Matt Potter 11:33 a.m., Aug. 29
State's Professional Sports Teams Ante Up for May 19 Ballot Measures
Look who’s backing the May 19 ballot measures, specifically the Yes on 1A campaign being waged by Gov. Arnold Schwarzenegger: The San Francisco Giants and Oakland A’s, along with the Golden State Warriors, San Jose Sharks, L.A. Lakers and Los Angeles Clippers. So report Matier & Ross in today’s San Francisco Chronicle.
The teams aren’t exactly in it for good government:
“…if Prop. 1A fails, the teams fear that Schwarzenegger and the Legislature will impose taxes on tickets to sports and other entertainment events to help bail out California.
“’No one pitched it to us that way directly,’ said one sports executive who asked not to be named. ‘But we all know they were thinking about taxing us before the measure went on the ballot.’
“The idea is: Better to help now than get hit later.
"As for why everyone gave $25,000?
"'After one team agreed to give $25,000, everyone did,' our sports exec said.
"The Anschutz Entertainment Group - which owns the Los Angeles Galaxy soccer team, the Los Angeles Kings hockey team and Los Angeles' Staples Center - gave $125,000."
As we’ve previously reported, Chargers owner Alex Spanos, who's been shopping around for the best taxpayer subsidy he can get, has already kicked in $100,000.