St. Louis Franchise

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

So, in the long run the Raiders would be making more money by not moving to Vegas. Staying in Oakland will be the best thing to do for the fans as well.

The Packers are unlike any franchise in the league, it is the only non-profit, community-owned professional sports team in the United States. Rather than being the property of an individual, partnership, or corporate entity, the Packers are owned by their beloved fans. The Green Bay Packers are by far the NFL’s smallest market yet, the socialization between fans and team is unlike any other in the league. How this franchise can sustain itself without a wealthy billionaire is impressive to say the least. The Packers’ organization proves that public ownership can be very successful when put into practice. However, it is unlikely that we will ever see the likes of a non-profit organization in the NFL ever again.

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.

     Possibly those who are most effected by the sport’s industry’s willingness to abandon a community are the dedicated fans. When Al Davis moved the Oakland Raiders to Los Angeles, he pulled away from some of sport’s most loyal fans and also hurt his football team. The NFL’s Colts and Cardinals have also had failures on the field since their moves. These three teams are proof that all the greed that was put into the moving of their franchises hasn’t brought them more success or in some cases less success.

The NFL continues to remain the most lucrative professional league. According to Forbes Magazine the NFL’s 32 teams are worth on average, $1.7 billion, which is more than any other sports league. In contrast the world’s top 20 soccer teams have an average value of $976 million. The NFL has been successful despite the severe brain injuries that have been suffered by the athletes of their sport. Even though they continue to generate billions of dollars each year, the NFL is in danger of losing

The dodgers are a very amazing ball club that have been around for a very long time. in the 20th century a baseball team known as the robins won leauge championships in 1916 and 1920, but they lost in the world series both times to boston and cleveland. in the 1930's the young brooklyn team changed their club name to the Dodgers. Named after the pedestrians in the city of brooklyn who dodged streat cars. In 1941 the Dodgers captured their third national leauge pennant, only to lose to the other new york team the Yankees. This would not be the last time they played the yankees in the world series, The dodgers would go on to play the yankees in their next 6 world series appearences. Led by Jackie Robinson, the first black major leauge baseball

While growing up in the state of Texas I was introduced to National Football League (NFL) at a very young age. Not only was I obsessed with great players like Emmitt Smith and Michael Irving, I had a more finical appreciation for the lucrativeness associated with the NFL. My young adulthood as well as my teenage years was spent playing and learning football with the aspirations of hopefully making it to the NFL. Unfortunately, my playing days ended with tryouts at Texas Tech University, but my love for the game has remained stagnant over the years even till this day. The NFL today is Americas most watched sports league and has taken the crown as the most lucrative and unique economic force in sports. Forbes offered approximations stating that on average, the NFL generates more than $6-9 billion a year in revenues alone. A third of the individual franchises in the league were appraised at over more than $1 billion while the other franchises average nine figures or higher. The NFL as an organization generates its revenues through a multitude of ways ranging from huge television contracts, in-stadium ticket sales, advertising ads paid for by sponsors and merchandise. Their business model unlike most other leagues, is centered on a hard salary cap on player contracts which provides cost certainty with its sponsors. In this paper, I will examine the economic and historical narrative associated with the growth of the NFL’s

When looking at the National League Central division before the season began, not much was expected of the Chicago Cubs. But despite playing in what has become the league's most successful division to this point in the season, the Cubs have not only held their own, but they have become contenders to qualify for the Major League Baseball playoffs, making baseball betting experts take note that they are here for the present, not the future.

The Green Bay Packers have always had in interesting dynamic with its local city and Brown County, which is the county the franchise resides in. According to the 2010 census, Brown County had a population of 248,007 people, and the City of Green Bay had 104,057 people, which makes it the 139th largest city in the United States (Census). The next smallest city with a professional football team is New Orleans, which is the 51st largest city in the country (Census). The reason the Green Bay Packers are so interesting is because they reside in such a small city, that their influence on Brown County’s economy must be large in comparison. Another reason why I wanted to look at the Packers is because they are the only NFL team that

Coming in 4th place just like as their arch nemesis in baseball , the San Francisco 49ers are a historic team in the NFL. Producing 5 Super Bowl Champion teams (not to mention Hall of Fame players), Forbes lists the average ticket price at $117.00. For Bay Area’s only football team, a city which houses 4.6 million people, there is a vast array of consumer behavior the 49ers can target. Once they observed the success Golden State has with social media, the 49er marketing team went to work. Now, they follow a similar pattern with posts and highlight reels on vehicles such as Twitter and Instagram. The team was purchased in 1977 by owners Denise DeBartolo York and John York for $13 million. Through the years, the 49er’s fan base has never seen

What sports fan doesn’t like the idea of being able to help pay for his or her favorite team’s stadium? One might say that fans spend a lot of time and money there, so they would like the stadium to be nice and new. It is quite possible that a new stadium could help the team’s performance, or help with the chance to hold a major event, such as the Super Bowl (at least these are perceived notions among many sports fans.) The incentive to win or attend the Super Bowl seems pretty enticing to a fan. Plus, without a new stadium, many owners threaten to leave town if they are denied help from taxpayers. Can you imagine not having your favorite team in town anymore? The pride in having a hometown team is not something to take lightly. The owners and the local government work together to convince the residents of the city and local businesses that it’ll all be worth it in the long run thanks in part to the jobs and revenue being put into the city. Surely fans don’t mind giving a little bit of extra money out of their taxes if it means keeping their favorite team around for many years to come while supplying jobs and extra revenue into local businesses.

Sports are extremely important to many people. There are people whose passion for sports burns so much that they dedicate their lives to it by either playing the sport, becoming a coach, analyst, or other of many professions involving it. With people who love sports this much, they develop an emotional attachment to their favorite organization or player. If said favorite team or player does something contrary to the fans' desire, the fan feels betrayed since they have developed an emotional attachment with the player/organization. This was exactly the case with the now Los Angeles Chargers. For over 50 years, the Chargers had a legacy in San Diego. In 2017, the Chargers decided to leave this legacy behind and relocate to Los Angeles. There

Louis are almost equal. In Los Angeles, the Rams would have the second-largest market in the United States and millions of new and old Rams fans waiting. The Rams owner, Stan Kroenke, has planned to use private funds from himself and other investors in the business venture. The nation’s eyes will be upon the Rams as they move and develop into Los Angeles’ team. A joint stadium with the Raiders or Chargers will boost revenue and create the best stadium money can buy. Fan support in Los Angeles for all sports teams is outstanding and would be no different for the Rams. One factor as to why the Rams should stay put is that they can increase revenue with new stadium construction and try to build a stronger fan base. Another strong sign is that the NFL set a deadline at the end of December for stadium proposals to be completed, and the city is far ahead of Oakland and San Diego. The NFL wants to keep teams in their current markets if there are no setbacks in these markets. The St. Louis market is good enough if ownership allows it to be by creating a product that fans want to see on the field, as well as in the community. Whether the Rams move or stay put, it is very apparent that Los Angeles will be home to the NFL in the near

To connect to the economic power that generates through the Super Bowl one must understand the historical pattern of revenue, ticket cost, and attendance the game exhibits in the week leading up to the actual showdown. The ticket prices of the Super Bowl are the main catalyst into understanding what every consumer is willing to spend and how much revenue the game brings to that city. In 1967, the first Super Bowl tickets were no higher than 12 dollars and the average price of a home was less than 25,000 dollars (Smith, 2012). In 2016, the average ticket price was 1,325 dollars making a big ascendance from 1967 (Depietro, 2017). Therefore, this also shows how the game has become more popular since it has come into existence and ticket prices