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The Economics of Sports
Upjohn Press Upjohn Research home page 1-1-2000 The Economics of Sports William S. Kern Western Michigan University Follow this and additional works at: https://research.upjohn.org/up_press Part of the Economics Commons, and the Sports Management Commons Citation Kern, William S., ed. 2000. The Economics of Sports. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9780880993968 This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License. This title is brought to you by the Upjohn Institute. For more information, please contact [email protected]. The Economics of Sports William S. Kern Editor 2000 W.E. Upjohn Institute for Employment Research Kalamazoo, Michigan 49007 Library of Congress Cataloging-in-Publication Data The economics of sports / William S. Kern, editor. p. cm. Includes bibliographical references and index. ISBN 0–88099–210–7 (cloth : alk. paper) — ISBN 0–88099–209–3 (paper : alk. paper) 1. Professional sports—Economic aspects—United States. I. Kern, William S., 1952– II. W.E. Upjohn Institute for Employment Research. GV583 .E36 2000 338.4'3796044'0973—dc21 00-040871 Copyright © 2000 W.E. Upjohn Institute for Employment Research 300 S. Westnedge Avenue Kalamazoo, Michigan 49007–4686 The facts presented in this study and the observations and viewpoints expressed are the sole responsibility of the authors. They do not necessarily represent positions of the W.E. Upjohn Institute for Employment Research. Cover design by J.R. Underhill. Index prepared by Nancy Humphreys. Printed in the United States of America. CONTENTS Acknowledgments v Introduction 1 William S. -
Keenan Allen, Mike Williams and Austin Ekeler, and Will Also Have Newly-Signed 6 Sun ., Oct
GAME RELEASE PRESEASON WEEK 2 vs. SAN FRANCISCO 49ERS SUN. AUG. 22, 2021 | 4:30 PM PT bolts build under brandon staley 20212020 chargers schedule The Los Angeles Chargers take on the San Francisco 49ers for the 49th time ever PRESEASON (1-0) in the preseason, kicking off at 4:30 p m. PT from SoFi Stadium . Spero Dedes, Dan Wk Date Opponent TV Time*/Res. Fouts and LaDainian Tomlinson have the call on KCBS while Matt “Money” Smith, 1 Sat ., Aug . 14 at L .A . Rams KCBS W, 13-6 Daniel Jeremiah and Shannon Farren will broadcast on the Chargers Radio Network 2 Sun ., Aug . 22 SAN FRANCISCO KCBS 4:30 p .m . airwaves on ALT FM-98 7. Adrian Garcia-Marquez and Francisco Pinto will present the game in Spanish simulcast on Estrella TV and Que Buena FM 105 .5/94 .3 . 3 Sat ., Aug . 28 at Seattle KCBS 7:00 p .m . REGULAR SEASON (0-0) The Bolts unveiled a new logo and uniforms in early 2020, and now will be unveiling a revamped team under new head coach, Brandon Staley . Staley, who served as the Wk Date Opponent TV Time*/Res. defensive coordinator for the Rams in 2020, will begin his first year as a head coach 1 Sun ., Sept . 12 at Washington CBS 10:00 a .m . by playing against his former team in the first game of the preseason . 2 Sun ., Sept . 19 DALLAS CBS 1:25 p .m . 3 Sun ., Sept . 26 at Kansas City CBS 10:00 a .m . Reigning Offensive Rookie of the YearJustin Herbert looks to build off his 2020 season, 4 Mon ., Oct . -
HAWAI'i COLORADO STATE Oct. 29, 2020 Fresno, Calif. UNLV Nov. 7
2020 OPPONENTS HAWAI’I COLORADO STATE UNLV UTAH STATE Oct. 24, 2020 Oct. 29, 2020 Nov. 7, 2020 Nov. 14, 2020 Fresno, Calif. Fresno, Calif. Las Vegas, Nev. Logan, Utah General Information General Information General Information General Information Location ........................Honolulu, Hawai’i Location ........................Fort Collins, Colo. Location ............................ Las Vegas, Nev. Location ..................................Logan, Utah Founded ................................................1907 Founded ................................................1870 Founded ................................................1957 Founded ................................................1888 Enrollment ....................................... 18,000 Enrollment ....................................... 33,877 Enrollment ....................................... 31,142 Enrollment ....................................... 27,810 Nickname .....................Rainbow Warriors Nickname ........................................... Rams Nickname ..........................................Rebels Nickname .........................................Aggies Colors ......Green, Black, White and Silver Colors ...............................Green and Gold Colors ...............................Scarlet and Gray Colors ........ Navy Blue, White and Pewter Gray Affiliation........... NCAA Division I - FBS Affiliation........... NCAA Division I - FBS Affiliation........... NCAA Division I - FBS Affiliation........... NCAA Division I - FBS Conference ........................Mountain -
