What’s the most you’ve ever paid for tickets at a sporting event? It probably wasn't cheap. Tickets for sports have increased to a major - league level, and the rising prices must be lowered. They should be lowered because many people can’t afford them, stadiums already make huge profits on other accommodations, and the price has been steadily going up for no apparent reason. A lot of people enjoy sports; but they’re getting to a very high price column. The average person can barely even afford to attend one. The average cost for a mere ticket at an NFL game in 2016 was $92.98. That’s not including snacks, gas money, or parking. $92.98 is a large wad of change for many, and other costs just make it worse. For example: the average cost for a team that went 3-13 in 2016 (Chicago Bears) was $131.90. They weren’t even close to being successful, and the price was still outrageous. Many people take their whole families, as well, so it would reach a much higher cost that way. Once again, that’s the cost of a ticket, not other snacks, gas money, or parking. Considering the amount of …show more content…
The average cost for baseball tickets in 2016 was $41. Average spending costs, such as parking and snacks, go as followed: parking: $16 average, and snacks: $4.50 for one hot dog (though many will buy two, upping the price to $9). Although gas prices may vary, depending on where the purchaser of the tickets lives, country gas prices fluctuate from around no less that $2 per gallon, to no more that $3 per gallon most of the time; city gas prices, on the other hand, reach up to $4 per gallon, so no matter where one lives, it will be a costly trip excluding ticket prices. So, if the math is done, many buy two hot dogs ($9), and pay $16 for parking, that will be roughly $25, and a lot of fans live many miles away, consequently they will fill up for gas more than
During the 2016-2017, the Mavericks examined the ‘inverse analytics’ data and their staff realized they would be a losing team for some time. In order to keep fans interested in attending their games, they lowered their average ticket price to $65 per game, which was the seventh cheapest out of any NBA team at the time (Hoopfer, 2017). The Mavericks ticketing office also creates irresistible deals for their fans. For instance, during one game in February 2016, the Mavericks were selling tickets for $5 if fans came 30 minutes before tipoff or earlier (Hoopfer,
Tickets ran anywhere from $40.00 to $55.00 for the five hour long show. The wait to get in was some what frightening due to a check point like station everyone had to be searched at. Police and security guards patted each and everyone down for drugs, weapons, and what ever else they could try and stop.
Siegfried, J., & Zimbalist, A. (2000). The economics of sports facilities and their communities. The Journal of Economic Perspectives, , 95-114.
This is a scenario that is becoming more apparent. In upcoming news the rock and roll band U2 has launched a world wide tour and they plan to come here to Tempe to play Sun Devil Stadium in the beginning weeks of May 97. The political group Rage Against The Machine will also be opening for U2. I am a fan of both of these bands so I looked into getting tickets for the show. I have found some shocking results as far as tickets go as well as tickets for other bands. For the U2 shows it can cost up to $61.60 for ONE ticket. “Thanks in part to eye-popping Ticketmaster telephone service fees of $8.35 per ticket, a set of tickets for U2’s May 31 show at New Jersey’s Giant’s Stadium cost a fan $246.40 for four tickets”(Boehlert 25). As a freshman in college on a tight budget it is extremely difficult for myself to pay that much money for one ticket with a $8.35 surcharge. I am sure that many people can empathize with not wanting to see some of your favorite music at such a high price. Why must the surcharges be so high?
College athletes are undoubtedly some of the hardest working people in the world. Not only are they living the life of an average student, they also have a strenuous schedule with their specific sport. One of the most discussed topics in the world of college athletics is whether or not student-athletes should be paid money for playing sports. The people who disagree with the idea have some good arguments to make. Primarily that the athletes get to go to school for free for playing sports. Another argument is that if student-athletes were to get paid then it would ruin the amateurism of college sports. People who are against paying the athletes do not want to see the young people become focused on money. “Paying student-athletes would dramatically shift their focus away from where it should be - gaining knowledge and skills for life after college” (Lewis and Williams). This is very understandable because one of the biggest reasons college sports are so popular is because the athletes play for school pride and for bragging rights. They play because they enjoy the game, not because it is their job. Most people that disagree with the idea of paying the athletes fail to realize what really goes on behind the scenes. At most Universities around the country the bulk of the income the school receives is brought in through the athletic programs. In fact the football and basketball teams usually bring in enough money to completely pay for the rest of the athletic programs all together. To get a better understanding of how much has changed in the world of college sports a little history must be learned.
College athletes juggle busy academic and practice schedules all throughout their stressful weeks, so why shouldn't they be compensated for their time dedicated to sports? NCAA rules strictly prohibits players from being paid for all the hard work they do to protect “amateurism”, but are you really an amateur putting in over 40 hours a week between practice and other activities? Although students earn a college scholarship, that doesn’t cover living expenses, and access to a degree at the end of their career, players should be paid because schools, coaching staffs and major corporations are profiting off their free labor.
