The Economic Impact Of Sports Facilities Franchises And Events

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The Economic Impact of Sports Facilities, Franchises, and Events

Author : Victor A. Matheson
Publisher : Springer Nature
ISBN 13 : 3031392485
Total Pages : 233 pages
Book Rating : 4.0/5 (313 download)

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Book Synopsis The Economic Impact of Sports Facilities, Franchises, and Events by : Victor A. Matheson

Download or read book The Economic Impact of Sports Facilities, Franchises, and Events written by Victor A. Matheson and published by Springer Nature. This book was released on 2023-10-10 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume discusses the economic impact of sports facilities, franchises, and events on local economies. Written in honor of Robert Baade upon his retirement, the book provides a state-of-the-art of current research on the economic impact of sports, and recognizes the seminal contributions that Dr. Baade has made to this topic. The analysis of the economic impact of spectator sports is a vital public policy topic as $75 billion has been spent on stadium construction since 1990 in the US alone, with nearly $35 billion of this coming from taxpayer subsidies. True public cost of sports franchises is much higher than this as this figure excludes facilities outside the Big 5 domestic leagues (like NASCAR track, NCAA facilities, minor league baseball, and the Canadian Football Leagues), public subsidies for major events like the Super Bowl or Olympic Games, and excludes sports subsidies outside of direct stadium construction subsidies. Including contributions from many of the most notable researchers studying the economic impact of sports, topics include impacts of stadiums and franchises on local economies, labor markets, and tax collections, the effect of sports franchises on property values, and changes in the public and academic discourse on sports subsidies over time. This volume will be of interest to researchers and students of sports economics, management, public policy, and public finance.

Sports, Jobs, and Taxes

Author : Roger G. Noll
Publisher : Brookings Institution Press
ISBN 13 : 0815720408
Total Pages : 540 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Sports, Jobs, and Taxes by : Roger G. Noll

Download or read book Sports, Jobs, and Taxes written by Roger G. Noll and published by Brookings Institution Press. This book was released on 2011-03-01 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: America is in the midst of a sports building boom. Professional sports teams are demanding and receiving fancy new playing facilities that are heavily subsidized by government. In many cases, the rationale given for these subsidies is that attracting or retaining a professional sports franchise—even a minor league baseball team or a major league pre-season training facility--more than pays for itself in increased tax revenues, local economic development, and job creation. But are these claims true? To assess the case for subsidies, this book examines the economic impact of new stadiums and the presence of a sports franchise on the local economy. It first explores such general issues as the appropriate method for measuring economic benefits and costs, the source of the bargaining power of teams in obtaining subsidies from local government, the local politics of attracting and retaining teams, the relationship between sports and local employment, and the importance of stadium design in influencing the economic impact of a facility. The second part of the book contains case studies of major league sports facilities in Baltimore, Chicago, Cincinnati, Cleveland, Indianapolis, San Francisco, and the Twin Cities, and of minor league stadiums and spring training facilities in baseball. The primary conclusions are: first, sports teams and facilities are not a source of local economic growth and employment; second, the magnitude of the net subsidy exceeds the financial benefit of a new stadium to a team; and, third, the most plausible reasons that cities are willing to subsidize sports teams are the intense popularity of sports among a substantial proportion of voters and businesses and the leverage that teams enjoy from the monopoly position of professional sports leagues.

The Impact of Professional Sports Franchises on Local Economies

Author : Jeffrey Pierro
Publisher : CreateSpace
ISBN 13 : 9781500720568
Total Pages : 72 pages
Book Rating : 4.7/5 (25 download)

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Book Synopsis The Impact of Professional Sports Franchises on Local Economies by : Jeffrey Pierro

Download or read book The Impact of Professional Sports Franchises on Local Economies written by Jeffrey Pierro and published by CreateSpace. This book was released on 2014-08-05 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no doubt that professional sports franchises and stadiums generate a significant amount of economic activity, but is the impact on the local economy positive, negative, or neutral? Studies have shown that, while franchises can give the economy a boost in the short term, there are little to no long-term positive effects. This capstone will examine the trend in public financing of stadiums, look at the impact of stadium location, explore the factors of the economy that are impacted by professional sports franchises, and determine if the effects vary by sport or by region. Several major case studies will be examined to provide specific examples, including the most recent Super Bowl in New Jersey. Once the literature review is complete, regression analysis will be used to make an ultimate conclusion on the value of professional sports franchises and stadiums in the United States and the optimal location in which to start a new professional sports franchise in the United States. This will be done using data from 2001-2012 and variables that have been proven to have an impact one way or another. The result will be a prediction of the type and location of the next professional sports franchise in the United States.

