Professional Sports Subsidy As Economic Development
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Sports Jobs And Taxes
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Author : Roger G. Noll
language : en
Publisher: Brookings Institution Press
Release Date : 2011-03-01
Sports Jobs And Taxes written by Roger G. Noll and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-01 with Business & Economics categories.
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 Business Of Sports Economic Perspectives On Sport
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Author : Brad R. Humphreys
language : en
Publisher:
Release Date : 2008
The Business Of Sports Economic Perspectives On Sport written by Brad R. Humphreys and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
Sport is big business. This work explores the business and economic dynamics of the sports industry from a diverse array of perspectives that cover the industry's macroeconomic, management and marketing/promotion issues.
Relocating Teams And Expanding Leagues In Professional Sports
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Author : Frank P. Jozsa
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 1999-08-30
Relocating Teams And Expanding Leagues In Professional Sports written by Frank P. Jozsa and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-08-30 with Business & Economics categories.
In the business of professional league sports, market conditions are the key determinate of the financial success or failure of a team. In the last few years, major league sports has experienced both growth into new markets and relocations of existing teams. Owners and the leagues use demographics, economic data, and governmental support to decide on where and when to expand and relocate. This book examines the sports business from 1950 through 2000. Historical demographic, economic, and team-related data provide the context. The authors apply metropolitan area statistics such as population growth and income, game attendance, and estimated market values to examine the business decisions made by individual teams in professional baseball, football, and basketball. The book looks at specific teams in terms of their long-term viability as a franchise and ranks their performances in economic and business terms. It also examines the related issues of taxpayer subsidies for new venues and the economic impact of professional sports on cities and regions. The book is a fascinating and comprehensive look at the business of sports and its place in American society, business, and economics.
Sport Business In Leading Economies
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Author : James J. Zhang
language : en
Publisher: Emerald Group Publishing
Release Date : 2017-12-04
Sport Business In Leading Economies written by James J. Zhang and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-04 with Business & Economics categories.
From a renowned group of international scholars, this new work examines how leading economic countries use sport business to drive and further economic development by raising brand awareness (country as a brand), transforming lagging communities, and enhancing travel and tourism in the country.
Professional Sports Economic Development And Public Policy
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Author :
language : en
Publisher:
Release Date : 1998
Professional Sports Economic Development And Public Policy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
The Economics Of Sport And Recreation
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Author : Peter Taylor
language : en
Publisher: Routledge
Release Date : 2002-09-09
The Economics Of Sport And Recreation written by Peter Taylor and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-09 with Business & Economics categories.
This edition includes an overview of the history of the development of sports markets and the role of economics in the analysis of these markets.
The Economics And Politics Of Sports Facilities
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Author : Wilbur C. Rich
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2000-05-30
The Economics And Politics Of Sports Facilities written by Wilbur C. Rich and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-30 with Business & Economics categories.
Rich and his contributing authors provide a political and economic analysis of sports stadium construction in the United States—the impact it has on the sports industry itself and on the host communities in which stadiums and arenas are built. The book brings together the research of leading academic analysts of sports in American society and gives a candid assessment of the claims and benefits the sports industry makes, in its continuing promotion of new stadium construction. Focusing on Baltimore, Cleveland, Chicago, Boston, Detroit, New Orleans, Toledo and Phoenix, the authors examine the topic from the perspectives of history, politics, and economics—and in doing so they raise several questions about taxpayer and community protection issues. Specifically, what do communities really get out of these facilities? They point out that even as new and more expensive facilities are being built, Congress has not provided taxpayers and cities any real protection from the risks involved in stadium investment. Rich and his contributors examine how the pro-stadium coalitions mobilize and explain why stadium supporters manage to win most of their construction initiatives. In doing so, the contributors challenge the conventional wisdom that stadiums stimulate economic development and provide good jobs. On the contrary, they have not lived up to the promises owners made to their host communities. Neither have they generated high paying jobs nor have they met their operating costs. The book concludes with ways in which sports franchise owners can be held more accountable to their communities. The result is a powerful, well reasoned, skeptical but fair assessment of a growing phenomenon, and an important resource for professionals and academics in all fields of public policy administration and urban development and management.
Antitrust Issues In Relocation Of Professional Sports Franchises
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Author : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition
language : en
Publisher:
Release Date : 1996
Antitrust Issues In Relocation Of Professional Sports Franchises written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Law categories.
They Play You Pay
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Author : James T. Bennett
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-05-10
They Play You Pay written by James T. Bennett and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-10 with Business & Economics categories.
They Play, You Pay is a detailed, sometimes irreverent look at a political conundrum: despite evidence that publicly funded ballparks, stadiums, and arenas do not generate net economic growth, governments keep on taxing sales, restaurant patrons, renters of automobiles, and hotel visitors in order to build ever more elaborate cathedrals of professional sport—often in order to satisfy an owner who has threatened to move his team to greener, more subsidy‐happy, pastures. This book is a sweeping survey of the literature in the field, the history of such subsidies, the politics of stadium construction and franchise movement, and the prospects for a re‐privatization of ballpark and stadium financing. It ties together disparate strands in a fascinating story, examining the often colorful cases through which governments became involved in sports. These range from the well‐known to the obscure—from Yankee Stadium and the Astrodome to the Brooklyn Dodgers’ move to Los Angeles (to a privately built ballpark constructed upon land that had been seized via eminent domain from a mostly Mexican‐American population) to such arrant giveaways as Cowboys Stadium. It examines alternatives that might lessen the pressure for public subsidies, whether the Green Bay Packers model (in which the team’s owners are local stockholders) or via league expansions. It also takes a look at little-known, yet significant, episodes such as President Theodore Roosevelt’s intervention in the collegiate football crisis of 1905—a move that indirectly put the federal government on the side of such basic rule changes as the legalization of the forward pass. They Play, You Play is a fresh look at a political and economic puzzle: how it came to be that Joe and Jane Sixpack in the Bronx and Dallas subsidize the Steinbrenners and Jerry Joneses of professional sport.
The Political Economy Of Professional Sport
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Author : Jean-Francois Bourg
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
The Political Economy Of Professional Sport written by Jean-Francois Bourg and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Sports & Recreation categories.
This timely book offers a critical interpretation of the traditional social and economic accounts of sport. It provides an incisive analysis of professional sport and defines alternative foundations to the present model. The authors demonstrate that professional sport is an extremely complex phenomenon encompassing many unique factors depending on its global reach, financing and organization. In particular they address three significant issues: • an analysis of the relationship between sport and economic development in order to explain the place of professional sport in modern societies • a study of the main difficulties facing the organization of professional sports in terms of financing, collective bargaining and the consequences of revenue sharing for competitive balance • an exploration of alternatives to current governance structures which would involve a return to professional ethics. This insightful and topical book is essential for academics and students of sport management, researchers of the economics of sport, managers of clubs and federations involved in professional sports, as well as civil servants and journalists.