Sports fans or Non Sports Fans... Please explain the value of having a sports franchise in town?

Sports fans or Non Sports Fans... Please explain the value of having a sports franchise in town. Our local team was sold and is moving. Why should I care?

Why should tax dollars go to building stadiums and attracting local teams? To me professional sports are a business, isn't there enough money in sports as it is? Just looking for your thoughts... Please feel free to provide a pro or con answer, just support it well.

Asked by HappyWife&Mom 55 months ago Similar questions: Sports fans Fans explain sports franchise town Business.

Similar questions: Sports fans Fans explain sports franchise town.

Return of investment Yes, every professional sports team is a business just like others. It might be more complicated than that but I doubt it. The whole reason to have a team in town is to make money.

The locals make money and the team makes money. Economy is driven by consumer spending, if a team is popular, local economy will sure benefit from it. There is tax money from the profit made by all related businesses including the team, hence putting money back to the local town.So, how much money a team can bring to the town is the leverage of the team on stadiums or arenas.

Since both sides can make money, how to share the initial investment of infrastructure can be negotiated. If the team is not getting a good deal, the owner can choose to move. The town can feel the same, especially the potential risk.

It is hard to say there is enough money in sports already. This is free market, if there is still more to dig into, somebody will, otherwise won't. That is why big cities have 2 teams in the same sport, while a small city won't have much a chance to even have one.

Although, a small town team is much like a small business, it can grow, and the town can grow with it. Major League Baseball, for example, has a rule to share profits among teams, and this explains why some smaller market can actually support a major league team, such as the Milwaukee Brewers, or the Devil Rays. Anyway, economy comes first on all counts, aside from the pride of the local fans.

The downsides, of course, will be traffic, noise and urban concentration, maybe even affordable housing and environment, if not done right. This is a trade-off, ultimately decided by citizens and consumers. But I can see that some ordinary non-sports-fan citizens may not like it, since he or she is not interested in the sport, all the negativities will seem bigger to them than to the fans.

Sources: just some thoughts boxing's Recommendations Tax-exempt bonds and the economics of professional sports stadiums (CRS report for Congress) .

Here are the Pros... Getting a professional sports franchise in your city can raise the profile of your city. So if you live in say Omaha, Nebraska or Oklahoma City both with populations in the 500,000 to 1,000,000 range with no professional sports franchise, you can get your city "on the map" by adding a professional sports team. Let's say a small to medium sized business based in the midwest is looking for a new place to plop down a corporate headquarters.

They will need something to entertain business clients when they come to town and probably need top attract some young talent to their organization. Generally, this type of business would chooses Kansas City, St Louis, Dallas, etc. Because they are bigger established places that people will move to. The only real difference between Omaha or Oklahoma City and the Kansas City is that KC has a football and baseball team.

Thus, the argument is that getting your first pro sports franchise means your city has "arrived" on the national scene and can be considered a business destination. This is good for everyone because it means more jobs and higher home prices. Sporting events generate lots of income for bars and restaurants in the area.

Getting 15,000 to 50,000 people to spend a "night on the town" is not an easy feat for a city. A game can bring lots of money to businesses around the stadium.It generates a lot of economic activity and it can really help raise an economically depressed inner city out of gloom. That is worth something Gives a city a common thing to root for and be interested in There is nothing that brings city residents together like a championship sporting run.

This helps build unity and comraderie and gives your city an identity. This can help build community. It can increase tourism People will attend the games of their home town teams in other cities some times.

This will give them a reason to visit your city and spend tourism dollars. All in all, it is a pretty costly proposition to get some of these benefits. I live in Seattle where we have pro football and baseball whose arenas were built using public funds.

We also have pro basketball which wants the same arrangement. That team looks like it is going to relocate. I think the key for a city is to get one pro sports franchise .

After that, the investment value decreases significantly. I think my fellow Seattlites agree. Timmy's Recommendations Moneyball: The Art of Winning an Unfair Game Amazon List Price: $13.95 Used from: $5.00 Average Customer Rating: 4.5 out of 5 (based on 333 reviews) .

The economy, stupid. Sorry, couldn’t help myself (for anyone under the age of 30 - that was a phrase in American politics widely used during Bill Clinton’s successful 1992 presidential campaign against George H.W. Bush. It was coined by Democratic Party strategist James Carville.) But it is the economy boost it brings.

Stadium construction and maintenance jobs vendors who sell at the park jobs people who come into the area from out-of-town eating at restaurants, staying at hotels etc. Jobs: the people who work at the venue - from the cleaning crews to the groundskeepers to the parking lot attendants to the ticket-takers to the guys hawking "beer here" the local advertising of the games in media the tee-shirts and other stuff tax revenue Of coure, there is a problem when the franchise wants the local community to foot the bill for the stadium because there is no sure bet "If they build it they will come." Sources: http://en.wikipedia.org/wiki/It's_the_economy,_stupid .

Or do you put it on MUTE and just watch the game" "Any other hockey fans out there?" "how to frANCHISE MY BUSINESS" "O.K., Sports fans. Who will win the game tonight...U. Of N.C. Tarheels or Michigan State University?" "Sports fans!

Getting tired of the over-hyped non-stories? " "Alright, Football fans - someone explain to me the difference between offsides, encroachment, and false start?" "New York sports fans! Who's the bigger stooge buffoon,Marbury or Plaxico?

" "A laugh for sports fans & sports bashers!" "A question for die hard fans of a particular professional sports team? Any team, any sport.

Or do you put it on MUTE and just watch the game.

O.K., Sports fans. Who will win the game tonight...U. Of N.C. Tarheels or Michigan State University?

Sports fans! Getting tired of the over-hyped non-stories?

New York sports fans! Who's the bigger stooge buffoon,Marbury or Plaxico?

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.