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Message: [QUOTE="azfan, post: 5343887, member: 7748"] Provocative article outlining some of the complexity of the intersection of public policy and sports. *With luck the Women’s National Basketball Association will disabuse the governor, the treasurer, and state legislators out of using [B]pension money[/B] to become ...." An accelerating trend which I find concerning as a retiree with a public pension is the movement of pension funds into "alternative" investments. Attracted by the supposedly high return public sector pension managers facing the upcoming crisis of benefits greater than investments are searching for ways out of the crash. In Arizona one of the healthier public pension funds is approximately 70% funded. If 70% of our future obligations is considered healthy one can get a very firm grip on the scale of the approaching crisis. While the social security debacle will have to be addressed in the next 7 years and public pensions may be able to stagger on for another dozen it doesn't take a genius to figure out who's going to be left with the bill. Our children and grandchildren. Pension funds in a sports franchise will clearly be illiquid, uncertain, subject to a requirement to engage in some bizarre politics as outlined in the article. Thanks for posting this [/QUOTE]