Potsdam High School graduate speaks today on CNBC about beleaguered L.A. Clippers owner
POTSDAM -- A Potsdam High School graduate was featured on the financial cable news network CNBC this morning, and mentioned his hometown on air.
Patrick Rishe appeared on the “Squawk Box” morning show to discuss the implications of Tuesday’s National Basketball Association ruling requiring Los Angeles Clippers owner Donald Sterling to sell his team for making racist comments.Rishe writes on the economics of professional sports for Forbes.com and owns Sportsimpacts, which conducts economic impact studies for sporting events. During his appearance on the show, he told the nationwide audience he grew up in Northern New York and mentioned Potsdam while bantering with the hosts.
However, Joe Kernen, one of the Squawk Box hosts, apparently is not familiar with how far away Potsdam is from the rest of the state. “Isn’t that where Cornell is?” he asked.
Rishe said he expects the Clippers will be sold to a new owner within the next year due to the controversy. He is also professor of economics at Webster University’s Walker School of Business & Technology in Webster Groves, Mo.