Economic Impact of a Sporting Event



Economic Impact of a Sporting Event

Name: __________________________________ Date: ____________

Let’s go on a trip! Pick a sporting or entertainment event that you would like to attend. You will need to find the following information:

|City and State |Venue Name and Number of Seats Available |

|Event Name |Event Date |

|Ticket Price | |

You are going to plan the trip to include the following:

|Price a hotel nearby the venue for two nights |Car Rental for two days |

|Find a restaurant nearby with an online menu and price dinner for two | |

Total your entire visit:

|Item |Cost |

|Tickets | |

|Hotel | |

|Restaurant | |

|Car Rental | |

|Total |$ |

Now, let’s determine the approximate economic impact this event will have on the city.

|1. | |6. |

|2. | |7. |

|3. | |8. |

|4. | |9. |

|5. | |10. |

List at least 10 jobs that will be needed to make your visit possible:

If every seat at the venue costs the same amount as your seat (ticket price), How much money would the venue make?

If every seat in the venue was sold, and each person spent an average of $20 on food and souvenirs, how much more money would the venue make?

There is great debate on whether or not sports and entertainment events have a real economic impact on cities. Go online and locate several articles to help you fill out the following table:

|Arguments that Sports & Entertainment events have a POSITIVE economic impact |Arguments that Sports & Entertainment events have a NEGATIVE economic impact on |

|on an economy (Cite the source) |an economy. (Cite the source) |

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