Has the Recession Hurt Professional Sports?

Even the Yankees have been stung by the tough times. (AP Images)"]

The recession is nothing new to us all. We have been hearing about how it has been hurting everyone. Large corporations like GM have filed for bankruptcy and the unemployment rate is through the roof.

So is it hurting professional sports?

Of course it is. Attendance is down across the board, and even in beautiful new ballparks like in New York City.

Teams have to spend more wisely, and for most it means not making that risky move that could pay off in a playoff run.

In the NHL, the Phoenix Coyotes are in limbo, waiting to see if someone wants to buy them because they can't afford to run as is.

Many teams have had to cut back in front office positions and some of the staff that would normally help the team out on the road.

Thankfully fans can still watch most sports on TV for free, otherwise it would be really bad.

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