For about 20 years, Ray Keating wrote a weekly column - a short time with the New York City Tribune, more than 11 years with Newsday, another seven years with Long Island Business News, plus another year-and-a-half with RealClearMarkets.com. As an economist, Keating also pens an assortment of analyses each week. With the Keating Files, he decided to expand his efforts with regular commentary touching on a broad range of issues, written by himself and an assortment of talented contributors and columnists. So, here goes...
Showing posts with label NHL. Show all posts
Showing posts with label NHL. Show all posts

Thursday, September 10, 2020

Sports Are Back But Americans Aren’t Happy

 by Ray Keating

The Keating Files – September 10, 2020

 

Many of us were waiting anxiously for the return of sports during this pandemic. And now that the NHL and NBA are in their postseasons, MLB is playing a dramatically shortened season, and the NFL kicks off tonight, well, it seems like a lot of Americans are pissed off with pro sports.

 


Just how bad has it gotten for the business of pro sports? Well, in a new Gallup pollmeasuring Americans’ views on 25 business or industry sectors, the sports industry ties for dead last – with the federal government. Yikes.

 

The sports industry is viewed positively (either very or somewhat positive) by only 30 percent of Americans. Again, that puts pro sports at the very bottom of the list with the federal government. However, at least the sports industry’s negatives aren’t as big as government’s, with the sports industry earning a 40 percent negative take (again, either very or somewhat) versus the federal government’s 50 percent (worst among the 25 sectors). (By the way, amidst all of the current and recent political insanity, it’s good to see that a notable chunk of Americans still holds a skeptical view of government.)

 

The sports industry also holds an edge over the federal government in terms of people holding a neutral view – 29 percent for sports compared to 20 percent for the feds.

 

But as Gallup makes clear, the big story in this year’s polling is the change for sports. It was noted, “The biggest slide … has been for the sports industry, with its positive score falling 15 points – from 45% to 30%. The sports industry now has a negative image, on balance, among Americans as a whole, with 30% viewing it positively and 40% negatively, for a -10 net-positive score. This contrasts with the +20 net positive image it enjoyed in 2019, when 45% viewed it positively and 25% negatively.”

 

And it’s gotten worse for sports across the board in terms of assorted breakdowns. From the 2019 poll to this 2020 poll, the net positives for sports moved in the wrong direction in category by category, such as going from +17 net positive to -7 among men; from +21 to -13 among women; from +36 among 18-34 year olds to +21; from +25 to -19 among 35-54 year olds; from +6 to -23 among 55+; from +4 to -22 among white Americans; from +51 to +16 among non-white Americans; from +11 among Republicans to -35; from +26 to -10 among independents; and from +16 to +11 among Democrats.

 

Parsing out the specific percentage-point contributions to this negative movement isn’t easy, but identifying the causes seem pretty straight forward. Some people are upset that sports leagues have become too political. Others believe that sports leagues haven’t done enough to address assorted societal ills, such as racism. And then there are simply sports fans who are displeased with how certain or all of the sports leagues have handled the challenges of this pandemic. 

 

We wanted sports, and far fewer are happy with sports. Go figure. I actually have a bit of sympathy for the people running the NFL, MLB, NHL and the NBA. Currently, they are in a no-win scenario. No matter what they do, significant parts of their fan base are going to be disgruntled. 

 

__________

 

See related...

 

“Should We Take Our Ball and Go Home When Pro Athletes Disagree with Us?”

 

“New Name for Redskins is Obvious: Washington Americans”

 

__________

 

Ray Keating is a columnist, novelist, economist, podcaster and entrepreneur.  You can order his new book Behind Enemy Lines: Conservative Communiques from Left-Wing New York  from Amazon or signed books  at RayKeatingOnline.com. His other recent nonfiction book is Free Trade Rocks! 10 Points on International Trade Everyone Should Know. The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

 

Keating’s latest novel is  The Traitor: A Pastor Stephen Grant Novel, which is the 12thbook in the series. The best way to fully enjoy Ray Keating’s Pastor Stephen Grant thrillers and mysteries is to join the Pastor Stephen Grant Fellowship! For the BEST VALUE, consider the Book of the Month Club.  Check it all out at

 https://www.patreon.com/pastorstephengrantfellowship

 

Also, tune in to Ray Keating’s podcasts – the PRESS CLUB C Podcast  and the Free Enterprise in Three Minutes Podcast  

 

Check out Ray Keating’s Disney news and entertainment site at www.DisneyBizJournal.com.