Pechanga Resort Casino Named Founding Partner Of
FOR IMMEDIATE RELEASE PECHANGA RESORT CASINO NAMED FOUNDING PARTNER OF SOFI STADIUM AND HOLLYWOOD PARK, LOS ANGELES RAMS, AND LOS ANGELES CHARGERS Pechanga Tribe Announces $100,000 in Grants for Inglewood Educational and Non-Profit Organizations Pechanga Resort Casino is SoFi Stadium and Hollywood Park’s First Founding Partner Headquartered in Southern California Rendering aerial of SoFi Stadium Rendering of Pechanga Founders Club Photos: https://f.io/XRE55SR4 Video: https://f.io/ForTQWwP ***Photo/Video credit: Pechanga/SoFi Stadium and Hollywood Park*** LOS ANGELES – (Dec. 17, 2019) – SoFi Stadium and Hollywood Park officially announced Pechanga Resort Casino as its newest Founding Partner of the new 70,000-seat stadium and 298-acre development being built by Rams Owner/Chairman E. Stanley Kroenke. As a part of this expansive agreement, Pechanga Resort Casino, owned and operated by the Pechanga Band of Luiseño Indians, will be the official California casino partner of the Rams, Chargers, SoFi Stadium and Hollywood Park. Pechanga is the first Southern California-headquartered company to announce a sponsorship with SoFi Stadium and Hollywood Park. “We are thrilled to partner with the Chargers and the Rams, and to be a part of SoFi Stadium,” said Tribal Chairman Mark Macarro. “This isn’t just a Los Angeles stadium, it’s a Southern California stadium, and Southern California has always been and will always be our home. We are especially proud to be able to help local students and people in need with the grants we announced today.” In honor of the holiday season and as a new member of the Inglewood community, Pechanga tribal leadership is donating $100,000 to Morningside High School in Inglewood and the Inglewood chapters of non-profits School on Wheels and U.S. -
Converged Innovation at Sofi Stadium
FALL 2020 CONVERGED INNOVATION AT SOFI STADIUM BILL ANDERSON ON TRANSFORMING VENUES ALLEGIANT STADIUM TECHNOLOGY PANDEMIC PLANNING FOR ENTRY AND CONCESSIONS mobilesportsreport.com We miss it, too. But we’re getting closer. The lights. The high fives. The hot dogs. The devastating defeats. The stunning victories. Connecting over these shared experiences is one of our passions. We are here with you, looking forward to the time when we can once again celebrate the sports and the teams we love. We are committed to our connected future, equipping stadiums and other venues with the network infrastructure to add applications that will enhance safety and tomorrow’s fan experience. For now, stay safe. corning.com/gameday © 2020 Corning Optical Communications. LAN-2637-AEN / August 2020 Welcome to the third issue of our SEVENTH year of STADIUM TECH REPORTS, the Fall 2020 issue! These quarterly long-form reports are designed to give stadium and large public venue owners and operators, and digital sports business executives a way to dig deep into the topic of stadium technology, via exclusive research and profiles of successful stadium technology deployments, as well as news and analysis of topics important to this growing market. Our stories for this issue include profiles of two of the most innovative new venues to open – SoFi Stadium in Los Angeles and Allegiant Stadium in Las Vegas! While neither venue will host fans this NFL season, our profiles will dig in-depth to tell you about the technologies in place to make these stadiums the most advanced when it comes to the game-day experience. -
Stadium Construction Sites in Los Angeles Author: Bastian Burger Published: Feb 2016
Title: Stadium construction sites in Los Angeles Author: Bastian Burger Published: Feb 2016 Stadium construction sites in Los Angeles by Bastian Burger February 2016 © Building Radar GmbH - 1 - www.buildingradar.com Title: Stadium construction sites in Los Angeles Author: Bastian Burger Published: Feb 2016 5 Stadiums That Los Angeles Should Emulate During Construction This article about stadium construction is a guest blog entry by Jessica Kane. For further contact details, continue to the end of this article. After over twenty years away, the NFL is returning to the City of Angels in the form of the Rams, who are returning next season after leaving for St. Louis in 1995. Many people have tried to bring professional football back to Los Angeles. The problem always was the lack of an adequate stadium. Stan Kroenke has finally gotten over that stumbling block with his Inglewood stadium, currently known as City of Champions