posts with label Wheeling Nailers. Show all posts
Showing posts with label Wheeling Nailers. Show all posts

04 May 2009

The sports franchise as civic organization

With some more rumblings that Wheeling may not have a very long time left in the ECHL, some of the message board chatter brought up an interesting--but not unprecedented--concept: the operation of a sports franchise not strictly as a business, but as a civic organization. The most notable example of this is the Green Bay Packers, who have operated as a public corporation since their inception in the 1920s. The corporation's bylaws state that all profits from a relocation will go to local charity (previously the American Legion, now the Green Bay Packers Foundation), helping to ensure that a metropolitan area about the size of Huntington has continuously held an NFL franchise for over 80 years.

The Packers aren't entirely a non-profit entity--they're in the NFL, such a concept would be an oxymoron--but there are a few teams that actually are: the Memphis Redbirds (AAA baseball), the Great Lakes Loons (A baseball, Midland, MI), and the Kentucky Horsemen (Arena Football 2, Lexington, KY). I like the idea primarily because the investment by the community in a sports team is not purely financial, but equally if not moreso emotional. It goes well with the last bit I brought up, the idea of having control of a team shared among a relatively large group of local investors.