Building Stadiums

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According to Paul Wiseman of the Associated Press, “When the National Football League and its players struck a deal to end their labor dispute, they didn’t just save the football season. They saved the most profitable sport in America, the most popular show on TV and billions of dollars that would have disappeared from the economy” (Wiseman). The NFL can be a major economic boost for the United States. NFL teams represent a billion dollar industry and the NFL alone earns eleven billion dollars in revenue annually. Conversely, the NFL may not affect, or may negatively affect many cities' economies or the United States economy. "Sports facilities attract neither tourists nor new industry" (Zimbalist and Noll). NFL cities pay for about 70% of…show more content…
Building a stadium in Las Vegas for the Raiders in projected to produce 18,711 temporary construction jobs and $968 million in wages (Akers). After the stadium is built, the stadium is projected to provide 5,982 jobs with an average salary of $38,500 (Akers). Building stadiums can also indirectly create many jobs. Small businesses and restaurants will have to hire more employees because of the rush of business on NFL Sunday. Many businesses and restaurants having to hire more employees across a whole city creates more jobs. Building a stadium produces jobs for construction workers, but it can also produce other jobs from the activity it creates when small businesses have so much business that they need to hire more…show more content…
It marks the town “first class” which causes businesses to want to locate there” (“Build”). NFL teams can really create new businesses in certain towns and cities. A restaurant owner who works across from where the new Raiders Stadium will be built says that the 80,000 seat stadium will bring in a lot of costumers for him. Since Indianapolis gained an NFL and NBA team many businesses and corporations have found a home there. “200 restaurants, 300 retail shops, 28 museums and galleries, and 12 performing arts theaters” have been built (Masciotra). Seventy technology firms have also started doing business in Indianapolis which earned the city the nickname “tech hotbed.” In addition, two major universities, Butler and Indiana University- Purdue University Indianapolis, have dramatically grown in size. Not only have current NFL teams helped create economic spurs, but the Raiders move to Las Vegas is projected to bring over 450,000 visitors to the Sin City annually, with an annual income of $620 million for the city (Akers). Building an NFL stadium not only attracts visitors and fans, but it can also cause businesses to move to the city and get a piece of the
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