 

Wednesday, July 22, 2020

The Left and Fellow Conservatives Need to Stop Whining and Enjoy the Game

by Ray Keating
The Keating Files – July 22, 2020

No matter where one sits on the religious, philosophical and political spectrums, we all seem to like it when discovering sports or Hollywood stars who agree with us. At the same time, however, we’re bothered when people famous for making movies or excelling on fields of competition serve up views with which we disagree.

Well, okay. I’ve certainly been guilty of this, and my guess is that most people who care about issues have been as well. 

The question is: How do we react when presented by opposing views – indeed, views we might disagree with quite seriously?

Unfortunately, reactions on both the Left and Right these days tend to be, well, whiny. And does anyone really like whining? I don’t think so.


Among my fellow conservatives (including a good number who call themselves “conservative” but have no idea what it means), too many ramp up the whining because Hollywood is overly populated by liberals (and it is). The assumption is that everything, therefore, coming out of Hollywood is hard-core left wing. It’s especially whiny when some conservatives attack movies or television shows without seeing them, even taking on movies that haven’t been released yet (for example, that was the case with the fine 2018 film First Man). However, if individuals spent more time watching assorted movies, rather than whining about them, they might not only discover some solid storytelling, but also – to quote Arnold (Sam Jackson) in Jurassic Park, “Hold on to your butts” – some conservative themes.

And then there’s the latest controversies emerging as pro sports leagues prepare to return to action. 

This fan is especially appreciative that baseball will return on July 23, followed by the NHL on August 1, and the NFL in September, with golf, NASCAR and beach volleyball already back. (Yes, the NBA will be back at the end of this month, but I’ve never been a big NBA fan.) The sports drought due to the coronavirus pandemic has been too long for this fan, and I greatly appreciate the efforts being put forth by the respective leagues and players in being willing to step back on the field of play even as COVID-19 continues to spread in the U.S. I pray for their safety, and thank them for their efforts in bringing some enjoyment to Americans.

But there’s more in the mix now. The death of George Floyd while in Minneapolis police custody has justifiably led to an assortment of peaceful protests, and an expanded discussion of police brutality. Not surprisingly, many people, especially in minority communities, want to say their piece. That includes pro sports players.

No doubt, people will say and express opinions that others are going to disagree with, but that’s not a negative. Instead, it ranks among the many freedoms that we enjoy in this country, thanks to the ideas and principles expressed in and springing from the Declaration of Independence and the Constitution. Conservatives should understand this – perhaps more so than others given that conservatism recognizes the historic importance of the American founding documents and ideas.

The discussion should be robust but also civil – again, preferably absent of whining. 

Players are free to express themselves on the field of play, as long as their employers provide a thumbs up to do so on “company time,” if you will. If employers are reluctant to do so, then professional athletes also have the wherewithal and soapbox to express their opinions off the field.

In a statement, Farhan Zaidi, the President of Baseball Operations for the San Francisco Giants, said in part: “We support those who knelt peacefully to protest racial injustice and those who stood to express love of country. We do not see these as mutually exclusive sentiments and believe the freedom to express both is what our country is about.” Even if one disagrees with kneeling during the National Anthem, that’s a solid sentiment.

At the same time, sports fans who want their sports “politics free” can express their points as well. And of course, they are free to not watch sports. 

I have noticed, though, that those who declare that they will not watch sports in which a minority of players, for example, kneel during the National Anthem often seem to just be whining about individuals expressing views they don’t like. Many of these same people, after all, are simply delighted when a player blesses himself or points skyward as a thank you to the Lord. Are they outraged by all expressions of views or simply the ones with which they disagree?

Then there’s the occasional piece written that serves up some strange arguments amidst this controversy. Consider a column written by Victor David Hanson running at National Review. The author of The Case for Trump doesn’t generally seem too keen on the NFL, but the title of the piece boldly declares “The NFL is on the Brink.” Whoa! The brink of what? 

Before I highlight a few points, I did wonder if the headline overstated the article’s point, given that most columnists don’t have the final say on column titles and I have been victim of poor titles myself. But the title deftly captures Hanson’s prediction that “the NFL is in deep trouble like never before.”

Hanson makes some grandiose claims. For example, he writes, “Kaepernick’s rejection of ‘The Star-Spangled Banner’ eventually spread throughout the NFL.” Not true. Anyone watching games would have seen that a small fraction of players took a knee.

Hanson also writes, “Then game attendance fell. So did television viewership.” While NFL attendance has declined ever so slightly since 2016, it still remains strong, and other factors must be considered, especially the high cost of tickets (which have been rising relentlessly), when examining this recent small decline. As for television ratings, after a one-year dip, ratings have bounced back, and the NFL ranks as a juggernaut in the fast-changing world of television – with even bigger dollars likely to be raked in by the league when current television deals are up at the end of 2021 and 2022.

