ANOTHER BUBBLE BURSTING? Subsidized stadiums seldom sell out?

But the bloom may be off the rose. Along with other bits of anecdotal evidence, David Moulton reports that 10,000 seats are covered with a tarp in Jacksonville. Moreover:

Something strange happened on our radio show this week. We had Miami Dolphins tickets to today’s game against the San Diego Chargers to give away.

No one wanted them! Free tickets to an NFL game and they had less value than a station T-shirt. 2007 Dolphins tickets, I could totally understand, but these guys just drilled the Patriots.

Now, this moment could have been a fluke, but I don’t think so. I think the sports landscape is changing.

The question is whether the change is cyclical or permanent. Here's more on the cyclical worries for franchises.

Wouldn't be the first time a civilization overinvested in public spectacle.