Sports Stadium Research Paper

Being born and raised in Los Angeles, California, the article that intrigued me was “Dodgers asking $12 million a year for naming rights to field”, by Terry Lefton. In the eyes of some, commercialism has saturated historical Major League Baseball stadiums with signage and advertisements plastered across walls.

Thus we can see why public money is eagerly donated. The full costs of a stadium and the damage it does to communities are often years in the future, long after the politician is known for being the hero that save our local team and has moved on to bigger and better things, now with the campaign funding of the very teams that they built homes for and the fans who continue to pay. Team owners can choose new cities but cities can’t choose new teams thanks to the leagues government-sanctioned monopolies over franchise placement, mayors for example, feel they must offer owners anything they want. “Politicians continue

Fenway Park - An iconic ballpark and home of the Boston Red Sox, Fenway Park is located right in the heart of the city, making it accessible via bus, subway, car, cab, commuter rail, and bicycle. The Kenmore T Station is just around its corner for fans who want to take the subway to the ballpark. MBTA buses serves the area surrounding Fenway Park. For fans who live surrounding cities and towns, they may take the commuter rail to

I am going to discuss the topic of National Football League stadiums and their public funding. The purpose of the study is to find out if funding of NFL stadiums is “bad business,” The research I will look at the impacts that a stadium has on the economy in the city. Cities’ like to have attractions that they can draw from and be proud of. Most cities have some form of sport arena, and more are being built or are planned to be built. As with any business there are positives and negatives when hosting a sports team. Cities pay multimillions to help fund and build sport stadiums for teams. I hadn’t researched or looked into this topic before, so I was very intrigued by this. At the end of this paper I will give my own personal opinion.

It’s funny how in many ways history repeats itself. We never learn to not do a mistake twice. Christopher Columbus came in 1492 and took the land of many Native American already settled in American. A similar situation occurred with the beloved Dodgers Stadium. Home to many Champions, and Hall of Famers, Dodgers Stadium has become one of the best known baseball parks in the nation due to it being the 3rd oldest in the nation. It is home to the MLB team Los Angeles Dodgers who once were the Brooklyn Dodgers. The Dodgers Stadium, would’ve not been anything if it was not for the many homes that were lost in the 1950s in what is now called the Chavez Ravine.

Sports Stadiums are an iconic staple of American tradition. However not everything about these venues is positive. Team owners take advantage of laws and fans to meet their own goals. Citizens and city officials from various locations have taken up their grievances with the NFL in the past. And it has gotten to the point where even political parties join together to bring to light issues with the organization. NFL stadiums are not good for cities because they take advantage of tax payers, hurt citizens on an economic level and cost them billions in subsidies.

Stadium subsidies are used to fiancé new stadiums. The government provides financial support to franchises that allows them to build their new stadiums. These subsidies are costing tax payers millions and do not seem to be in the best interest of the city the stadium is in. Those in favor of using tax payer dollars to build stadiums argue that the economic impact a professional franchise has on a city is great and a new stadium will help generate revenue. Research has shown this is not the case. Most stadiums cost the city and never produce enough revenue to make up for those costs (Bast, 1990).

Athletic events aren’t always held at traditional arenas. Those venues may cost far more money than an amateur sports team (and some professional teams) could possibly afford.

The name of the stadium is Coors Park. It is located in Denver, Colorado. In 1999, Coors Field was founded as the most prolific offensive ballpark ever created. The Rockies and their opponents combined for 303 home runs, the most ever in a season at one venue.

Zable Stadium, home of the William and Mary Tribe football team, is right in the heart of the Virginia city of Williamsburg. Travelling a few miles from Williamsburg, you find two thrill-packed amusement parks; Busch Gardens and Water Country USA. Busch Gardens is approximately 8 miles south-east and features roller coasters, including Griffon, Alpengeist, and Apollo's Chariot in its nearly 400-acre site themed around European cities. Water Country USA, 8 miles east, is a 60s surf inspired water park with wave pools, slides and river rides. Wine lovers will enjoy Williamsburg Winery, offering tastings and tours of the 300-acre site, just 6 miles south of the city. While visiting the winery, treat yourself to a meal at Cafe Provencal, where

Where would you most like to live? I would love to live in Philadelphia,PA right by the Eagles stadium. The reason I would love to live here because I am a HUGE Eagles fan. I would love to go there and tailgate in the parking lot with other Eagles fans or buy season tickets and go every sunday with friends. If I can not make it to a game like monday or thursday I would still love to hear the fireworks go off and the announcer commentate the game.

Sports teams are a symbol of a cities pride. Take for example the Chicago Cubs. They create a sense of loyalty toward that city. However, none of that would happen without a stadium. Stadiums and teams can play a very important role in a cities economy, or they could also be irrelevant. To decide whether or not they are useful or not you must first understand each side of the argument. So first, let’s examine the pros of having a stadium within your city. Then, we will discuss the harms of having one. And finally, decide which side is more beneficial for the economy.

In the United States, new sports stadiums are commonly seen as a vital part of the redevelopment of a city having a great economic growth with the production of jobs and a positive income builder. After this, the owners of the pro sports teams with millions and millions of dollars of subsidies for the construction of new stadiums and arenas and expect these facilities to generate economic benefits exceeding these subsidies by large margins. However, a growing body of fact indicates that professional sports facilities, and the franchises they are home to, may not be engines of economic benefit anywhere claims Sachse, “. In reality, sports franchises typically account for a very small proportion of the total economic output of the cities in which they reside.” Some economical studies on the amount of income and employment in US cities find no evidence of positive economic benefits associated with past sports facility construction and some studies find that professional sports facilities and teams have a net negative economic impact on income and employment. It just shows that these results suggest that at best, professional sports teams and facilities provide non-pecuniary benefits like civic pride, and a greater sense of community, along with consumption benefits to those attending games and following the local team in the media; at worst, residents

Each of the  stadiums are funded in unique ways, communities do not benefit from new stadiums, and stadiums do not save a struggling downtown. Foremost, stadiums hurt public schools, and this money should be used for more important public services.  There are many  reasons we subsidize sports, but stadiums do not help the economy, and there are no net benefits from stadiums.  Teams strive for new stadiums to create an image,  but there are  options so that a community will not loose a team to another city without building a new stadium.

Unfortunately, these arguments contain bad economic reasoning that leads to overstatement of the benefits of stadiums. Economic growth takes place when a community's resources--people, capital investments, and natural resources like land--become more productive. Increased productivity can arise in two ways: from economically beneficial specialization by the community for the purpose of trading with other regions or from local value added that is higher than other uses of local workers, land, and investments. Building a stadium is good for the local economy only if a stadium is the most productive way to make capital investments and use its workers.