The Impact of Professional Sports Franchises on Local Economies

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Contents

  1. more on this story
  2. News Bureau | ILLINOIS
  3. Are pro sports teams economic winners for cities?
  4. How American sports franchises are selling their cities short

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Restore content access Restore content access for purchases made as guest. Article Purchase - Online Checkout. People also read Article. Published online: 2 Dec Margaret J.

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Published online: 23 Jan More Share Options. Part of the economic impact involves jobs. According to Economic Modeling Specialists Intl.


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These jobs include far more than just the athletes—EMSI looked at other occupations involved with spectator sports such as coaches, referees and agents. And that doesn't even take into consideration the many stadium vendors and their employees, front-office personnel, etc. Sports provide a platform for people to come together and support their country.

International events like the Olympics and the World Cup serve as a point around which to rally and show national pride and unity.

Are pro sports teams economic winners for cities?

The U. Sports also have the power to lift people up in times of turmoil. Along with national pride goes city pride. There is a certain togetherness, a certain camaraderie that total strangers can achieve simply by virtue of living in the same city and rooting for the same team. Look at the Seattle Seahawks. Their fans are so proud and united, they consider themselves part of the team, the 12th man on the football field. In fact, the Seahawks are actually trying to trademark the number Ask young children who their role models are, and I bet a good amount of them would name an athlete.

I can only speak for myself.

How American sports franchises are selling their cities short

Y oung people who look up to athletes might be more likely to get out and play sports themselves. As a more concrete example, sports leagues have done their part to get kids active and healthy. Besides league-sponsored programs, the number of children playing sports in America in general is significant.


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  4. An Event Study of the Economic Impact of Professional Sport Franchises on Local U.S. Economies;
  5. Besides helping children get active and healthy, sports participation can have other major benefits such as mental well-being and increased self-esteem. According to the study, young people who played high school sports had a better career outlook and performed better in their jobs later in life.