Sport and Public Policy

Author : Charles Andrew Santo
Publisher : Human Kinetics Publishers
ISBN 13 : 9780736058711
Total Pages : 267 pages
Book Rating : 4.0/5 (587 download)

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Book Synopsis Sport and Public Policy by : Charles Andrew Santo

Download or read book Sport and Public Policy written by Charles Andrew Santo and published by Human Kinetics Publishers. This book was released on 2010 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sports figures, events and organisations affect our society in vast, varied and sometimes unexpected ways. This title tackles some of the most compelling connections between the sports world and public policy. It begins by examining issues related to professional sports. It also explores amateur sports and public health.

The Impact and Evaluation of Major Sporting Events

Author : Holger Preuss
Publisher : Routledge
ISBN 13 : 1317995961
Total Pages : 134 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis The Impact and Evaluation of Major Sporting Events by : Holger Preuss

Download or read book The Impact and Evaluation of Major Sporting Events written by Holger Preuss and published by Routledge. This book was released on 2013-09-13 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of politicians is to attract new investment to their city or region in order to develop infrastructure such as telecommunications, transportation, housing or even sport and entertainment facilities. Sporting events are also intended to achieve intangible ends such as a better image, more know-how, stronger networks, emotional commitment and additional cultural benefits and enhanced identity. All these so called ‘event structures’ can improve sites in a city/region by strengthening certain location factors. They may improve general living conditions in the longer term and also boost the income of citizens by attracting new businesses, tourists, conventions or new events. Finally they may foster economic growth at the city, regional or national level. This collection is of particular interest for anyone who intends to enter a bidding process for a major sporting event. It offers the host of an event a good introduction to the potential ways to generate economic benefits and will enhance understanding of the economics behind major sporting events. This book was previously published as a special issue of European Sport Management Quarterly

Circus Maximus

Author : Andrew Zimbalist
Publisher : Brookings Institution Press
ISBN 13 : 0815738625
Total Pages : 257 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Circus Maximus by : Andrew Zimbalist

Download or read book Circus Maximus written by Andrew Zimbalist and published by Brookings Institution Press. This book was released on 2020-06-30 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond the headlines of the world's most beloved sporting events Brazil hosted the 2016 men's World Cup at a cost of $15 billion to $20 billion, building large, new stadiums in cities that have little use for them anymore. The projected cost of Tokyo's 2020 Summer Olympic Games is estimated to be as high as $30 billion, much of it coming from the public trough. In the updated and expanded edition of his bestselling book, Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup, Andrew Zimbalist tackles the claim that cities chosen to host these high-profile sporting events experience an economic windfall. In this new edition he looks at upcoming summer and winter Olympic games, discusses the recent Women's World Cup, and the upcoming men's tournament in Qatar. Circus Maximus focuses on major cities, like London, Rio, and Barcelona, that have previously hosted these sporting events, to provide context for future host cities that will bear the weight of exploding expenses, corruption, and protests. Zimbalist offers a sobering and candid look at the Olympics and the World Cup from outside the echo chamber.

Brookings Papers on Economic Activity: Spring 2017

Author : Janice Eberly
Publisher : Brookings Institution Press
ISBN 13 : 081573252X
Total Pages : 175 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Brookings Papers on Economic Activity: Spring 2017 by : Janice Eberly

Download or read book Brookings Papers on Economic Activity: Spring 2017 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2017-10-10 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.

Handbook on the Economics of Sport

Author : Wladimir Andreff
Publisher : Edward Elgar Publishing
ISBN 13 : 1847204074
Total Pages : 849 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Handbook on the Economics of Sport by : Wladimir Andreff

Download or read book Handbook on the Economics of Sport written by Wladimir Andreff and published by Edward Elgar Publishing. This book was released on 2006 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: The editors should be commended for taking on such a big task, and succeeding so well. This book should be in the library of every institution where students have to write a paper that may be related to sport, or on the shelf of any lecturer teaching economics or public finance who has even a remote interest in sport. The material is very accessible, and useful in many different settings. Ruud H. Koning, Jahrbücher f. Nationalökonomie u. Statistik Edward Elgar s brilliant market niche is identifying a topic in economics, finding editors who know the area backwards and challenging them to assemble the best cross-section of relevant articles either already published or newly commissioned. Handbook on the Economics of Sport is Edward Elgar at its very best. If you love economics you ll find many fascinating insights here; if you love sport but know little economics then this book is mostly accessible and will teach you a lot; and if you are a sports-mad economist then you will be in hog heaven. Furthermore, if, like this reviewer, you are broadly very sceptical about the reports consultants produce for governments on the supposed economic windfall from hosting a big event or subsidising a stadium then you will get a lot of good counter-arguments in this volume. Indeed there are several chapters on the above theme that I m sure I ll be copying frequently to government officials in years to come. . . The demand for sport is a fascinating subject and it is hard to pick out just one chapter from the second section. Read them all they make a wonderful 65-page treat. . . Part VI was a real feast, a smorgasbord. . . This is a magnificent piece of work and the 36-page index rounds it all off splendidly. John Blundell, Economic Affairs The book covers the most important areas of research of an emerging economic sub-discipline spanning the past half a century. It serves admirably the purpose of an introduction into the rich and growing area of reflection for all concerned. . . the editors and authors of the Handbook have done a commendable job of accumulating sophisticated material for many economists, managers, politicians and self-conscious fans, who are sure to find excellent training ground for the whole heptathlon. . . This book will be invaluable for advanced students investigating professional sport. From the point of view of lawyers, particularly those engaged with the relationship between law and sports governance, the Handbook offers invaluable analysis of the economic issues that are alluded to in those debates but rarely examined in detail. . . These insights will also prove useful for policy analysts and sports administrators for whom many sections should be considered mandatory reading. Aleksander Sulejewicz, Journal of Contemporary European Research Over 800 pages on the economics of sport. What a feast! What a treat! The editors have done a wonderful job both in terms of breadth from David Beckham to child labour in Pakistan and depth, tournaments and luxury taxes for example. . . The 86 chapters are uniformly of a very high standard and illuminating. And there are real gems in some of the contributions. British Journal on the Economics of Sport This very interesting and comprehensive book achieves its objective, namely to present an overview of research in sports economics at an introductory level. . . [The editors] have produced an excellent reference book that belongs in all academic institutions libraries. It provides extensive introduction to the growing body of literature in the rising field of economics of sport. The book s relevant monographs should be read by institutions, cities and countries prior to their committing major resources towards sports facilities or a sporting event. James Angresano, Journal of Sports Economics One could think of this book as the sports-and-economics counterpart to Joy of Cooking, because it will satisfy the needs of those with a keen interest in such subjects as the

Pay Dirt

Author : James P. Quirk
Publisher : Princeton University Press
ISBN 13 : 0691187940
Total Pages : 583 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Pay Dirt by : James P. Quirk

Download or read book Pay Dirt written by James P. Quirk and published by Princeton University Press. This book was released on 2018-06-05 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why would a Japanese millionaire want to buy the Seattle Mariners baseball team, when he has admitted that he has never played in or even seen a baseball game? Cash is the answer: major league baseball, like professional football, basketball, and hockey, is now big business with the potential to bring millions of dollars in profits to owners. Not very long ago, however, buying a sports franchise was a hazardous investment risked only by die-hard fans wealthy enough to lose parts of fortunes made in other businesses. What forces have changed team ownership from sports-fan folly to big-business savvy? Why has The Wall Street Journal become popular reading in pro sports locker rooms? And why are sports pages now dominated by economic clashes between owners and players, cities with franchises and cities without them, leagues and players' unions, and team lawyers and players' lawyers? In answering these questions, James Quirk and Rodney Fort have written the most complete book on the business and economics of professional sports, past and present. Pay Dirt offers a wealth of information and analysis on the reserve clause, salary determination, competitive balance in sports leagues, the market for franchises, tax sheltering, arenas and stadiums, and rival leagues. The authors present an abundance of historical material, much of it new, including team ownership histories and data on attendance, TV revenue, stadium and arena contracts, and revenues and costs. League histories, team statistics, stories about players and owners, and sports lore of all kinds embellish the work. Quirk and Fort are writing for anyone interested in sports in the 1990s: players, players' agents, general managers, sportswriters, and, most of all, sports fans.

