The Impact of a Professional Sports Franchise on County Employment and Wages

John Jasina () and Kurt Rotthoff ()
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John Jasina: Claflin University
Kurt Rotthoff: Seton Hall University

International Journal of Sport Finance, 2008, vol. 3, issue 4, 210-227

Abstract: Stadium boosters have long used the promise of economic development as a means to gain public support for financing local sports teams. Past research has shown little or no impact on employment or income when viewed at the MSA level. This paper expands the current literature on the economic impact of professional sports franchises. Following Coates and Humphreys (2003), we look at employment and wages at the county level using detailed SIC and NAICS industry codes. We find mixed results on employment within a county but find a negative effect on the payrolls within specific industries.

Keywords: stadiums; arenas; public finance; professional sports; economic development; economic impact (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2008
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International Journal of Sport Finance is currently edited by Arne Feddersen, Babatunde Buraimo, Joachim Prinz and Jane Ruseski

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