Title: Sports, Jobs and Taxes
Publisher: Brookings Institution
Binding: Soft cover
Book Condition: New
This book assesses the case for government subsidies for sports teams by examining the economic impact of new stadiums and the presence of a sports franchise on the local economy. Editor(s): Noll, Roger G.; Zimbalist, Andrew. Num Pages: 355 pages, black & white illustrations. BIC Classification: KC; KNSP. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 230 x 152 x 35. Weight in Grams: 750. . 1997. Paperback. . . . . Books ship from the US and Ireland. Bookseller Inventory # V9780815761112
Synopsis: This book examines the economic impact of new stadiums or a sports franchise on the local economy. It explores such general issues as the appropriate method for measuring economic benefits and costs, the source of the bargaining power of teams in obtaining subsidies from local government, the local politics of attracting and retaining teams, the relationship between sports and local employment, and the importance of stadium design in influencing the economic effects of a facility. The book also contains case studies of major league sports facilities in Baltimore, Chicago, Cincinnati, Cleveland, Indianapolis, San Francisco, and the Twin Cities and of minor league baseball stadiums and spring training facilities. The primary conclusions are the sports teams and stadiums are not a source of local economic growth and employment; the size of the net subsidy exceeds the financial benefit of a new stadium; and cities are probably willing to subsidize sports teams because of the intense popularity of sports among a substantial proportion of voters and businesses and the leverage that teams enjoy from the monopoly position of professional sports leagues.
About the Author: Roger G. Noll and Andrew Zimbalist have consulted for players associations and owners in professional sports. Noll is professor of economics and director of the Public Policy Program at Stanford University and a nonresident senior fellow at the Brookings Institution. He is the author of numerous books, including the classic Government and the Sports Business (Brookings, 1974). Zimbalist is professor of economics at Smith College and the author of several books, including Baseball and Billions: A Probing Look Inside the Big Business of Our National Pastime (Basic Books, 1992). He was also a consultant for the nine-part documentary on baseball in America by Ken Burns.
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