Sport Facility Operations Management

Author : Eric C. Schwarz
Publisher : Routledge
ISBN 13 : 1317568192
Total Pages : 406 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Sport Facility Operations Management by : Eric C. Schwarz

Download or read book Sport Facility Operations Management written by Eric C. Schwarz and published by Routledge. This book was released on 2015-06-05 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anybody working in sport management will be involved in the operation of a sports facility at some point in their career. It is a core professional competency at the heart of successful sport business. Sport Facility Operations Management is a comprehensive and engaging textbook which introduces cutting-edge concepts in facilities and operations management, including practical guidance from professional facility managers. Now in a fully revised and updated second edition—which introduces new chapters on capital investment and operational decision-making—the book covers all fundamental aspects of sport facility operations management from a global perspective, including: ownership structures and financing options planning, design, and construction processes organizational and human resource management financial and operations management legal concerns marketing management and event planning risk assessment and security planning benchmarking and performance management Each chapter contains newly updated real-world case studies and discussion questions, innovative 'Technology Now!' features and step-by-step guidance through every element of successful sport facilities and operations management, while an expanded companion website offers lecture slides, a sample course syllabus, a bank of multiple-choice and essay questions, glossary flashcards links to further reading, and appendices with relevant supplemental documentation. With a clear structure running from planning through to the application of core management disciplines, Sport Facility Operations Management is essential reading for any sport management course.

The Economics of Sports

Author : William S. Kern
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880992107
Total Pages : 154 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis The Economics of Sports by : William S. Kern

Download or read book The Economics of Sports written by William S. Kern and published by W.E. Upjohn Institute. This book was released on 2000 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authored by economists, the six essays collected here provide a picture of economic principles at work in the arena of big-time sports. The 1998-1999 NBA lockout, the economic effects of sports stadiums, and the level of parity in leagues and conferences are used to present analyses of contemporary economic issues including industrial organization, influences of labor markets, the effect of racial discrimination, market power, the behavior of cartels, and price discrimination. Annotation copyrighted by Book News Inc., Portland, OR

The Impact of Sports Arenas on Land Values

Author : Gabriel M. Ahlfeldt
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis The Impact of Sports Arenas on Land Values by : Gabriel M. Ahlfeldt

Download or read book The Impact of Sports Arenas on Land Values written by Gabriel M. Ahlfeldt and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a hedonic price model explaining standard land values in Berlin. The model assesses the impact of three multifunc-tional sports arenas situated in Berlin-Prenzlauer Berg which were de-signed to improve the attractiveness of their formerly deprived neighbourhoods. Empirical results confirm expectations about the impact of various attributes on land values. Sports arenas have significant positive impacts within a radius of about 3000 meters. The patterns of impact vary, in-dicating that the effective impact depends on how planning authorities address potential countervailing negative externalities.

Sports Economics

Author : John L. Fizel
Publisher : Praeger
ISBN 13 : 0275963306
Total Pages : 0 pages
Book Rating : 4.2/5 (759 download)

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Book Synopsis Sports Economics by : John L. Fizel

Download or read book Sports Economics written by John L. Fizel and published by Praeger. This book was released on 1999-08-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sports industry presents many unusual and interesting opportunities for the application of economic theory and econometrics. In 15 professional papers, this book addresses current economic issues in the industry, including the problem of competitive balance, the location of professional sports teams and their impact on local communities, managerial decision making, and issues related to labor markets. Extending the previous research in sports economics, the papers reflect the most recent applications of economic theory in this area. The book will be a valuable resource for professional economists working on sports economics topics. In two opening chapters on competitive balance, the contributors develop a model for college football and examine the impact of balance on attendance in major league baseball. In a section on the location of professional sports teams, the chapters then develop a model to predict the location of expansion teams, make econometric estimates of the impact of Super Bowls on the host city, and analyze the ownership of stadiums and arenas. Managerial decision making is discussed in chapters that examine alternative econometric models of production in baseball, use a production function model to analyze technological change in Major League Baseball, examine the management of team streaks, consider the competitive balance between American and National Leagues, analyze the efficiency of player trades in the National Basketball Association, and estimate the impact of participation in inter-collegiate sports on academic performance. In the final section on labor markets, the contributors estimate the impact of owner collusion on baseball players' salaries, consider the impact of the new collective bargaining agreement in Major League Baseball, analyze the impact of being a union representative, and examine the impact of the National Football League's salary cap on player's salaries.

Sport and the Pandemic

Author : Paul M. Pedersen
Publisher : Routledge
ISBN 13 : 1000224775
Total Pages : 215 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Sport and the Pandemic by : Paul M. Pedersen

Download or read book Sport and the Pandemic written by Paul M. Pedersen and published by Routledge. This book was released on 2020-09-28 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a close look at how the sport industry has been impacted by the global Coronavirus pandemic, as entire seasons have been cut short, events have been cancelled, athletes have been infected, and sport studies programs have moved online. Crucially, the book also asks how the industry might move forward. With contributions from sport studies researchers across the world, the book offers commentaries, cases, and informed analysis across a wide range of topics and practical areas within sport business and management, from crisis communication and marketing to event management and finance. While Covid-19 will inevitably cast a long shadow over sport for years to come, and although the situation is fast-evolving and the future is uncertain, this book offers some important early perspectives and reflections that will inform debate and influence policy and practice. A timely addition to the body of knowledge regarding the pandemic, this is an important resource for researchers, students, practitioners, the media, policy-makers, and anybody who cares about the future of sport.

