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

Author

Listed:
  • 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.

Suggested Citation

  • Brad Humphreys & Jane Ruseski, 2008. "The Size and Scope of the Sports Industry in the United States," IASE Conference Papers 0833, International Association of Sports Economists.
  • Handle: RePEc:spe:cpaper:0833
    as

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    File URL: http://web.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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    References listed on IDEAS

    as
    1. 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.
    2. Brown, Robert W, 1993. "An Estimate of the Rent Generated by a Premium College Football Player," Economic Inquiry, Western Economic Association International, vol. 31(4), pages 671-684, October.
    3. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    sports economics;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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