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April 20, 2004
Team-theft tax in Cali?
Now here's an idea: California state assemblywoman Christine Kehoe of San Diego is preparing to introduce a bill to require cities that pilfer pro sports teams from elsewhere in the state to pay monetary damages for lost revenues. It's unclear how the value of the damages would be decided upon, and it would only affect team relocations within the state (as in the much-rumored transfers of the San Diego Chargers to L.A. or the Oakland A's to the South Bay), and it's unclear just how serious Kehoe is in any case (she says of the bill, "It's a discussion worth having") - but the real question is: Would cities try to cite the substitution effect as a way to get out of paying fines?