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The American Sports Plutocracy Is Bullshit

Derek Thompson · 14 Aug 2026 · derekthompson.org

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Derek Thompson did not write this page.

Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

  1. American sports laws amount to a kind of out-in-the-open conspiracy to help a lucky few billionaires get much, much richer
  2. Major sports leagues are de facto cartels with the power to block entry and competition.
  3. economic research has repeatedly found that they rarely generate enough marginally income, employment, or tax revenue to justify the subsidy.