The Effects of Sports Teams and Stadiums on Cities Essay

The Effects of Sports Teams and Stadiums on Cities Essay

Length: 1504 words (4.3 double-spaced pages)

Rating: Powerful Essays

Open Document

Essay Preview

The Effects of Sports Teams and Stadiums on Cities


What if a tax increase came to a city because of a sports team, would it be alright? Of course not, right? Well, consider being told as a tax payer and being told it will help the economy of city to build a stadium. However, a tax increase is never highly looked upon, and large companies sell extraordinary economic growth, and cannot produce the promise.
Area political leaders, local community heads as well as owners of professional sports franchise sometimes claim that a pro sports stadium and teams are vital sources of positive economic growth in urban areas. Even though most of the stadiums and franchises supposedly donate a whole lot of money for providing new jobs, and to also provide the justification for millions of dollars ranging in the hundreds for public subsidies for the building of an assortment of new pro sports teams in the U.S. over the past ten years. Even with the outrage, some numbers crunchers have found no evidence of a positive economic impact of professional sports teams and facilities on urban economies "It's a zero-sum game," Rolnick said. "In fact, it can be a negative-sum game.”
First of all the stadiums and the teams always seem to be a great contender for positive economic development jobs focusing on helping the economic growth of a city. However, this is different from other economic improvement devices like tax credit, sports stadiums, soccer pi...


... middle of paper ...


...the citizens of the city socially. It will provide a great night life, as well as other entertainment venues that can be brought in for use of the stadium. However to sell a stadium in a city by claiming economic benefits involves many risks, it will most likely not benefit the city and its people to have a sports team in your city.

References

"Stadium numbers don't add up for Fed economist." St. Paul Legal Ledger (April 29, 2004): NA. General OneFile. Gale. Apollo Library. 19 May 2008

"Economic Development. (From the Library)." Government Finance Review 17.6 (Dec 2001): 58(1). General OneFile. Gale. Apollo Library. 19 May 2008 ..

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay about sports stadium financing in the 1990s

- INTRODUCTION The sentiment can be heard in any office break room, local tavern, or play field. The utter discontent of the increasing cost of attending professional sporting events. Distain ranges from players salaries to cost of parking and concessions. One local newscaster, channel 5 in Chicago, Illinois – April, 2003, reports that for a family of four to attend a major league baseball game on opening day costs between $160 and $200 dollars. The precursor to this cost was a decade of skyrocketing salaries and the trend to build huge public ally financed megaplexis to house these professional athletes....   [tags: essays research papers]

Powerful Essays
2862 words (8.2 pages)

The Role of Economics in Sports Essay

- "Money makes the world go 'round." Sports could not exist without the presence of money. You have high paid athletes asking for multi-million dollar contacts, while at the same time you have doctors not even making close to that amount. There are corporations buying out sports teams, buying stadiums, and buying everything that has to do with sports. Someone may ask why they do this. Sports are one of the most profitable industries in the world. Everyone wants to get their hand on a piece of the action....   [tags: Economy Papers]

Free Essays
5002 words (14.3 pages)

Doping, Athletes and Sports Essay

-     Doping can be strictly defined as the consumption of any substance (whether food or drug) to improve one's performance. This definition can be applied in a variety of situations, from college students drinking coffee in order to stay awake to athletes who take steroids to make them stronger. The problem with doping is where one draws the line. The drugs used in doping often have detrimental effects to one's health, both mental and physical. In the short run these drugs improve one's performance, but in the long run they can kill....   [tags: Doping Example Essays]

Powerful Essays
905 words (2.6 pages)

Should Sports Take Greater Measures Protect Their Players From Head Injuries That May Due

