In overtime, behind and with little time on the clock Oklahoma City’s Russell Westbrook sinks an off balanced three and pushes the Thunder past the Golden State Warriors 113-112. This happened on November 29th, 2013 but 9 years prior this was all a dream of the people in Oklahoma City. It all started on August 29, 2005 when hurricane Katrina released hell on New Orleans. Most of New Orleans was destroyed by flood waters. This caused the New Orleans Hornets to temporarily relocate to Oklahoma City. They played in Oklahoma City for two seasons before New Orleans was able to host them again. These two seasons created national attention toward Oklahoma City for the great fan base and prospective city for a new team. A group of Oklahoma City investors led by Clay Bennett buy the Sonics franchise. After the 2007-2008 season the Seattle Super Sonics file relocation papers to relocate to Oklahoma City. When they get to
Oklahoma City they are renamed the Oklahoma City Thunder. The Moving of the Seattle Super Sonics to Oklahoma City and the creation of the Oklahoma City Thunder have brought many positive impacts to the Oklahoma City metro and to the entire state of Oklahoma both economically and socially.
The creation of the Oklahoma City Thunder has had huge economic effects on the local and state economies. According to the Oklahoma City Chamber of Commerce, each thunder home game puts $1.3 million dollars into the local economy, every season there are 41 home games, which equals around $53.3 million dollars per season. Jordan Wiley, general manager of Leon’s on Brookside, says “Thunder games have created a generous boost in sales…Thunder games held on weekends can double sales. A Thunder game held during the week can triple sales. (...
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...ally. It has brought positive impacts in the form of a renewed downtown area, a boost in the local economy, and help with major and minor natural disasters. Some negatives are losses in tax revenue and an increase in crime.
Works Cited
Bailey, Brianna. "Thunder Wins Award for Economic Impact." N.p., n.d. Web.
Curry, Julie. "Thunder Teams up for School Fitness." n.d.: n. pag. Web.
Guarini, Drew. "Oklahoma City Thunder Changed Business For Oklahoma City, Seattle." The Huffington Post. N.p., 15 June 2012. Web. 22 Jan. 2014.
Holt, David. Big League City: Oklahoma City's Rise to the NBA. Oklahoma City, OK: Full Circle, 2012. Print.
Lackmeyer, Steve. "Thunder Economic Impact Estimate Tops $64 Million for the Current Season." N.p., n.d. Web.
"The OKC Thunder Help to Boost Sales at Local Restaurants." Fox23.com. N.p., 5 Apr. 2013. Web. 23 Jan. 2013.
Baade, R. A., Baumann, R., & Matheson, V. A. (2008). Selling the game: Estimating the economic impact of professional sports through taxable sales. Southern Economic Journal, , 794-810.
In the American economy, capitalism is at the root of every major market; markets such as the textiles, healthcare, utilities, and sports entertainment. Professional basketball is a huge industry in the United States that many corporations and sports-lovers spend money on to watch and endorse. Devastating to many of the fans, the National Basketball Association (NBA) went into a lockout in 2011 because of the many economic issues that the league had been experiencing in the previous years. During a lockout, players cannot play, teams are not allowed to trade, sign or contact players, and many players do not get paid and cannot access NBA team facilities or staff. The 2011 NBA lockout was the fourth lockout in NBA history. The 2011 lockout started on July 1, 2011, and ended December 8, 2011, delaying the start of the NBA season by almost two months. Although many critics would argue that the 2011 NBA lockout was caused by the team owners’ greed and the professional players’ unwillingness to compromise, the main and most unbiased causes of the 2011 lockout were the expiration of the NBA’s collective bargaining agreement (CBA) that was set in 2005 and the great recession of 2007. Nonetheless, the team owners’ greed and the professional players’ reluctance to negotiate clashed and prolonged the NBA lockout period.
The National Basketball Association no longer holds the prominence that it once had. In the aftermath of the lockout that took away half of the 1998-99 season, the National Basketball Association finds itself looking into an uncertain future. Appearing similar to the state of the league during the mid 1980's, the NBA finds itself with a tarnished image and no icon's to build the league around. With the retirement of Michael Jordan and the number of superstars in which the league built its popularity on during the 1990's getting smaller, the National Basketball Association sits in limbo while it searches for its new identity.
Prior to the current stadium, the Cowboys’ home was one of the most recognizable professional sports stadiums of its time. According to Stadiums of Pro Football, “Texas Stadium, seated nearly 66,000 fans and was known for its partial roof where weather conditions could play a factor in each game,” (Page 1). Stated in the official Irving, Texas fact sheet pertaining to Texas Stadium “the stadium was constructed at a cost of 35 million and lasted from its opening date in 1971 until it was closed in December of 2008,” (Page 2). The new stadium built to replace Texas Stadium in 2009 named Cowboys Stadium, is luxurious to say the least, not to mention it is practically brand new. Altough 4 years later reported by Star Telegram, “Cowboys Stadium would now be known as AT&T Stadium under a multimillion-dollar naming-rights deal between the iconic football team and the Dallas-based ...