After some sarcastic ranting about proportional representation, Hanson predicts grave consequences for the NFL if players are allowed to express political views.

Hmmm, maybe. But I have my doubts considering where the nation is today. We’ll see. But my strongest takeaway from this piece was the following: More whining. It didn’t really contribute anything of value to the discussion.

As a conservative, I’m distressed when players take a knee during the National Anthem. I think it reflects an ignorance about what the flag stands for, and about the freedoms guaranteed by the foundational documents and principles of this nation. We are a nation of strong ideals, a love of freedom, and a respect for justice, and at the same time, we fall short and struggle to claw closer to those ideals.

I also tend to favor my sports being relatively politics free in a society in which everything seems to be increasingly politicized – from face masks during a pandemic to baseball games. It’s tiring, and narrows the spaces in society where we are able to come together simply as fellow Americans without regard to political views. A healthy society, again, as conservatives should understand, is not a highly politicized society. Politics and government are necessary evils given the realities of human nature, and should be relegated to the back seat or trunk – available when needed – and certainly shouldn’t be in the driver’s seat.

At the same time, I understand – more so in recent times – the gross shortcomings and bias of law enforcement in parts of this country, and the need for checks and balances to be working in all aspects of government. I once more turn to the founders who, again, understood the need for checks and balances given human nature.

My hopes? I hope to continue speaking in favor of this nation’s founding principles, including freedom and individual responsibility, as I long have. I hope to engage those with whom I disagree in a constructive manner, and in a way that will help to persuade, rather than chase away. I hope to limit my own whining, and remind others to stop whining. And while political expressions that I disagree with served up before or even during sporting events, no doubt, will continue to annoy me, I hope to keep in mind that we live in the greatest nation on earth that allows for such disagreement. 

Finally, I’m going to enjoy the games – after a long sports drought. I hope that Americans from across the religious, philosophical and political spectrums come together to watch some baseball, football, basketball or hockey. Indeed, we just might gain a better understanding of and respect for each other – and be able to persuade and learn – over a brew and ballgame.

__________

See related...


See recent...







__________

Ray Keating is a columnist, economist, podcaster and entrepreneur. You can order his new book Behind Enemy Lines: Conservative Communiques from Left-Wing New York from Amazon or signed books  at RayKeatingOnline.com. His other recent nonfiction book is Free Trade Rocks! 10 Points on International Trade Everyone Should Know. The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

Keating also is a novelist. His latest novel is  The Traitor: A Pastor Stephen Grant Novel, which is the 12th  book in the series. In addition, Heroes and Villains: A Pastor Stephen Grant Short Story is the Pastor Stephen Grant Book of the Month for July. The Kindle price has been cut to $2.99. Big sale on signed books and sets at https://raykeatingonline.com/t/book-of-the-month.

Also, tune in to Ray Keating’s podcasts – the PRESS CLUB C Podcast and the Free Enterprise in Three Minutes Podcast  

Wednesday, June 10, 2020

The Ills of Labor Unions, Part I: Baseball

by Ray Keating
The Keating Files – June 10, 2020

Confession is good for the soul. So, here goes: This free market economist was once a card-carry member of the Teamsters Union.  Wow, I feel better getting that off my chest.

Anyway, some might ask: What’s the problem with labor unions? Plenty, and assorted current events – including squabbling over a plan to bring back baseball – expose the ills of labor unions.


First, it’s important to understand the basic economics of labor unions. That is, labor unions overwhelmingly are about seeking to maximize the compensation of union members and to monopolize employment in an industry or business under a union, while also pushing to minimize the work being performed by those union members. Hmmm, and how does that work out? Of course, it’s a recipe for reduced competitiveness, lost business, lower profits, less investment in unionized businesses, and lost opportunities and jobs for union members over the long run.

Indeed, keep in mind that labor union membership in the early 1950s stood at about 33 percent of employed U.S. workers, and that tumbled to 10.3 percent in 2019. Even more striking has been the decline into irrelevance for unions in the private sector, with private sector union membership falling from 21.2 percent in 1979 to 6.2 percent in 2019.

As investment moves away from unionized businesses, productivity is reduced, which means less earnings for workers and lost profits for owners. Labor unions operate under the mistaken Marxist assumption that workers and business owners are at odds. But in reality, workers and owners rise and fall together. 

