#197 How Texas High School Football Became A Billion Dollar Business

High school football in Texas has taken on a world of its own. We’re seeing $50 million-plus stadiums built, restaurants experiencing an economic boom in the Fall, and thousands of people attending games every Friday night. So today’s newsletter examines how Texas became the country’s biggest football hotbed, and how the economics of the sport incentivize the construction of multi-million-dollar stadiums.