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.
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