Impact Of Sporting Activities On Sporting Events

It is evident that hosting the Olympics games is no walk in the park. The countries trusted with this task have to spend billions to make the games a reality. Some people believe that the countries, even after spending billions of dollars benefit from the games, while others believe that the money can be spent elsewhere more efficiently. To reach a conclusion, one must study all of the different impacts in all of the different sectors the games have.

There are direct impacts to the environment for every sport event that happened, be it small scale or global. Mega –sport events are progressing every now and then since they are stimulators of major programs of improvement and regeneration for means of expressing the personality and enhancing the status of cities that are holding these events. Mega-sport events are then catalysts of development and change of the venues both in the local and national level (James and Dodours,

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.

One thing many economists agree on is the overall lack of effect sports can have on a city. Cities seem to be less impacted by a professional sports team because of things like opportunity costs, substitution effects, crowding out, and leakages (Baade, Baumann, Matheson, 2008, p. 797). These economists’ theory is that if there weren’t sports teams, people would still choose to spend money on other entertainment or attractions (Baade, Baumann, Matheson, 2008, p. 797). How the substitution effect works in sports is you imagine a city has a game, which supposedly tons of tourists and outsiders come to enjoy. These outsiders come for the specific event in which they are paying a good amount for, are not going to want to spend tons of money on other

A third factor that shaped the Modern Olympic movement from 1892 to 2002 was global marketing. Countries started showing more and more economic interest. Document 5,7, and 9 show how countries in some odd way gained huge amounts of revenue for competing in the Olympics. This gave countries an incentive for hosting, sponsoring, and as well as obviously competing in the games. Document 5 expresses the results that the Tokyo games had on Japan’s economics. The

An entertainment or sports event, such as the MLB World Series, has a direct economic impact on the city that hosts the event because the city that hosts events such as these has to go through a series of new expenses and spending in order to be prepared for tourists. For instance, if a city is hosting the MLB World Series, the city is expected to have people from other cities, or even other countries looking for a place to stay during that given period of time. Therefore, companies such as hotels have to undergo a certain amount of spending to make sure that they have enough resources to meet the needs of these tourists. Another example, is that when an event such as the Super Bowl in the NFL occurs in a city, there are certain requirements

The sporting mega events that were chosen for our analysis was the Summer and Winter Olympics, the World Cup and the Commonwealth Games. These 3 events are the largest mega events in the world, and are excellent representations of sporting mega events as a whole. We wanted to go as far back as our data indexes allowed us to go, which was the 1996 Summer Olympics in Atlanta, so we made that our starting point. Our goal was to look at all of the bids made for the mega events, and look at a selection of variables influence on their chances of winning. We used data from the year the countries hosted the events (excluding the data used for future events) in order to go as far back as the indexes would allow us.

This is evident especially in third world countries where sporting activities has not developed. Most clubs in this countries lack major sponsors and, therefore, this has hindered the development of the clubs. This is the reason sponsorship is encouraged in sports as it leads to improvement of sports activities. Sports activities are a major source of entertainment and should be encouraged in the whole world. (Skildum-Reid, 2015)

Jasthi, helps the reader understand the negative financial outcomes of hosting a sporting event like the World Cup and what it does to the country’s economic status. Jasthi’s point is simple yet informative. He compares the spending from South Africa’s World Cup to Brazil’s World Cup. Jasthi argues that Brazil’s lack of budgeting led them spend three times more of what South Africa paid for in the 2010 World Cup. However, that was not the only concern that Jasthi discussed in the article. The other downfall of this spending was that Brazil invested too much money in rebuilding stadiums that were going to be used for a maximum of four games, and were never going to be re-visited after the world cup. Jasthi’s points were quick and concise to the reader, and helps the reader understand how the games can negatively effect the country if the country does not make smart financial

Sport events like the Olympic games provide the opportunity for host countries to show their

The negative impact of recent Olympic Games on the host country has caused controversy on whether this event is sustainable. The Olympics have a huge impact on the economic, social, and environmental aspects of the country, but the multiple viewpoints show that everyone perceives these impacts differently. Furthermore, assuming that one aspect brings positive impacts to the country, there is always a chance that another aspect is influenced differently. The cost of the Games is one of the largest impacts on the country, and the Olympic Games in 2008 cost $42 billion alone (aperianglobal.com). Additional factors, such as the pollution caused or the drawbacks of tourism, have also led the media to question whether the Olympics are worth the

Countries utilize both the vast market and the attractiveness to increase ticket sales, sales in merchandise and tourism in their country. For the 2012 Olympic in London, it was estimated that 471,000 people visited from overseas primarily for the Olympic/Paralympics. ("Visits to the UK for the London 2012 Olympic Games and Paralympics - ONS", 2013, p. xx-xx) Not only does the country benefit from the ticket sales, but other businesses in the city (Hotels, restaurants, attractions, etc.) will flourish in business due to all the international trades that are occurring. The Olympic also provide jobs since the preparation, and the execution of the event requires a large staff as well as people with different skills. (Performers, construction workers, marketers, designers, etc.) Thanks to the Olympics, the United Kingdom saw a boost of £9.9 Billion ($17,805,486,600 CAD) in trades and investments. ("London 2012 Olympics 'have boosted UK economy by £9.9bn'", 2013) Hosting the Olympics can also make a psychological impact. With the great success Japan had in hosting the 1964 Olympics, (the first Asia Olympics as well as a method of being reaccepted by the rest of the world after World War Two), news that Japan will be hosting the Olympics 2020 significantly brought their citizen’s morale up after being hit with

After the 1984 Los Angeles Games showed for the first time that mega-events could produce an economic surplus, mega-sport events, particularly the Olympic Games, acquired central status for city and national government development agendas (Andranovich, Burbank and Heying, 2001). And the appeal of hosting a mega-event, or more specifically a mega-sport event, has grown significantly over the

Sports have always been one of the major factors of the society and economy. Back in Ancient Greece, the homeland of the Olympic games, the Greeks believed that a healthy body was very important and sports played an important part of the society. Nowadays, the sport industry has grown to a direct and indirect economic impact of the countries, with organizations and sport events that have fans and supporters from all over the planet that are willing to spend a great amount of money in order to show their support for their favorite team, player or club. That happens because sports entertain people by watching their favorite sport teams play in some of the sports mega-events.

Olympic Games, as a global event, any Olympic Games will have a different impact on the environment, society, culture and economy of the host city and country. Especially since the 1980s, with the scale continues to expand, the impact of the Games on the host city and country of more concern. Another important issue will be social communities. For Olympic Games host city, it will has lots of change, like environment, social communities, local economic, etc.… But the host city still got something attractions and cultural staff. For example, Canada Whistler Winter Olympic Games, First, because of economic development, job opportunities increase, leading to increased consumer demand. Second, the Olympic Games will have a great demand for