For example, investments made by owners in facilities, tools, technology and other innovations enhance productivity, which boosts both workers earnings and business profits. In addition, when owners and workers are focused on providing excellent products and customer service, both owners and workers benefit.

This is all Economic 101 and Business 101. But labor unions specialize in ignoring such basic lessons.

On the baseball front, Major League Baseball’s team owners and the Major League Baseball Players Association are working at odds – rather than together – to bring baseball back this season. 

Golly, what a surprise. Baseball’s owners and the union have been less than friendly over the years. So, with NASCAR back, the PGA Tour restarting this weekend, the NBA moving ahead with its plan to complete its season in Walt Disney World starting in late July, and the NHL trying to get back on the ice, baseball owners and players publicly bicker. 

What’s the beef? Naturally, the MLBPA is trying to squeeze every last cent out of an abbreviated season for its members in the face of grim financial circumstances.

The owners also are at fault for not being able to see early on in this pandemic shutdown that they might be playing without fans this season, and the resulting financial hit. But after the owners woke up to this harsh economic reality, the MLBPA has exhibited no interest in giving a damn, unwilling to revisit a March agreement for fully prorated salaries. Proposals go back and forth – with CBS Sports reporting that the MLBPA tossed out the latest plan for an 89-game season and expanded playoffs – but strife reigns. 

Meanwhile, baseball fans suffer, and so does the baseball brand and its goodwill – and that, of course, is bad for baseball and the players. This coronavirus pandemic presented an opportunity for the MLBPA to put aside its archaic union thinking, and do what’s right for fans, for the game, for the business of baseball, and for the long-run well-being of its members. But, no. 

It’s a strange thing that one can make the case that the strongest private sector union left in America is the MLBPA – a union representing wealthy athletes that play baseball for a living. Well, if anyone needs a union it would be men playing a children’s game for lots of money – right?

By the way, MLB can implement a season of its own choosing, and there have been rumblings about less than 50 games. That wouldn’t be a big hit with fans – though many would take anything – and the owners would risk further angering the vaunted MLBPA with the current collective bargaining agreement expiring in December 2021.

Team owners and players still have an opportunity to recognize that their fates are tied together. They could step forward in unity to bring back baseball at a time when the country needs it, and by doing so, while taking a short-term financial hit, improve the brand of baseball for the benefit of the game, its customers (the fans), the owners, and the players. It would be smart business, but labor unions have nothing to do with smart business.

__________

See related...


See recent...







See notable...


__________

Ray Keating is a columnist, economist, podcaster and entrepreneur.  You can order his new book Behind Enemy Lines: Conservative Communiques from Left-Wing New York from Amazon or signed books at RayKeatingOnline.com. His other recent nonfiction book is Free Trade Rocks! 10 Points on International Trade Everyone Should Know. Keating also is a novelist. His latest novels are  The Traitor: A Pastor Stephen Grant Novel, which is the 12th book in the series, and the second edition of Root of All Evil? A Pastor Stephen Grant Novel with a new Author Introduction. The views expressed here are his own – after all, no one else should be held responsible for this stuff, right?

Also, tune in to Ray Keating’s podcasts – the PRESS CLUB C Podcast and the Free Enterprise in Three Minutes Podcast 

Tuesday, January 28, 2020

Will the San Jose Sharks Actually Miss the Playoffs?

by Ray Keating
The Keating Files – January 28, 2020

The San Jose Sharks have had a rather incredible playoff run. The team has made the NHL postseason in 19 of the last 21 seasons. But San Jose currently sits outside a playoff spot. Do they have a shot to sneak in this year, once again?


Well, given the miracle season that the St. Louis Blues had last year – from last place in the entire league in early January to Stanley Cup champions – anything is possible in the NHL. But keep in mind, there’s a reason it’s called a “miracle season” – by definition, miracles are pretty rare.

Heading into last night’s game with the Anaheim Ducks, the Sharks had collected only 46 points in 50 games, and they sat 11 points out of a playoff spot with 32 games left. 

Impossible? No. Unlikely? Highly. To have a shot at this year’s postseason, the Sharks would have to win at least 22 of those last 32 games.

Last night, they started the post-All-Star-Game homestretch well by playing a nice game overall, beating the Ducks 4-2, with Patrick Marleau scoring twice.

But what’s been the Sharks’ problem this season?

It’s perplexing given that the team is not exactly lacking in talent, including such formidable players as forwards Tomas Hertl, Evander Kane, Timo Meier, and Kevin Labanc, and defensemen Brent Burns, Erik Karlsson, and Marc-Edouard Vlasic, with veteran contributions from the likes of Joe Thornton and Marleau.

