John Oliver on taxpayer subsidy of pro sports stadiums

On his HBO show Last Week Tonight, John Oliver provides an entertaining and enlightening encapsulation of America's ridiculous habit of taxpayer subsidies for sports stadiums.

MORE: The new Major League Baseball commissioner, perhaps inspired by the NFL holding LA relocation over the heads of existing NFL cities, sees the value in developing hungry potential new markets that can be used as a threat to get existing cities to pony up for new stadiums (emphasis added):

Manfred said MLB has compiled a list of cities that might be viable options through expansion or possible relocation from existing markets. Tampa Bay and Oakland have been mentioned as markets that could eventually risk losing their teams if their ongoing stadium issues are not resolved.

Manfred said the league remains hopeful that the Rays and Oakland Athletics will be able to obtain new ballparks without relocating, yet will examine other markets in case a team needs to move or the sport decides to expand.

The sport intends to "examine their viability, think about what we can do to make them more viable, so that we have business alternatives that are available to us," Manfred said.

Montreal, Charlotte, North Carolina, San Antonio, Portland, Oregon, Las Vegas, Oklahoma City, northern New Jersey, Mexico City or Monterrey, Mexico, are among the markets that could eventually land on baseball's radar as potential locations for new or relocated franchises.