Do Public Subsidies For Professional Athletic Organizations Benefit Their Local Community?

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Do public subsidies for professional athletic organizations benefit their local community? Sports teams, or professional athletic organization, are extremely important institutions within a city or region. They can help connect people with places, and through this loyalty, a sense of civic pride can be seen. Furthermore, the multi-billion dollar industry sports produces effects that can impact individuals and communities. In recent years dozens of new sports stadiums have been built throughout the country, with major funding coming from public subsidies. The aim of this paper is to analyze the positive and negative impacts that come with these subsidies. The issue at hand, however, is that power has shifted from the cities to the teams themselves. Professional athletic organizations have started taking advantage of cities by threatening to relocate unless they get public subsidies for expensive stadium renovations and construction. With this in mind it is imperative to ask today’s question: Do public subsidies for professional athletic organizations benefit their local community? The way I plan on conducting research is through a literary analysis, as I am a high school student with very few resources to gather large amounts of primary data. The types of literature that will be in this paper will include studies, meta-analysis, news articles, and magazine articles. By gathering this information, I will be more equipped to conduct more intensive research in the
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