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Full Count

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  • Judith Grant Long

    (Rutgers University)

Abstract

Governments pay far more to participate in the development of major league sports facilities than is commonly understood due to the routine omission of public subsidies for land and infrastructure, and the ongoing costs of operations, capital improvements, municipal services, and foregone property taxes. Adjusting for these omissions increases the average public subsidy by $50 million per facility to a total of $177 million, representing a 40% increase over the industry-reported average of $126 million, based on all 99 facilities in use for the “big four†major leagues during 2001. For all 99 facilities, these uncounted public costs total $5 billion.

Suggested Citation

  • Judith Grant Long, 2005. "Full Count," Journal of Sports Economics, , vol. 6(2), pages 119-143, May.
    • Handle: RePEc:sae:jospec:v:6:y:2005:i:2:p:119-143
    DOI: 10.1177/1527002504264614
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    References listed on IDEAS

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    1. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
    2. Robert A. Baade & Richard F. Dye, 1988. "Sports Stadiums and Area Development: A Critical Review," Economic Development Quarterly, , vol. 2(3), pages 265-275, August.
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    Cited by:

    1. Humphreys, Brad R. & Zhou, Li, 2015. "Reference-dependent preferences, team relocations, and major league expansion," Journal of Economic Behavior & Organization, Elsevier, vol. 109(C), pages 10-25.
    2. Dennis Coates, 2007. "Stadiums And Arenas: Economic Development Or Economic Redistribution?," Contemporary Economic Policy, Western Economic Association International, vol. 25(4), pages 565-577, October.
    3. Örn B. Bodvarsson & Brad R. Humphreys, 2013. "Labor Market Discrimination And Capital: The Effects Of Fan Discrimination On Stadium And Arena Construction," Contemporary Economic Policy, Western Economic Association International, vol. 31(3), pages 604-617, July.
    4. Humphreys, Brad R. & Zhou, Li, 2015. "Sports facilities, agglomeration, and public subsidies," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 60-73.
    5. Phillip Miller, 2009. "Subsidized monopolists and product prices: the case of Major League Baseball," Applied Economics, Taylor & Francis Journals, vol. 41(25), pages 3249-3255.

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