- Introduction In many contact sports such as American Football, Australian Football and Rugby, head injuries are very common and can lead to some long term damage. This is a very big issue for the sport players as there have been numerous cases where athletes have major long term damage which can have drastic effects on their mental and physical health later in life. Concussions account for up to 8.9% of all high school athletic injuries and 6% of all college athletic injuries, with the highest incidences in football (American and Australian), soccer and ice hockey (Foster, 2015)....   [tags: Traumatic brain injury, Concussion, Brain]

Powerful Essays
1070 words (3.1 pages)

Doubtful Trust In Baseball Essay

- Baseball has long been considered America's favorite pastime. The qualities of this staple sport go far beyond the realm of simple entertainment; they represent a culture, one that is mired in decades of history, and complemented with the idealistic image of a close-knit family. When one thinks of the United States of America, cultural icons such as the American flag, apple pie, and baseball come to mind. Thus, it is important that when dealing with the economic facets of baseball, one considers the emotional response that can be incurred from the population....   [tags: Sports Baseball]

Free Essays
1232 words (3.5 pages)

Essay about New Sports Stadiums and Taxpayer Abuse

- There seems to be a domino effect through out the U.S., new stadiums are being built, teams are demanding that their city build them a new stadium to play in but it is not necessary to build these stadiums. The most obvious change in new stadiums is coming from baseball. In the last 10-15 years many new baseball stadiums have been built, but who is paying for these stadiums. The teams and the owners that are demanding the stadiums, or the taxpayers. The answer is that taxpayers are picking up a huge amount of the cost to build a new stadium....   [tags: Argumentative Persuasive Essay Examples]

Free Essays
2316 words (6.6 pages)

Essay about Who Should Fund Stadiums?

- The age old question of who should fund stadiums can create quite the argument, it will always be statement of opinion but it is still worth the research to assume which act of measure should take place when building a new stadium and arena. Questions and key words asked throughout this research project are: Who should fund stadium building. Financing of stadium building. Who should pay for stadiums. Funds for stadium and arenas. Paying for stadiums through the city. Franchise’s paying for stadiums....   [tags: Tax, Taxation in the United States, Yankee Stadium]

Powerful Essays
2337 words (6.7 pages)

Funded Sports Stadiums Are A Game That Taxpayers Lose Essay

- In the article “Publicly Financed Sports Stadiums Are a Game That Taxpayers Lose” by Jeffrey Dorfman of Forbes highlights the financing of new stadiums throughout the country. In his article he hits on the controversial topic of how stadiums use public taxpayers money to fund and pay for the construction of the lavish stadiums. Dorfman adamantly states that local governments should not finance a stadium with public money because only team owners, and a few businesses benefit from the events that are held in the stadium....   [tags: Tax, Finance, Government spending, Economics]

Powerful Essays
799 words (2.3 pages)

Essay on Sports Stadiums: Turning Public Money into Private Profit

- Sports Stadiums: Turning Public Money into Private Profit       Abstract:  The Stadium  construction boom continues, and taxpayers are being forced to pay for new high tech stadiums they don’t want.  These new stadiums create only part-time jobs.  Stadiums bring money in exclusively for professional leagues and not the communities.  The teams are turning public money into private profit.  Professional leagues are becoming extremely wealthy at the taxpayers expense.  The publicly-funded stadium obsession must be put to a stop before athletes and coaches become even greedier.  New stadiums being built hurt public schools, and send a message to children that leisure activities are more impo...   [tags: Argumentative Persuasive Essay Examples]

Powerful Essays
3640 words (10.4 pages)

We Should Build New Sports Stadiums Essay

- We Should Build New Sports Stadiums In Roger G. Noll’s article on pro sports’ stadiums in the New York Times, he states that a new baseball stadium in New York City (or anywhere else) is too costly to construct. Mr. Noll is an economist and so it stands that he would understand the financials of building new stadiums. He even attempts to look at the issue, though not an honest effort, from all perspectives. He says that these facilities never pay for themselves, that there is an increase in overall community income, but not enough to offset cost....   [tags: Argumentative Persuasive Essays]

Free Essays
629 words (1.8 pages)