Current Video:Horrow: Elections and Sports Business|
FOX Sports news analyst Rick Horrow discusses how the 2012 elections effect the sports world.
Automatically Generated Transcript (may not be 100% accurate)
I'm fox sports news analyst Rick -- getting ready for November 6 sports and elections. Like virtually every business in America the multibillion dollar sports industry has split apart supporting candidates and legislation. At the stake in the outcome of races from the national -- local level. It's no wonder the Obama and Romney campaigns. And -- to spend more than ten million dollar to play at in sports programs. The local level certain referendums. Rise above the rest. El Paso and go to the polls to vote on nearly 500 million dollars in downtown improvement bonds. I have quality of life out here as well all right the hotel act to finance a fifteen million dollar baseball -- -- The future -- El Paso from a national business perspective. Why -- these propositions. Voters in Glendale Arizona could adopt a proposition. That would repeal a local sales tax increase the act is critical for funding an arena management speak to be paid to the new owner and he's Coyotes. We're trying to lift the club out of bankruptcy. And finally. Residents in Miami Dade County you'll vote on a referendum to extend the Sony Open -- and all the rise to the million dollars and facility improvements. From Miami's Brandon park and a senator. The only open it's considered the -- slam and ask mark drew more than 325000. People of Miami. Win or lose these ballot issue will be highly contested as we get closer to November 6 for fox sports. Car.