Question

How does having a popular sports team, such as the Oklahoma City Thunder, affect a local economy?

Answer 1

Responses may vary but should include some or all of the following information: Popular sports teams can be important economic assets to a community. People travel from all over the state, and even out of the state, to watch their favorite teams. While there, they stay in hotels, eat at restaurants, and spend money at the game on admissions, food, and souvenirs. This results in extra tax income for the city as well as extra revenue and jobs. For example, each Thunder home game generates an additional $1 million for Oklahoma City. Similarly, the Sooners bring in an extra $9 million for Norman for each home football game.

Step-by-step explanation:

EDG gave me.

Answer 2

Research shows local economic growth has been generated from the presence of a professional sports team in multiple ways: the creation of new jobs, increased consumer spending, increased sales in certain market segments, and increased tax revenue.

Step-by-step explanation:

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