Just to stir the pot a bit, http://scholar.google.com/scholar?num=100&hl=en&lr=&q=%22Return+on+Investment%22+Stadium&btnG=Search
it would seem that most of the economic studies in the returned list don't find a good ROI on publically financed sports stadiums. One in particular (http://www.mpls.frb.org/research/studies/earlychild/abc-part2.pdf) suggests a far higher rate of return to society if the same money is invested in earch childhood development programs. larry On 8/9/05, Charlie Griefer <[EMAIL PROTECTED]> wrote: > On 8/9/05, Gruss Gott <[EMAIL PROTECTED]> wrote: > > > > Then we agree. Sports stadiums have no ROI and the public shouldn't > > support your hobby. I don't ask you to pay for my car and you > > shouldn't ask me to pay for your sports obsession. > > Who agreed to that (besides you)? > > Haven't had time to do extensive research (at work...they kind of > expect me to...y'know...work). > > Did find this: > http://www.ausport.gov.au/fulltext/1998/cjsm/v2n3/turco&lim23.htm > > ....which, granted, seems to focus more on the relationship between a > professional sports team and the community to which it belongs. But > since it's assumed that a team has to play in a stadium, I don't think > it's a quantum leap in logic to apply the same reasoning to the > stadium. > > For those who don't care to read the entire study (it's rather long), > I'll just post the conclusion: > > "This study has described the relationships between a sport attraction > and the host community's tourism industry. In sharp contrast to > conclusions drawn by other researchers, findings from this study > suggest that a sport franchise can make substantial net economic and > social contributions to a community's tourism industry." > > Now, obviously (as stated in this very conclusion), other studies have > been done that arrive at a different result. So what I -will- agree > to is that whether or not a sports stadium has measurable ROI to the > public is inconclusive at best. But I will not agree to the fact > that, as you say, "Sports stadiums have no ROI and the public > shouldn't support your hobby" > > -- > Charlie Griefer > > ================================================ > "...All the world shall be your enemy, Prince with a Thousand Enemies, > and whenever they catch you, they will kill you. But first they must catch > you, digger, listener, runner, prince with a swift warning. > Be cunning and full of tricks and your people shall never be destroyed." > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase RoboHelp from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=59 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:168607 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