Minneopolis Lakers of the early 1950’s were a dominant team of that era. The team was led by
Although the 1992 Olympic Men’s Basketball Team is considered the greatest assemblage of professional athletes in history, the Dream Team does have its critics. Regardless of the bureaucratic problems that stemmed from allowing NBA players to compete in the Olympics, many benefits were reaped by intertwining the two associations. Even though the basketball that was played with the Dream Team did not differ fundamentally, it changed the game of basketball forever because it respected the historical values, inspired young basketball players to pursue their NBA and Olympic dreams, and it treated book reviewers to an action-packed topic whilst also changing international basketball for the better.
It was interesting to find that 39 percent of all earnings in New Orleans come from residents who worked in the central city. I did not think that the central city of New Orleans had such a dense market for higher paying jobs! This fact is very positive for the city, and hopefully the corporate services industry continues to grow here in New Orleans because the density allows for overall productivity. And the suburban property values outside New Orleans depend on the availability of jobs and an active economy in the Central Business District. So places like Metairie and River Ridge or “edge cities” really rely on the strength of the central city of New Orleans. Therefore it should be the vested interest of both city and suburban residents to scrutinize federal policy that affects the economic health of all cities.
...es are located in Oklahoma, Oklahoma City and Tulsa, and 65 percent of Oklahomans live within their metropolitan areas, or spheres of economic and social influence defined by the United States Census Bureau as a metropolitan statistical area. Oklahoma City, the state's capital and largest city, had the largest metropolitan area in the state in 2010, with 1,252,987 people, and the metropolitan area of Tulsa had 937,478 residents. Oklahoma is where I was born and raised and I would not trade the experience to live here to live anywhere in the world. Oklahoma is my family and I love being able to tell people I am originally from Oklahoma and this is where I will remain. Oklahoma is beautiful, friendly, and home. Although the weather gets out of control at times, and I never really know what tomorrow will hold. I know that Oklahoma will always be the place I call home.
Abstract: Basketball players who enter the NBA early are not ready for the NBA. Early entry into the NBA by high school and college basketball players has had a negative affect on the college basketball program, the NBA, and the players themselves. Each year the number of early entries in the NBA rises more and more. In 1997, 47 basketball players entered the NBA draft early, and the number has risen since then. The college basketball program is drained of talent due to players leaving early. The high school players that go directly into the NBA are hurting the college program because they never contribute to the college program at all. The NBA now has to deal with a higher level of immaturity and disrespect by young players. College basketball players obtain a certain amount of respect and maturity in college. The players suffer by not grasping the concept of learning due to lack of education. Many analysts say that entering the NBA before finishing a four-year program is entering too early. The NBA commissioner, David Stern, has begun to work on ways to encourage players to go to and stay in college.
Powell, Douglas S. "Is Big League Baseball Good Municipal Business?." American City & County 114.6 (1999): 78. Academic Search Complete. Web. 13 Nov. 2013.
Gentrification brings in money and good investments into poor neighborhood, but the money and investments does not help the old residents; it only helps real estate agents. Gentrification may also make the city safer and cleaner than before but it harms old residents. The idea of gentrification is bad because prices goes up and with prices going up, people are either losing their homes or businesses or both. Gentrification affects old residents and business in a bad way, which causes the old residents to leave because of the rich taking over.
One major example of the help that was put into areas of Toronto is prominent is Regent Park, Toronto before gentrification. Regent Park showed that there are 65% apartments and houses that are market price but then there are 35% of the properties that are rent geared to income (Williams, 2009). Even though this was not a high percentage and was still beneficial to people who worked near the location of Regent Park in Toronto. Making it easier to access everyday necessities can make a lot of other expenses in life go down as well, when you do not have to worry about paying more than 30% of your income. Regent Park had a revitalization project to help turn this area from an area with high poverty rates to a nicer area by demolishing most of the public housing pushing the poorer people out of the area.
The formation of the National Basketball Association (NBA) was created on August 3, 1949. This was due to the merger of the National Basketball League (NBL) and the Basketball Association of America (BAA). The NBA teams actually played against the American Basketball Association (ABA) for nine years until the ABA folded. Four teams from the ABA are actually part of the NBA today- Indiana, Denver, New York, and San Antonio. The NBA began to become a widely popular league and is known for having some of the best players known today. Eventually, in 1996 the NBA formed the Women’s National Basketball Association (WNBA) with 8 teams making it still a fairly new league today. An African American woman named Sheryl Swoopes was the first woman ever signed to play in the WNBA. Their first game wasn’t played until 1997 with the New York Liberty playing the Los Angeles Sparks. A team was made in Charlotte, North Carolina in 2003 giving the NBA a total of 30 active teams, while the WNBA has a total of 12
This will cause lower income residents to move out of their homes. It is also stated that the action of restoring damaged property would be a positive because it attracts those who can afford the newly renovated homes. This also includes the physical rehabilitation of certain neighborhoods that are in poor conditions. Once these neighborhoods are renovated this will invite those who choose to invest in this area and new businesses will open. However, the negative would be that lower income residents will still be forced to move out because rent prices would increase due to the new demand.(Atikinson, 2004, p.
Sports are often identified to have positive influences on many individuals. The sports industry is growing worldwide, especially the basketball industry, which is regarded in second place behind football. The global prevalence of basketball is unquestionable, especially among the young. Basketball is a dynamic team sport that involves a pattern of alternating, active, and skilled movement activities. There are compound demands that require a mixture of individual skills, team plays, strategies, and motivational aspects.