Business | Sports Studies


In lieu of an abstract, below is the first paragraph of the paper.

Imagine being a tax payer whose hard earned tax dollars are supporting the construction of a multimillion dollar sports facility, under the impression that these dollars will supposedly benefit the local economy. Then, after a few years of the team's presence in the community, there is no major capital return after being told numerous times by local officials that there would be. On top of seeing no economic increase, all the employment opportunity that was also promised only appears to be minimal. Although the introduction of a sports team in your community may seem like a good idea, many studies have proven otherwise. Sports franchises are not always economically beneficial to a community.

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