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The Local Economic Impact of Phantom College Football Games: Evidence from North Carolina

In: The Economic Impact of Sports Facilities, Franchises, and Events

Author

Listed:
  • Craig A. Depken

    (University of North Carolina, Charlotte)

Abstract

During the fall 2020 and spring 2021, many college football games in the Football Bowl Subdivision (FBS) and the Football Championship Subdivision (FCS) were postponed or cancelled because of protocols instituted during the COVID-19 pandemic. These games are considered “phantom games” because they were scheduled and announced in advance but were not played. In the state of North Carolina, 18 FBS and 47 FCS “phantom games” occurred in the fall 2020 and spring 2021, and they provide an opportunity to estimate the impact of lost sporting events on host county monthly sales tax revenue. The results suggest that an average phantom FBS game reduced host county monthly sales tax revenue by $1.26 million; phantom FCS games were statistically insignificant. In total, the phantom FBS games cost host counties in North Carolina approximately $43.7 million in lost sales tax revenues. This impact should be included when analyzing the total costs of the COVID-19 protocols.

Suggested Citation

  • Craig A. Depken, 2023. "The Local Economic Impact of Phantom College Football Games: Evidence from North Carolina," Sports Economics, Management, and Policy, in: Victor A. Matheson & Robert Baumann (ed.), The Economic Impact of Sports Facilities, Franchises, and Events, pages 47-57, Springer.
    • Handle: RePEc:spr:semchp:978-3-031-39248-1_4
    DOI: 10.1007/978-3-031-39248-1_4
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