Stadium, with completion scheduled for 2019. The new stadium that the Rams left Los Angeles for is finally being built for the Rams with ground being officially broken the day after the NFL voted to allow the Rams to return to Los Angeles. City of Champions Stadium construction, is being planned to be the flagship stadium for the NFL. Presently plans are for the stadium to have a low profile and the field nearly 100 feet below street level under a clear glass roof that will allow natural light and breezes into the stadium and part of a larger complex that will include a complex known as NFL City. NFL City will have studio space, a multi-use auditorium and other features enabling the site to handle NFL Network productions as well as hosting the NFL Draft and Combine, making Los Angeles the center of the NFL world. -
A Political and Economic Analysis of Public Subsidization for Stadium Construction Projects
Claremont Colleges Scholarship @ Claremont CMC Senior Theses CMC Student Scholarship 2021 Dropping the Ball: A Political and Economic Analysis of Public Subsidization for Stadium Construction Projects Max Fisher Follow this and additional works at: https://scholarship.claremont.edu/cmc_theses Part of the American Politics Commons, Political Economy Commons, Political Theory Commons, and the Public Economics Commons Recommended Citation Fisher, Max, "Dropping the Ball: A Political and Economic Analysis of Public Subsidization for Stadium Construction Projects" (2021). CMC Senior Theses. 2756. https://scholarship.claremont.edu/cmc_theses/2756 This Open Access Senior Thesis is brought to you by Scholarship@Claremont. It has been accepted for inclusion in this collection by an authorized administrator. For more information, please contact [email protected]. 1 Claremont McKenna College Dropping the Ball: A Political and Economic Analysis of Public Subsidization for Stadium Construction Projects submitted to Professor Shanna Rose and Professor John Pitney by Max Fisher For Senior Thesis Spring 2021 May 3, 2021 2 Table of Contents 1. Introduction: p. 3 2. Literature Review: p. 6 3. Theoretical Framework: p. 21 4. Case Study #1 – Las Vegas Raiders: p. 27 5. Case Study #2 – New York Yankees: p. 38 6. Lessons Learned/Discussion: p. 49 7. Conclusion: p. 55 3 Introduction Professional sports are a critical and universally loved part of America’s ethos. Millions of fans from across the country flock every year to sports stadiums, hoping to see their favorite player in action or just to enjoy the ambiance of the ballgame. Every Sunday during fall and winter, 60,000 fans attend prodigious NFL complexes, whereas 20,000 or so fans frequent an MLB stadium for 162-game schedule. -
National Hockey League
Appendix 1.4 to Sports Facility Reports, Volume 1, Number 2 ( Copyright 2000, National Sports Law Institute of Marquette University Law School) NATIONAL HOCKEY LEAGUE Note: Information complied from Forbes Magazine (franchise values), Sports Business Daily, RSV Fax, RSV, Sports Industry Update, Sports Business Journal, and other sources published on or before December 12, 2000. Team Principal Owner Recent Purchase Current Value ($/Mil) Price ($/Mil) Atlanta Thrashers Time Warner, Inc. $80 (1997) $138 Arena ETA COST %’s FACILITY FINANCING (millions) Publicly Financed Philips Arena 1999 $213.5 81% The facility is being financed through $149.5 M in taxable revenue bonds that will be paid back through stadium revenues; $62 M for public infrastructure costs which will be repaid with a new 3% car rental tax; and $20 M for the remaining infrastructure costs from Time Warner. In addition, Philips Electronics signed a 20-year, $180 million deal for the naming rights. Team Principal Owner Recent Purchase Current Value ($/Mil) Price ($/Mil) Boston Bruins Jeremy Jacobs $217 Arena ETA COST %’s FACILITY FINANCING (millions) Publicly Financed FleetCenter 1995 $160 0% Privately financed. Fleet Bank paid $30 for 15-year naming rights deal. Team Principal Owner Recent Purchase Current Value ($/Mil) Price ($/Mil) Buffalo Sabres John Rigas $ 95.6 in cash and $97 debt assumption for 50% stake (1998) Arena ETA COST %’s FACILITY FINANCING (millions) Publicly Financed Marine Midland Arena 1996 $122.5 44% The Arena was financed through a state loan (20%), County bonds backed by ticket surcharge (16%), City bonds (8%), and private bank loans (56%). The Marine Midland Bank paid $15 M for 20- year naming rights in 1996. -
AUTO RACING WNBA BASKETBALL SOCCER IMSA Racing Lamborghini Super Tro- Seattle Storm at New York Liberty
