In professional sports, "opening the checkbook" to buy talent or infrastructure is a common idiom for aggressive franchise investment.
In the world of high-level giving, "checkbook buying" refers to donors who expect control in exchange for their contributions. checkbook buy
: Philanthropists are sometimes praised when they don't insist that their "checkbook buy [them] veto power" over creative or administrative decisions, such as Lillian Disney’s approach to the Walt Disney Concert Hall . 4. General Financial Education In professional sports, "opening the checkbook" to buy
A prominent use of this phrase appears in discussions regarding high-cost competitive youth sports, particularly "club" or "travel" volleyball and basketball. In professional sports
: It is also used to describe massive spending on practice facilities and arena upgrades to support a team's long-term success. 3. Philanthropy and Power
The term also surfaces in broader "adulting" and financial literacy contexts, where it is used to describe basic financial transitions.