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.

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 Billion Dollar Game

The Billion Dollar Game
Author: Allen St. John
Publisher: Anchor
Total Pages: 274
Release: 2009-01-06
Genre: Sports & Recreation
ISBN: 0385529279

A fascinating portrait of the National Football League, the Super Bowl, and all the position players who come together to create the biggest cultural phenomenon in American sports. Think the Super Bowl is only about two teams of titans clashing on the field? Think again. The Super Bowl is about fans, hundreds of millions of fans. It’s about money, more money than the GDP of twenty-five sovereign nations. It’s about precision, the timing of everything from the notorious commercials to the epic halftime show. And it’s about the vision and skill of designing a state-of-the-art stadium to house the great show. Here, Allen St. John reveals how America’s biggest sporting event is more than just a couple hours on a Sunday: it’s a high stakes, real-life dramatic story, with millions of participants all hoping for the same thing—the greatest game ever.

The Impact of Professional Sports Franchises on Local Economies

The Impact of Professional Sports Franchises on Local Economies
Author: Jeffrey Pierro
Publisher: CreateSpace
Total Pages: 72
Release: 2014-08-05
Genre:
ISBN: 9781500720568

There is no doubt that professional sports franchises and stadiums generate a significant amount of economic activity, but is the impact on the local economy positive, negative, or neutral? Studies have shown that, while franchises can give the economy a boost in the short term, there are little to no long-term positive effects. This capstone will examine the trend in public financing of stadiums, look at the impact of stadium location, explore the factors of the economy that are impacted by professional sports franchises, and determine if the effects vary by sport or by region. Several major case studies will be examined to provide specific examples, including the most recent Super Bowl in New Jersey. Once the literature review is complete, regression analysis will be used to make an ultimate conclusion on the value of professional sports franchises and stadiums in the United States and the optimal location in which to start a new professional sports franchise in the United States. This will be done using data from 2001-2012 and variables that have been proven to have an impact one way or another. The result will be a prediction of the type and location of the next professional sports franchise in the United States.

The Economics of Sports

The Economics of Sports
Author: Michael A. Leeds
Publisher: Taylor & Francis
Total Pages: 455
Release: 2022-12-19
Genre: Business & Economics
ISBN: 1000787583

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. Thoroughly updated to reflect the current landscape, The Economics of Sports introduces core economic concepts and theories and applies them to US and international sports. Divided into five parts, the book focuses on three major areas of the economics of sports: industrial organization, public economics, and labor economics. Updates for this seventh edition include: • An entirely new chapter on sports gambling and a fully revised section on intercollegiate sports; • Updated material on social justice in sports and the impact of the COVID-19 pandemic on the industry; • More coverage of international sports, e-sports, and new biographical sketches. This well-presented and accessible text is supported by easy-to-follow pedagogical features, such as end-of-chapter summaries and questions, and a companion website, which offers useful resources for students and instructors. It is the perfect textbook for intermediate and advanced undergraduate and graduate courses in sports economics.

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 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: 2011-12-18
Genre: Business & Economics
ISBN: 1441962905

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.

Saints in the Broken City

Saints in the Broken City
Author: Casey Schreiber
Publisher: McFarland
Total Pages: 216
Release: 2016-09-13
Genre: Sports & Recreation
ISBN: 1476662606

Telling the story of Saints football in New Orleans is a way to understand larger social, political and economic conditions during pivotal moments of the city's history. This book is the first to explore the team's role in rebuilding the city following Hurricane Katrina. The author documents New Orleans' initial efforts to attract professional football, the Katrina disaster and some successes and failures during 10 years of post-disaster recovery. The narrative of community recovery and cohesion crafted by Saints fans transcends racial divides and illustrates the relationship between professional sports and the American city. The voices of female fans--largely overlooked in the study of sports--compel a more inclusive definition of football fandom.