Abstract: The Stadium construction boom continues, and taxpayers are being forced to pay for new high tech stadiums they don’t want. These new stadiums create only part-time jobs. Stadiums bring money in exclusively for professional leagues and not the communities. The teams are turning public money into private profit. Professional leagues are becoming extremely wealthy at the taxpayers expense. The publicly-funded stadium obsession must be put to a stop before athletes and coaches become even greedier. New stadiums being built hurt public schools, and send a message to children that leisure activities are more important than basic education. Public money needs to be used to for more important services that would benefit the local economy. Stadiums do not help the economy or save struggling towns. There are no net benefits from single purpose stadiums, and therefore the stadium obsessions must be put to a stop.
There has always been a lot of debate on whether or not college athletes should get paid. With as much money as college sports makes from these student athletes, should these student athletes be getting paid? There are many different stances on why I feel like these student athletes should be getting paid. I will talk about some of the reasons on why they should get paid. Being a student athlete is a very stressful thing in life at that age as they are attending school full time and working extremely hard at being the best athlete they can on the field.
Isn't it amazing how one little controversial question can cause so much drama? Take the NCAA for instance. Within recent years the question of weather NCAA athletes should be paid or not has arisen and caused them some unwanted attention. Many coaches and sports enthusiast have been interviewed on their opinion. “Students are not professional athletes who are paid salaries and incentives for a career in sports. They are students receiving access to a college education through their participation in sports, for which they earn scholarships to pay tuition, fees, room and board, and other allowable expenses,” (Mitchell). “There has been major discussion recently if college athletes should or shouldn't be paid while they are in school. The first thing opponents say is, "They're already getting a scholarship! That is more than anybody else! Don't be greedy!”(Hartnett). These are just two men’s opinions, but no one needs to give his or her opinion any longer. The answer to this question is unmistakably clear. NCAA athletes do not need to be paid because they get to go to college for free, their living expenses are paid for, and there would not be a fair way to choose which teams are paid and which are not.
In recent years, a major controversy in the NCAA has been whether or not student athletes in college should be paid for playing sports. There are different viewpoints from different people stating if they should or not. Many people believe that they are already being rewarded enough with their education being paid, but even with the school’s help with their tuition and school fees, many have trouble paying personal expenses. Even though some people believe they shouldn’t be compensated for their hard work and dedication, it is the right thing to do, due to their lack of time occupied by sports and schoolwork. Many famous athletes in college such as Johnny Manziel and Tim Tebow bring in millions of dollars into their universities due to publicity and even though they are breaking their backs they don’t receive a single dime for their hard work. The college coaches also get a really high salary, just for coaching the players. They also receive many contracts that include shoe contracts, TV and radio contracts, and many perks along the way. When the coaches get their teams to the playoffs or win major games, they might receive big bonuses. It doesn’t make sense that the athletes are the ones that are doing all the work to get the far yet they don’t see any form of compensation. Many executives from the NCAA and the universities also get millions of dollars from big sporting events, and they do nothing to earn it. The athletes are the ones taking stuff out of their time and working hard to not get paid.
Sports are one of the most profitable industries in the world. Everyone wants to get their hands on a piece of the action. Those individuals and industries that spend hundreds of millions of dollars on these sports teams are hoping to make a profit, but it may be an indirect profit. It could be a profit for the sports club, or it could be a promotion for another organization (i.e. Rupert Murdoch, FOX). The economics involved with sports have drastically changed over the last ten years.
In addition it would employ many during games and events taking place after it was built. In 1997 experts said that over seven billion dollars would be spent on new sports facilities by 2006 and that most of the money would come from public sources like tax payers. A 225 million dollar stadium is a lot of money and about 70 million of that is paid for by tax payers. That also means about two million a year over a lifetime span of 30 years is contributed by the tax payers.
Publicly funded stadiums have been a hot topic of discussion in recent years. With the costs of arena construction increasing across all sports except the National Hockey League, the major questions concerning this issue seem to revolve around whether a publicly funded stadium is a good investment for a city or not. Most of the literature and research into the matter seems to suggest that it is not. However in some cases, civically funded stadiums or arena construction can be a wise investment for certain areas. A situation where this would be the case is when a stadium is built in an area where it has the potential to or a strong likelihood of revitalizing the surrounding neighborhoods.
While sports for the spectators are merely entertainment, the economics of the industry are what drives businesses to become involved. Sports have become more of a business entity rather than an entertainment industry due to the strong economic perception of the over all industry. There are several instances in which economics may contribute to the effect on the sports industry, such as: the success of a team, the price of a ticket, the amount of money an athlete will make, and the amount of profit a team will make. The success of an...
money spent on gas traveling to a new restaurant or take-out place for each meal. The