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The Size and Scope of the Sports Industry in the United States

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  • Brad Humphreys

    ()
    (University of Alberta)

  • Jane Ruseski

    ()
    (University of Alberta)

Abstract

We estimate the economic scope of the sports industry in the United States. Drawing on a variety of data sources, we investigate the economic size of sport participation, sports viewing, and the supply and demand side of the sports market in the United States. Estimates of the size of the sports industry based on aggregate demand and aggregate supply range from $44 to $73 billion in 2005. In addition, participation in sports and the opportunity time cost of attending sporting events are important, but hard to value, components of the industry.

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File URL: http://college.holycross.edu/RePEc/spe/HumphreysRuseski_SportsIndustry.pdf
File Function: Paper presented at the 10th annual IASE Conference in Gijón, Spain, May 2008
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Bibliographic Info

Paper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0811.

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Length: 38 pages
Date of creation: Aug 2008
Date of revision:
Handle: RePEc:spe:wpaper:0811

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Keywords: sports economics;

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  1. Brown, Robert W, 1993. "An Estimate of the Rent Generated by a Premium College Football Player," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 31(4), pages 671-84, October.
  2. Daniel S. Hamermesh & Harley Frazis & Jay Stewart, 2005. "Data Watch: The American Time Use Survey," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 221-232, Winter.
  3. Alexander, Donald L. & Kern, William & Neill, Jon, 2000. "Valuing the Consumption Benefits from Professional Sports Franchises," Journal of Urban Economics, Elsevier, vol. 48(2), pages 321-337, September.
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