Tuesday, April 5, 2011
Rangers Are Back
Any persistant followers of baseball know that it was opening weekend this past weekend. And for a team fresh out of the World Series, there couldn't have been a better performance.The Rangers swept the Sox, but that's only part of the buzz. They also brought in record crowds for a first three game series of the season with over 144,000 people. So what does this mean to Arlington's economy? One thing in particular that will please everyone is money. Arlington is the only city with an All-star game, a World Series, and a Superbowl all in one year. That can't do anything but help the economy. And now it's baseball season again. That's not the only hype about Arlington's economy. The Mavericks will also be making the playoffs which is a huge boost. But the Rangers are the talk of everything. This could dramatically improve the economy which is always beneficial when gas prices are as they are. People will be willing to spend money which puts more money into the circular flow. Businesses, and in this case, the franchise of the Texas Rangers will be impacted greatly by that. It's only the beginning of the season and things are looking great for the Rangers, now we just need them to help the economy look great as well. http://http://www.star-telegram.com/2011/04/03/2971539/wins-record-crowds-all-good-for.html#
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5 comments:
Cara, you bring up some great points. I definitely agree with you that the Rangers' success this year will greatly boost Arlington's economy. Along with other Texas sports this same thing is probably going on in other cities and states across the nation. Sports teams are a great contributor to the economies of their respective hosts.
I agree with the both of you. Another example is the NCAA tournament, most people who traveled to see their favorite team play or just to see a game they stayed in that city for a couple of days. The restaurants, hotels, and attractions got a lot more attention than they normally do. But the small towns such as Spokane, Washington (which held the northwest region of the first round of the women's tournament) also had to spend a lot of money to compensate for all the new people and other events going on at the same time. I don't think some of the small cities benefitted from having sport events, but the large cities definately did.
Small cities would bring in more revenue in my opinion. The tickets sales along for the tournament were huge. I know I personally went to one game and we had a spend a lot of money just for two tickets. The NCAA plans all of their games and locations just for the money so I think that right there should tell you that it benefits greatly. Even the small cities because of that uncommon attention that they get.
The sports teams in the DFW region have seriously helped the local economy. With the Rangers at 9-1 and the Mavericks making the playoffs, the local economy will hopefully benefit. If the winning continues, we can hope to see local businesses thrive even in this economy.
I agree with Payne. With the Dallas Cowboys and the Texas Rangers all in arlington it is a major economical boost. They produce millions of dollars in revenue. Not only that but it brings in millions from other cities and even states that everyone can thrive from.
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