Detroit filing for chapter 9 bankruptcy protection was devastating for communities all across Michigan. Seeing the pride and joy of Michigan turned upside down by financial crisis after financial crisis was hard for local residents to handle. There are plans being discussed as to how Detroit will get out of this tremendous hole they find themselves in. One such plan is to sell the city's
art collection, but some Detroit residents fear that selling part of the history of Detroit is not even an option. Others believe that Detroit could get a step ahead financially by selling their historical art pieces. The fact is nobody really knows how to get Detroit out of the financial mess they are in, and that is why they have had to file for
chapter 9 bankruptcy protection in the first place.
One area of interest still looms largely on the topic of making Detroit money, and that is
sports. The Detroit Tigers are coming down the stretch on yet another
World Series run, and this year the A.L. has given themselves home field advantage. Playing in October is a treat for baseball players for all of the hard work they have endeared throughout the season. Playing in October is also a great way for players to make their city money. According to
Forbes.com, the Detroit Tigers organization was worth about $478 million in 2012. No chump change there. The first 4 games of the World Series alone net teams a
profit of 25% of the revenue earned. There's no question that Detroit is depending on the Tigers making
the World Series again, and earning their city a few extra million. Are the
Detroit Tigers going to bail Detroit of of their financial crisis? No, absolutely not. But supporting Detroit's Tigers during their pennant race is the same as supporting Detroit city in its crisis.
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