Billions in Subsidies for Big Sporting-Goods Chains
Bass Pro Shops and Cabela's have generous friends in high places
When Bill Winkler opened his small archery shop, he was prepared to compete against businesses large and small – but not against a government-financed competitor.
"The day Bass Pro opened here in Bossier, the number of arrows I sold dropped off by 50 percent," says Winkler.
A Bass Pro Shop opened in Bossier City in 2005 after city officials promised to give the retailer $38 million to pay for the construction of the 106,000-square-foot store in this Red River community.
Such deals are commonplace.
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