Financing Ballparks of Today.

The love affair between the American public and professional person sports dates back more than 100 years, to the origins of major league baseball. Although jolting at cartridge holders, professional sports enjoy a special alliance between fans and their police squads that has prevailed through many a heartbreak.

At no time in history, however, has the mood been altered so dramatically as in recent years when the business of sports infiltrated the game. Loyalty is fall as fans express discontent with what they perceive as team greed. Players salaries have skyrocketed, and ticket prices alone cannot cover the colossal payrolls. much and more team owners ar looking at the sports installation and its ability to make money through dollar signs in their eyes. And why not? Modern sports facilities be virtual notes mines.

Gone are the days of simple lease contracts between area owners and team owners as the stake in revenues has grown. Professional sports are now big business generating billions of dollars each year and decisions are based on the bottom line. Many team owners delve troughs the aboriginal to profitable teams and threaten to leave if an old stadium is not upgraded or replaced. As a result, policymakers are lots scrambling to retain their teams.

This report provides an overview of professional sports and the income capacity of modern facilities.



It identifies key issues legislators need to address when considering public financing for sports facilities and provides financial detail for all current sports venues in the form of a state-by-state chart.

Professional Sports in the United States

Currently, in the United States, 105 baseball, football, basketball and ice hockey teams exist at the major league level. Because some teams impart in multi-purpose facilities, these 105 teams play in 83 various stadiums and arenas located in 24 states and Washington, DC.

Figure...

If you want to get a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .