NYSE Bearish; NYRB Bullish

The Dow Jones Industrial Average may be down 246 points, but things are looking positively Bullish on the other side of the Hudson River. Rumors are that the Red Bulls are going to fully fund their youth development academy teams. In other words, any player who’s good enough to play in the NYRB youth system will be able to play for free.

This is an encouraging sign that the league both is eager to support the new Development Academy and that the players in the academy won’t be limited to those who can pay $5,000-$10,000 a year.