Quote: Tre Cool "Do you know why its called the world series?'"
Not because it was sponsored by a newspaper called The World, if that's what you're angling for.
Heres the explanation...
Translation: We're the of the world, so our teams are world champions.
The American model is all about extracting money for the owners. Its awful if you want to grow the game. There is a good reason American football has no other professional sports league outside of the US. The owners only care about enriching themselves. When they started losing a bit of money on NFL Europa, they pulled the plug straight away. The franchise isn't the ideal model, though I don't think that P&R is the magic pill for Super League. P&R only really works well if you're the most popular sport.
By the way, PLENTY of American sports team's hemorrhage money. Last year 15 teams in the NBA posted an operating income in the minus. There are 30 teams. NHL was worse with 18 teams posting an operating income in the minus. The difference with a lot of these other sports league is that their revenues are so much higher than SL that it makes investing more attractive.
Both P&R and franchise have their pros and cons. Neither are the right solution.