Managing Major Sports Events

Author : Milena M. Parent
Publisher : Routledge
ISBN 13 : 100021088X
Total Pages : 523 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Managing Major Sports Events by : Milena M. Parent

Download or read book Managing Major Sports Events written by Milena M. Parent and published by Routledge. This book was released on 2020-11-29 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Major Sports Events: Theory and Practice is a complete introduction to the principles and practical skills that underpin the running and hosting of major sports events, from initial bid to post-event legacy and sustainability. Now in a fully revised and updated new edition, the book draws on the latest research from across multiple disciplines, explores real-world situations, and emphasises practical problem-solving skills. It covers every key area in the event management process, including: • Bidding, leadership, and planning; • Marketing and human resource management; • Venues and ceremonies; • Communications and technology (including social media); • Functional area considerations (including sport, protocol, and event services); • Security and risk management; • Games-time considerations; • Event wrap-up and evaluation; • Legacy and sustainability. This revised edition includes expanded coverage of cutting-edge topics such as digital media, culture, human resources, the volunteer workforce, readiness, security, and managing Games-time. Each chapter combines theory, practical decision-making exercises, and case studies of major sports events from around the world, helping students and practitioners alike to understand and prepare for the reality of executing major events on an international scale. Also new to this edition is an "Outlook, Trends, and Innovations" section in each chapter, plus "tips" from leading events professionals. Managing Major Sports Events: Theory and Practice is an essential textbook for any course on sports event management or international sports management, and an invaluable resource for all sport management researchers, practitioners and policymakers. Online resources include PowerPoint slides, multiple choice questions, essay questions, stories, and decision-making exercises.

Managing Sport Events

Author : T. Christopher Greenwell
Publisher : Human Kinetics
ISBN 13 : 1492590665
Total Pages : 273 pages
Book Rating : 4.4/5 (925 download)

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Book Synopsis Managing Sport Events by : T. Christopher Greenwell

Download or read book Managing Sport Events written by T. Christopher Greenwell and published by Human Kinetics. This book was released on 2019-06-28 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Running a successful sporting event—whether it’s a local event, state championship, or international competition—requires the knowledge and skills to plan, organize, promote, lead, and communicate effectively. Managing Sport Events, Second Edition With Web Resource, will prepare readers to manage events with ease, guiding them through the entire process, from event conception to postevent evaluation. Merging research findings with best practices, Managing Sport Events, Second Edition, presents the key principles of event management to prepare students to enter the field with the skills needed to immediately engage in event production and evaluation. With updated references throughout, the second edition emphasizes practical application by offering plenty of contemporary examples and learning opportunities for students: New industry profiles at the beginning of each chapter showcase professionals putting theory into practice Added sections address emerging trends and topics, such as sustainability and event security Examples show how new technologies can be utilized for event management and event presentation Scenarios highlighting recreational and community events better represent smaller-scale events such as a local 5K run or a youth basketball tournament Case studies and learning activities at the end of each chapter allow students to put theory into practice A new web resource offers mini case studies with multiple-choice questions that provide immediate feedback to help students gauge their comprehension Managing Sport Events, Second Edition, leads students through the reality of what it takes to conduct a successful event. Starting with event conception and development, the text then addresses key planning areas, including staffing, budgeting, marketing, promotion, sponsorship, and legal and risk management. It then moves into key operational areas such as services, logistics, and on-site management, and it concludes the process with postevent duties and considerations. Managing Sport Events, Second Edition, integrates the traditional business segments of sport management with the unique requirements of event management. This guide is an essential resource for current and future professionals working in parks and recreation, tourism and hospitality, and sports at all levels—youth, high school, college, amateur, minor league, professional, and international competition.

Local Economic and Employment Development (LEED) Local Development Benefits from Staging Global Events

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264042075
Total Pages : 184 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Local Economic and Employment Development (LEED) Local Development Benefits from Staging Global Events by : OECD

Download or read book Local Economic and Employment Development (LEED) Local Development Benefits from Staging Global Events written by OECD and published by OECD Publishing. This book was released on 2008-04-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The competition to stage major global events – such as OIympic Games, EXPOs, cultural festivals, and political summits – is more intense than ever before. Despite advances in virtual communication, large-scale gatherings of this kind have again ...