The NFL Players Association contends that its members and team owners shouldn’t be the only ones worried about a possible lockout next year if they can’t settle on a labor contract.
The NFLPA sent letters to Texas Gov. Rick Perry and Dallas Mayor Tom Leppert reminding them that cancellation of the 2011 football season could cost $160 million in “lost jobs and revenue” for the region.
In addition, a group called Don’t Mess With Success — described as a “diverse coalition of football fans, small businesses, community leaders and other associations” — sent a letter to Arlington City Manager Jim Holgersson warning about a $140 million economic hit to the region from canceling the season.
Number of economists consulted for comment for the story: zero. Accordingly, the article never discusses the possibility that in the case of an NFL lockout, sports fans in Dallas might, you know, find something else in Dallas to spend their money on. This is the well-known “substitution effect” — possibly best exemplified by the fact that when baseball went on strike in 1994, movie rentals and comedy clubs saw their business skyrocket. But finding that out would require a five-minute Google search, which is a lot to ask of newspaper writers.