Sport: Dallas Down the Drain

Even the eyes of Texans popped a little last week at the size of the deficit run up by the National Football League's fledgling Dallas Texans, successors to the defunct and debt-ridden New York football Yankees. After two months of the season, the Dallas club was almost $250,000 in the red.

The franchise had been transferred to Dallas this year with notable hullabaloo. Texans, priding themselves on the biggest and best of everything, foresaw a bright future for their professional team with an estimated 1,000,000 fans to draw from. In theory, all that the...

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