The Privatization of Sports

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Image courtesy of Fenway Sports Group (FSG) and Live Nation, representing the MGM Music Hall at Fenway, next to Fenway Park, home of the Boston Red Sox (MLB).  
Image courtesy of Fenway Sports Group (FSG) and Live Nation, representing the MGM Music Hall at Fenway, next to Fenway Park, home of the Boston Red Sox (MLB).  

At first glance, one might be thinking, but sports are already private endeavors.  Furthermore, privatization normally means moving a business or industry from being nationalized, government, or publicly controlled to something else with fewer regulations.  What is happening in sports is a phenomenon not seen before.  Sports have always been private entities, but they are…...

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