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Author: Roger G. Noll
Publisher: Brookings Institution Press
ISBN: 9780815720409
Category : Business & Economics
Languages : en
Pages : 548
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Book Description
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.
Author: Roger G. Noll
Publisher: Brookings Institution Press
ISBN: 9780815720409
Category : Business & Economics
Languages : en
Pages : 548
Get Book
Book Description
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.
Author: D. Stanley Eitzen
Publisher: Macmillan
ISBN: 9781572599543
Category : Social Science
Languages : en
Pages : 388
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Book Description
This classic anthology analyzes the sociological implications of sports in modern society through a series of interesting and informative essays. Sport in Contemporary Society can be used in a variety of ways, as a primary text for courses in the sociology of sport, as a supplementary text for a sociology course, or even for general readers who wish to deepen their understanding and appreciation of sport. 35 articles, 21 new to this edition, are included.
Author: Kevin J. Delaney
Publisher: Rutgers University Press
ISBN: 9780813533438
Category : Architecture
Languages : en
Pages : 250
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Book Description
Table of contents
Author: William S. Kern
Publisher: W.E. Upjohn Institute
ISBN: 0880992107
Category : Sports & Recreation
Languages : en
Pages : 154
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Book Description
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
Author: Greg LeRoy
Publisher: Berrett-Koehler Publishers
ISBN: 1609943511
Category : Business & Economics
Languages : en
Pages : 299
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Book Description
For the past 20 years, corporations have been receiving huge tax breaks and subsidies in the name of "jobs, jobs, jobs." But, as Greg LeRoy demonstrates in this important new book, it's become a costly scam. Playing states and communities off against each other in a bidding war for jobs, corporations reduce their taxes to next-to-nothing and win subsidy packages that routinely exceed $100,000 per job. But the subsidies come with few strings attached. So companies feel free to provide fewer jobs, or none at all, or even outsource and lay people off. They are also free to pay poverty wages without health care or other benefits. All too often, communities lose twice. They lose jobs--or gain jobs so low-paying they do nothing to help the community--and lose revenue due to the huge corporate tax breaks. That means fewer resources for maintaining schools, public services, and infrastructure. In the end, the local governments that were hoping for economic revitalization are actually worse off. They're forced to raise taxes on struggling small businesses and working families, or reduce services, or both. Greg LeRoy uses up-to-the-minute examples, naming names--including Wal-Mart, Raytheon, Fidelity, Bank of America, Dell, and Boeing--to reveal how the process works. He shows how carefully corporations orchestrate the bidding wars between states and communities. He exposes shadowy "site location consultants" who play both sides against the middle, and he dissects government and corporate mumbo-jumbo with plain talk. The book concludes by offering common-sense reforms that will give taxpayers powerful new tools to deter future abuses and redirect taxpayer investments in ways that will really pay off.
Author: Jay Weiner
Publisher: U of Minnesota Press
ISBN: 9780816634347
Category : History
Languages : en
Pages : 550
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Book Description
"Stadium Games begins with the events leading to the arrival of the Twins and Vikings to the state in 1961 and traces subsequent controversies about professional sports in the region up to the present. Weiner discusses the factors that make Minnesota the poster child for the nation's stadium debates - the recent departure of the North Stars hockey team, the near departure of the Timberwolves, the strong opposition of taxpayers, and the apparent greed of team owners. Stadium Games reveals the behind-the-scenes deals and inside scoop on what went wrong in the recent unsuccessful campaign for a new ballpark, divulging how public relations experts failed and how government leaders conspired to fake out Minnesota's citizens."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Author: Michael A. Leeds
Publisher: Routledge
ISBN: 131551060X
Category : Business & Economics
Languages : en
Pages : 460
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Book Description
For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry. The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.
Author: John Forster
Publisher: Routledge
ISBN: 1134498152
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
At the global level, sport is ruled by a set of organizations including giants such as the IOC (Olympics), FIFA (soccer), and the IAAF (athletics) as well as sporting minnows such as the World Armsport Federation (armwrestling). Many of these bodies have been surrounded by controversy during their histories, after having to adjust to the realities of commercial sport. This important book analyzes the evolution of modern sport, examining the ways in which sporting organisations have adapted over the years to accommodate changing environments. Themes covered in this impressive volume include: * sources of sports revenue * organising global sporting events such as the Rugby World Cup * differences and similarities between global sporting organisations Forster and Pope have created an important book, which seriously analyzes sports organizations from a political economy vantage point for the first time. Of interest to students and academics studying the economics of sport, the book is also written in a style that makes it accessible for those with a general interest as well as for global sporting bodies themselves.
Author: Trevor Slack
Publisher: Routledge
ISBN: 1135764352
Category : Business & Economics
Languages : en
Pages : 356
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Book Description
Sport has become increasingly commercialised and there are many examples of close links that have developed between sport and business. This collection examines five of them in a global context.
Author: Michael A. Leeds
Publisher: Routledge
ISBN: 1315510596
Category : Business & Economics
Languages : en
Pages : 562
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Book Description
For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry. The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.
