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-   -   Overextended markets for Pro Sports (http://www.raptorsforum.com/f/f47/overextended-markets-pro-sports-20956.html)

jeffb 08-18-2011 12:30 AM

Overextended markets for Pro Sports
 
Quote:

Denver heads a list of 20 overextended markets, all of which have insufficient income bases to support their existing major-league teams. Complete rankings can be found in the database below.
On Numbers analyzed 85 metropolitan areas in the United States and Canada to determine if they have the financial ability to support professional teams in baseball, football, basketball, hockey and soccer. Click here for the complete methodology.
1 Denver
2 Cleveland
3 Pittsburgh
4 Tampa-St. Petersburg
5 Kansas City
6 Milwaukee
7 St. Louis
8 Phoenix
9 Minneapolis-St. Paul
10 Cincinnati

11 Buffalo
12 Green Bay
13 Detroit
14 New Orleans
15 San Francisco-Oakland
16 Nashville
17 Winnipeg
18 Salt Lake City
19 Charlotte
20 Indianapolis


Denver is most overextended market for professional sports - The Business Journals

fancylad 08-18-2011 10:54 AM

Detroit used to be such a strong and big city in history and now it's really struggling big time. Those teams there have such rich history, but i wonder if any of them feel threatened just given the city's current state.

powerfulpanda 08-18-2011 11:21 AM

wow...i'm surprised phoenix is so high up there. its the 6th largest city in the US with over 1.4 million people and metropolitan of over 4 mill

jeffb 08-18-2011 11:26 AM

Quote:

Originally Posted by powerfulpanda (Post 566164)
wow...i'm surprised phoenix is so high up there. its the 6th largest city in the US with over 1.4 million people and metropolitan of over 4 mill

If it weren't for the Coyotes bleeding money they would at least be lower.

powerfulpanda 08-18-2011 11:27 AM

not sure where you got the list, but the top 10 in the link is different then the one you posted. 11-20 is the same tho

heres the top 10 from the link:

1 Denver
2 Cleveland
3 Pittsburgh
4 Tampa-St. Petersburg
5 Kansas City
6 Milwaukee
7 St. Louis
8 Phoenix
9 Minneapolis-St. Paul
10 Cincinnati

Acie 08-18-2011 11:31 AM

Quote:

Originally Posted by jeffb (Post 566167)
If it weren't for the Coyotes bleeding money they would at least be lower.

Actually, the Cardinals and Diamondbacks are usually both in the lower third of their respective leagues in attendance as well. Phoenix was also hit hard by the economic crisis in 2008 as there had been a major construction boom, but when it hit housing prices plummeted.

jeffb 08-18-2011 11:34 AM

Quote:

Originally Posted by Acie (Post 566169)
Actually, the Cardinals and Diamondbacks are usually both in the lower third of their respective leagues in attendance as well. Phoenix was also hit hard by the economic crisis in 2008 as there had been a major construction boom, but when it hit housing prices plummeted.

Didn't realize that. But aren't the Coyotes bankrupt and essentially owned by the NHL?

Acie 08-18-2011 11:40 AM

Quote:

Originally Posted by jeffb (Post 566172)
Didn't realize that. But aren't the Coyotes bankrupt and essentially owned by the NHL?

Yeah, but that's not what the article is about. It's about the ability of the city to support teams based on the average income, not the viability of the franchises themselves.

For example, the Nuggets were 15th last year in attendance, the Broncos 5th, the Avalanche 24th and the Rockies 12th in their respective leagues. Clearly not the worst major sports city unless based on the article's criteria.

Chiggmo 08-18-2011 09:35 PM

I'm surprised Pit is on there tbh, or at least that high up.

Bill Haverchuck 08-18-2011 11:47 PM

Quote:

Originally Posted by Acie (Post 566175)
Yeah, but that's not what the article is about. It's about the ability of the city to support teams based on the average income, not the viability of the franchises themselves.

For example, the Nuggets were 15th last year in attendance, the Broncos 5th, the Avalanche 24th and the Rockies 12th in their respective leagues. Clearly not the worst major sports city unless based on the article's criteria.

Yeah. Although the methodology might reveal something important in many cases, it won't be applicable to all cities since it appears as though it fails to take unique local factors into account. In many markets, citizens spend considerable amounts of disposable income on leisure activities other than sports. However, in certain cities, there are limited alternatives, so a greater share of the money is available for sports. In addition to that, there are cultural dynamics which can dictate what type of leisure activities people seek out.

powerfulpanda 08-19-2011 11:29 AM

Quote:

Originally Posted by Chiggmo (Post 566314)
I'm surprised Pit is on there tbh, or at least that high up.

Pitt is roughly the size of Vancouver and we only have 1 of the 4 major sports whereas they have 3


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