Adam Smith sure seemed like a guy with good intentions, believing we are all born with an innate moral sense and that the happiness of others is utmost important, even if it comes with no financial gain to ourselves.
My goodness. The father of modern capitalism sure never saw professional sports coming.
Welcome to simple economics in the world of fun and games, where markets fail to be competitive based on assorted displays of ownership power, where the overnight success of an expansion hockey team can drastically alter who is allowed to purchase tickets.
Las Vegas wanted major league professional sports in the most passionate manner for decades, and yet for all the good and positive ways they have and will benefit the town, such a presence comes with this reality: Private individuals will make final decisions about the distribution of goods, and you as the consumer don’t have a damn thing to say about it.