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Ex-MLB Commissioner Fay Vincent Says Sports Gambling Likely to Be Legalized Soon

Related Topics: Fay Vincent, Vincent

Former MLB commissioner Fay Vincent said he believes legalized sports gambling is an inevitability that will fundamentally alter sports as we know it.

"I know that [gambling] is precisely why these prices are going up," Vincent told ESPN's David Purdum of the prices of sports franchises. "I've been really astonished and can't believe, with the amount of money that's going to flow to sports if gambling is permitted, that it's not a subject of interest. And no one seems to be paying attention."

Vincent, 79, was MLB's commissioner from September 1989 to September 1992.