Nonetheless, it hasn’t been happening. Again, heading into last night’s contest, the team ranked 15thout of 18 Western Conference teams in goals scored, and dead last in goals against. That’s a painfully obvious recipe for a losing season.

Defense has been miserable, and that includes just dismal goaltending by Martin Jones. Aaron Dell has performed better in the net, though still handcuffed by a defense that falters far too often. Dell deserves to get the bulk of the starts for the rest of the season to see if he can spark something (and he played well last night vs. the Ducks).

The firing of head coach Pete DeBoer, replacing him with interim coach Bob Boughner, has failed, thus far, to provide any inspiration or energy, nor has it put an end to brain farts that have plagued Sharks play throughout the season. 

Of course, team captain Logan Couture being injured earlier this month was a big negative as well. But they weren’t exactly lighting the league on fire with Couture on the ice.

So, barring miracles, questions loom for all teams likely to miss the postseason, in particular with the NHL trade deadline approaching on February 24th. It wouldn’t be surprising to see the Sharks move defensemen Brendon Dillon and/or Tim Heed, or forward Melker Karlsson, given that they’ll be unrestricted free agents after the season. 

However, things might be a bit different in San Jose compared to other teams. The case can be made that the Sharks don’t need that many changes or additions to get back in the playoff picture. Topping the list is goaltending.

It’s hard to blame this season on the moves that GM Doug Wilson has made. The players still have to play, and the coaches have to coach. Get a leader behind the bench and a strong goalie, and the Sharks just might return to their seeming default setting of making the postseason in 2020-21. 

__________

Ray Keating is a columnist, a novelist (his latest novel is The Traitor: A Pastor Stephen Grant Novel, which is the 12thbook in the series), an economist, a nonfiction author (among his recent works is Free Trade Rocks! 10 Points on International Trade Everyone Should Know), a podcaster, and an entrepreneur. The views expressed here are his own.

Monday, May 21, 2018

Free Enterprise in Three Minutes - Episode #12: No, Apple and the NFL Are Not Monopolies

Politicians, the media and more than a few economists rather haphazardly toss around the word “monopoly.” Ray Keating sets the record straight on what a monopoly actually is, and no, Apple, the NFL and Major League Baseball are not monopolies.

Tune in at http://www.buzzsprout.com/155969/707801-episode-12-no-apple-and-the-nfl-are-not-monopolies


Thursday, February 25, 2016

Where Are the Islanders Headed Next?

by Ray Keating

Gee, couldn’t see this one coming. What? The New York Post reported that the Islanders are not too happy playing in Brooklyn.

After last season, the Islanders cleared out of the aging Nassau Coliseum for the Barclays Center. But the Brooklyn arena was not built with hockey in mind. The Isles managed to move into an arena with the second smallest seating capacity in the league. Oh yes, and there’s the fact that the team has no real fan base in Brooklyn. This season, the Islanders have the third lowest average attendance in the NHL.

Whoops.

As reported, though, the team and the Barclays Center have an opt-out after the fourth season the Islanders play in the arena.

But where would the Islanders go?

No doubt, many Long Island fans want to see their team come back. That’s especially the case given that the Islanders improved their play during their last season in Nassau and are playing well this year. Islanders fans waited so long to get a winner back, and then the team went off to Brooklyn.

But a move to Nassau or Suffolk County seems unlikely. The Nassau Coliseum renovation will make that arena even smaller than Barclays, and who would fork over the dollars for an arena in Suffolk? Not to mention that it’s a highly questionable endeavor to place an NHL team on the island. Other than the cable TV deal, the Islanders on Long Island made little sense over the years.

Interestingly, the NHL is considering expansion, with Quebec and Las Vegas in the running, along with Seattle. Heck, Quebec has a new arena with no NHL team. For good measure, Kansas City has an arena without a team.

Here’s my guess: Las Vegas and Quebec get expansion teams, and the Islanders head off to Kansas City eventually.

Remember the Kansas City Scouts once played in the NHL, and then moved on to become the Colorado Rockies, and finally the New Jersey Devils. If the Isles wind up on K.C., just think of it as the New York metro area returning the favor.

______________

Mr. Keating is an economist and novelist who writes on a wide range of topics. His Pastor Stephen Grant novels have received considerable acclaim, including The River: A Pastor Stephen Grant Novel being a finalist for KFUO radio’s Book of the Year 2014, and Murderer’s Row: A Pastor Stephen Grant Novel winning for Book of the Year 2015.

The Pastor Stephen Grant Novels are available at Amazon…