In a Boston Globe article, Victor Matheson, associate professor of economics at the College of the Holy Cross, discussed the Red Sox’s plans to renew a street license deal. Though Yawkey way and part of Landsdowne Street are owned by the city of Boston, the Sox license the space for a fraction of the millions they make in vending sales. With their lease on the city streets soon to expire, the team is looking to extend this lucrative deal, with Matheson calling foul.
“[The Red Sox are a] pretty good corporate citizen,” commented Matheson, who went on to say that the team is, however, “punch[ing] above its weight” and using its mighty influence to outweigh other tax-paying businesses in the city.
“It’s not obvious why the Red Sox should get special consideration for doing what everyone else does, including mom-and-pop stores,” Matheson continued. “You shouldn’t get any great credit for doing your civic duty, right?”
This ‘Holy Cross in the News’ item by David Cotrone ’13.
Alumnus and Wife Named to 50 Most-Generous Philanthropist List for Record-Setting Gift to College
Chronicle of Philanthropy
When you read the Chronicle of Philanthropy’s “Philanthropy 50,” a special issue, which ranks the country’s 50 most-generous philanthropists of the year, you will...02/04/16
‘What I’m Reading: The Need and the Blessing of Prayer’
The Chronicle of Higher Education
In a piece for the Chronicle of Higher Education, Frank Vellaccio, senior vice president of the College of the Holy Cross, talks about his need for prayer as the College...02/02/16
Holy Cross Ranks Among Princeton Review’s Top ‘Colleges That Pay You Back’
The College of the Holy Cross is one of the nation’s best colleges for students seeking great academics, outstanding career preparation, and generous financial aid –...