Minor League Baseball and Local Economic Development

Minor League Baseball and Local Economic Development

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Sport, including minor league baseball, is an object of public policy. Communities can exploit it to promote economic and social well-being, but not without risk. Drawing on case studies of fifteen locales including Fresno, Birmingham, Durham, Buffalo, Indianapolis, and Colorado Springs, Arthur Johnson systematically analyzes the political process by which communities decide to invest in stadiums for minor league baseball teams. He explores such factors as the presence or absence of a development strategy as a guide in decision making, and the value to a community of a minor league team and its stadium. Johnson also describes the dynamics of minor league baseball franchise relocation, the importance of intergovernmental relations to stadium financing, and the organization and business of minor league baseball, including its formal relationship with major league baseball.The citya#39;s stadium ownership goes back twenty-two years, when the private owner died and the Indians owners convinced ... 1 think our yearly lease rent was 25 or 30 thousand dollars during those early years. ... This, however, does not include debt retirement or indirect costs for maintenance and administrative overhead.

Title:Minor League Baseball and Local Economic Development
Author:Arthur T. Johnson
Publisher:University of Illinois Press - 1995


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