Studying the Economic Impact of Cities Hosting the Super Bowl

Studying the Economic Impact of Cities Hosting the Super Bowl
Author: Justin Sorbo
Publisher:
Total Pages:
Release: 2021
Genre:
ISBN:

Every year, a new city fights for the rights to host an upcoming Super Bowl. Lobbyists and committees are assembled to prove their case to the NFL and are put through a serious vetting process. The personnel focus their attention on and make claims about the weather, new stadium (if applicable), and accommodations available in their city. The paramount aspect of their assertion stems from the economic impact the major event will draw forth. The data and analyses up to this point have generated mixed conclusions on the true benefits from hosting the Super Bowl. In this paper, I propose a new regression that measures the economic impact on host cities in the states of California and Louisiana.

The Economics of the Super Bowl

The Economics of the Super Bowl
Author: Yvan J. Kelly
Publisher: Springer Nature
Total Pages: 142
Release: 2020-11-16
Genre: Business & Economics
ISBN: 3030463702

The Super Bowl is the most watched sporting event in the United States. But what does participating in this event mean for the players, the halftime performers, and the cities who host the games? Is there an economic benefit from being a part of the Super Bowl and if so, how much? This Palgrave Pivot examines the economic consequences for those who participate in the Super Bowl. The book fills in gaps in the literature by examining the benefits and costs of being involved in the game. Previously, the literature has largely ignored the affect the game has had on the careers of the players, particularly the stars of the game. The economic benefit of being the halftime performer has not been considered in the literature at all. While there have been past studies about the economic impact on the cities who host of the game, this book will expand on previous research and update it with new data.

The Economic Impact of Sports Facilities, Franchises, and Events

The Economic Impact of Sports Facilities, Franchises, and Events
Author: Victor A. Matheson
Publisher: Springer Nature
Total Pages: 233
Release: 2023-10-10
Genre: Business & Economics
ISBN: 3031392485

This edited volume discusses the economic impact of sports facilities, franchises, and events on local economies. Written in honor of Robert Baade upon his retirement, the book provides a state-of-the-art of current research on the economic impact of sports, and recognizes the seminal contributions that Dr. Baade has made to this topic. The analysis of the economic impact of spectator sports is a vital public policy topic as $75 billion has been spent on stadium construction since 1990 in the US alone, with nearly $35 billion of this coming from taxpayer subsidies. True public cost of sports franchises is much higher than this as this figure excludes facilities outside the Big 5 domestic leagues (like NASCAR track, NCAA facilities, minor league baseball, and the Canadian Football Leagues), public subsidies for major events like the Super Bowl or Olympic Games, and excludes sports subsidies outside of direct stadium construction subsidies. Including contributions from many of the most notable researchers studying the economic impact of sports, topics include impacts of stadiums and franchises on local economies, labor markets, and tax collections, the effect of sports franchises on property values, and changes in the public and academic discourse on sports subsidies over time. This volume will be of interest to researchers and students of sports economics, management, public policy, and public finance.

The Economics of the National Football League

The Economics of the National Football League
Author: Kevin G. Quinn
Publisher: Springer Science & Business Media
Total Pages: 333
Release: 2011-12-20
Genre: Business & Economics
ISBN: 1441962891

This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league. The book is divided into four parts. The first three chapters in Part I provide an overview of the business of the NFL from an economist’s perspective. Part II is a collection of surveys of the economics of the NFL’s most important revenue streams, including media, attendance, and merchandising. The NFL’s labor economics is the focus of Part III, with chapters on player and coach labor markets, the draft, and contract structure. Part IV includes essays on competitive balance, gambling, economic impacts of the Super Bowl, behavioral economic issues associated with the league, and antitrust issues. This book will appeal to sports economists, sports management professionals, and policy-makers, and would be useful as a supplementary text for sports economics and management courses as well as a reference text.

The Impact and Evaluation of Major Sporting Events

The Impact and Evaluation of Major Sporting Events
Author: Holger Preuss
Publisher: Routledge
Total Pages: 113
Release: 2013-09-13
Genre: Sports & Recreation
ISBN: 131799597X

The aim of politicians is to attract new investment to their city or region in order to develop infrastructure such as telecommunications, transportation, housing or even sport and entertainment facilities. Sporting events are also intended to achieve intangible ends such as a better image, more know-how, stronger networks, emotional commitment and additional cultural benefits and enhanced identity. All these so called ‘event structures’ can improve sites in a city/region by strengthening certain location factors. They may improve general living conditions in the longer term and also boost the income of citizens by attracting new businesses, tourists, conventions or new events. Finally they may foster economic growth at the city, regional or national level. This collection is of particular interest for anyone who intends to enter a bidding process for a major sporting event. It offers the host of an event a good introduction to the potential ways to generate economic benefits and will enhance understanding of the economics behind major sporting events. This book was previously published as a special issue of European Sport Management Quarterly

The Oxford Handbook of Sports Economics Volume 1

The Oxford Handbook of Sports Economics Volume 1
Author: Leo H. Kahane
Publisher: Oxford University Press
Total Pages: 543
Release: 2012-05-31
Genre: Business & Economics
ISBN: 0195387775

Shmanske and Kahane have organized over 50 essays from prominent Sports Economists into two volumes around two related themes. This second volume explains how sports helps economics via quality data used to test a variety of economic theories.

The Economics of Sports

The Economics of Sports
Author: Michael A. Leeds
Publisher: Routledge
Total Pages: 478
Release: 2016-05-23
Genre: Business & Economics
ISBN: 1315510596

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.

Sports Economics

Sports Economics
Author: Roger D. Blair
Publisher: Cambridge University Press
Total Pages: 555
Release: 2011-12-12
Genre: Business & Economics
ISBN: 1139504525

Sports Economics, the most comprehensive textbook in the field by celebrated economist Roger D. Blair, focuses primarily on the business and economics aspects of major professional sports and the NCAA. It employs the basic principles of economics to address issues such as the organization of leagues, pricing, advertising and broadcasting as well as the labor market in sports. Among its novel features is the candid coverage of the image and integrity of players, teams, managers and the leagues themselves, including cases of gambling, cheating, misconduct and steroids. Blair explains how economic decisions are made under conditions of uncertainty using the well-known expected utility model and makes extensive use of present value concepts to analyze investment decisions. Numerous examples are drawn from the daily press. The text offers ample boxes to illustrate sports themes, as well as extensive use of diagrams, tables, problem sets and research questions.