AUTO RACING WNBA BASKETBALL SOCCER IMSA Racing Lamborghini Super Tro- Seattle Storm at New York Liberty. From UEFA Champions League Soccer feo: Road America. (Taped) (CC) (NBCS) Barclays Center in Brooklyn, N.Y. (Live) Teams TBA. (Taped) (SPTCBS) 10:00 am 3:00 pm (SPTCBS) 7:00 pm MLS Soccer Columbus Crew SC at New IMSA Racing Mazda MX-5 Cup: Road York Red Bulls. From Red Bull Arena in America. (Taped) (CC) (NBCS) 4:00 pm NFL FOOTBALL Harrison, N.J. (Live) (MSG) V 8:00 pm IMSA Racing Michelin Pilot Challenge: Houston Texans at Green Bay Packers. Women’s International Champions Cup Road America. (Taped) (CC) (NBCS) From Lambeau Field in Green Bay, Wis. 5:00 pm Soccer (Taped) (ESPN2) 9 11:00 pm (CC) (NFL) 1:00 pm MLS Soccer New York City FC at Phil- Miami Dolphins at Chicago Bears. From adelphia Union. From Subaru Park in BASEBALL Soldier Field in Chicago. (CC) (NFL) 4:00 Chester, Pa. (Same-day Tape) (YES) T Boston Red Sox at New York Yankees. pm 11:00 pm Game two of doubleheader. (YES) T Cleveland Browns at Jacksonville Jag- 9:00 am Women’s Soccer The Women’s Cup uars. From TIAA Bank Field in Jackson- New York Mets at San Francisco Giants. ville, Fla. (CC) (NFL) 8:00 pm — Paris Saint Germain vs FC Bayern From Oracle Park in San Francisco. (Live) Munich. From Lynn Family Stadium in (SNY) 3:30 pm Seattle Seahawks at Las Vegas Raid- ers. From Allegiant Stadium in Las Vegas. Louisville, Ky. (Same-day Tape) (SPTCBS) Boston Red Sox at New York Yankees. -
Kroenke's Going to Crush
Kroenke’s Going to Crush it… Sean Spear | Hughes Marino Blog After two long decades, the city of Los Angeles is finally getting its football team back. The Rams are returning to the city of Angels. Rams owner, Stan Kroenke, has partnered with Stockbridge Capital, the owners of the Hollywood Park Land Company, to build a new state-of-the- art NFL stadium and facilities on the existing Hollywood Park development in Inglewood. After collecting more than 20,000 petition signatures to allow for the rezoning of the proposed stadium site, the Inglewood City Council approved the stadium with Rendering of Inglewood Stadium by HKS Architects. a unanimous 5-0 vote, removing any remaining legal obstacles for the stadium project and clearing the way 2,500 homes, a 300-room hotel and 25 2021 Super Bowl, as well as many other for developers to break ground. acres of new park space. The stadium large sporting events in the future. The Inglewood stadium will was designed by HKS and includes Even before construction, the accommodate 80,000 fans and is a 19-acre transparent canopy that stadium deal has already had a located on a 300-acre site worth an covers the entire stadium and other positive impact on the surrounding estimated $2.6 billion dollars. For parts of the surrounding development area. According to Hughes Marino, reference, this is $1 billion dollars using a malleable plastic, allowing the office rents have increased 12% year more valuable than Metlife Stadium, venue to display a myriad of images, over year with industrial rents rising a the current home of the New York colors and advertisements that can be surprising 36% within a 1.5 mile radius Giants and New York Jets. -
By Steven H. Salaga
EMPIRICAL ESSAYS IN SPORT MANAGEMENT by Steven H. Salaga A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy (Kinesiology) in The University of Michigan 2012 Doctoral Committee: Professor Rodney D. Fort, Chair Professor Charles C. Brown Associate Professor Jason A. Winfree Assistant Professor Dae Hee Kwak ACKNOWLEDGEMENTS I would like to thank my entire doctoral dissertation committee for offering to provide to their time and expertise in assisting me through the dissertation process. I truly appreciate all the support you have given over the course of my years at Michigan. ii TABLE OF CONTENTS ACKNOWLEDGEMENTS .................................................................................................................. ii LIST OF TABLES .............................................................................................................................. v LIST OF FIGURES .......................................................................................................................... vii ABSTRACT ...................................................................................................................................... ix CHAPTER 1: Introduction .............................................................................................................. 1 CHAPTER 2: Personal Seat Licenses, Season Ticket Rights and National Football League Demand .......................................................................................................................................... -
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