Effects Of Cheating In Sports

As stated, the quality of an athlete’s performance affects consumers demand. In situations whereby competition between players is present there will be always illegal behaviour used to gain an upper hand on an opponent. Cheating is based on the economic principle that the better quality something is the higher demand there will be for it. Cheating is becoming more common in sports which is having drastic outcomes on athleths, damaging their careers and reputation. Cheating also negatively affects sports fans if they believe that the sporting contest is not played in an even manor. In recent times the most popular kind of cheating is the use of performance-enhancing drugs. Gambling and bribing also occurs which eliminates the integrity of any

They do does due to the financial benefits of hosting an event. If this is the case then the city could be better off buying a franchise outright. By doing this owners would not have to worry about whether or not the team will move after the lease. However, professional leagues try to prevent cities from owning franchises. How sports stadiums were funded has changed dramatically over the past eighty years. Funding for professional stadiums used to come from private sources and staduim subsidies were unheard of. Over time this has changed, with most new professional stadiums are financed in someway through staduim subsidies. This increase in bargaining power of professional teams has affected their host cities. . As the years have passed, municipalities have come to love their local professional sports teams. Citizens feel a special bond with their teams and share in a sense of civic pride when they are successful. Sports teams have realized their ability to relocate at lower and lower costs. Because local governments feel that keeping their sports teams around is critical to the success of their cities, they comply and grant the stadium subsidies. This process is what has led to the large number of stadiums financed through subsidies that we have

New jobs can be created due to the fact that these stadiums need to be built and game attendees and team employees increase spending in the area. Nearby the stadiums, jobs are created in local shops, restaurants, hotels, and in the transportation industry.
Advocates for stadium subsidies also claim less quantifiable positive externalities, such as civic pride and fan identification, so that hosting a major sports team becomes something of a public good. Local sports fans enjoy the benefit even if they do not pay for it.[6][7] New stadiums can also attract tourism and businesses which lead to increased spending and over time finances the subsidy through tax revenues from ticket and concessions sales, improved property values and more spending nearby the stadium.

However, there are also criticisms regarding stadium subsidies. It is argued that new stadiums do not generate as much consumption as people may think. The spending that is done around the staduim is just spending that would have been spent on a different economic good, therefore the city is not really benefiting from this consumption. Therefore, this argument suggests that new stadiums do not affect economic growth or change aggregate