Source: csulauniversitytimes.com --- Friday, June 10, 2016
Los Angeles got what it wanted, an NFL team has finally returned to the City of Angels and they’re called the Los Angeles Rams. In that, the building of a new NFL stadium will take place in Inglewood, California, a city where the running joke is “Inglewood, always up to no good!” Still, many have to wonder, with all the glitz and glamor that comes with building a new stadium for an NFL team or any pro team for that matter; just how beneficial to a city’s economy is having a pro team? From the research, it’s very minimal. Take the city of Chicago for example, they have five professional teams: The Cubs and White Sox in baseball, the Bulls in basketball, the Blackhawks in hockey, and the Bears in football. According to Michael Leeds, an economist at Temple University, “If every sports team in Chicago were to suddenly disappear, the impact on the Chicago economy would be a fraction of 1 percent. A baseball team has about the same impact on a community as a midsize department store.” Still unconvinced? Everyone in Los Angeles remembers when Carson City councilwoman Lula Davis-Holmes shouted out, “Yes! We will have the NFL back in Los Angeles!” No, she wasn’t lying L.A. does have a team on the gridiron, but it’s not needed. Inglewood isn’t a stranger to a pro team. The Great Western Forum housed the Los Angeles Lakers for years until they moved out and went to Staples Center in Downtown LA. As a result, a 2003 analysis by the Los Ange ...
from NFL http://ift.tt/25SabYq
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