Truth & Rumors > NBA

Lost season no great loss for local economies

Views
5513
Comments
1158

08:08 AM ET 10.06 | Those with money in the fight often suggest how much cities stand to lose during work stoppages. With the start of the season a month away, we've already seen predictions of a "devastating" impact on Charlotte, N.C., businesses, a $55 million loss to the city of Indianapolis, and certain disaster for sports bars in Portland, Ore. This kind of reporting is a staple of sports work stoppages, and it's easy to see why. Idle turnstiles and shuttered souvenir stands are obvious indicators of lost economic activity. ... The problem with these stories is that there's no evidence to support any of their claims. The lost city revenues, the devastation for local businesses -- none of it ever happens.

Slate

Roy Hibbert, Getty Images Roy Hibbert, Getty Images
Comment #1 has been removed
Comment #2 has been removed
October 6, 2011  08:38 AM ET

So does this mean that NY'rs will NOT collapse into anarchy with riots in the streets and massive lines at soup kitchens because the Knicks won't be able to take their money and finish in last place this year?

Oh Please. If the NBA doesn't play this year the world will keep on turning. I could care less if any NBA players, owners or employees ends up at the unemployment office.

People will still go out to eat at restaurants, The MSG employees will still have other games and events to keep them busy. Souvenir stands have stuff from other teams and sports to sell...

No one will even notice they're gone.

October 6, 2011  08:41 AM ET
QUOTE(#1):

no bums selling fake tshirts (though they just come on this site), etc

Lol... Speaking of which where are those spammers today?

October 6, 2011  08:44 AM ET

On a different note both owners and players will get a reality check once they experience diminishing returns when they get their affairs in order and the season starts when ever that is...

October 6, 2011  08:53 AM ET
QUOTE(#1):

I mean is this witer on drugs or just stupid?Whatever you believe about the labor dispute......I thinl we all can agree that no games equals a MAJOR hit to the peripheral economy......no one going into town and spending $, no sidewalk pretzels, no bums selling fake tshirts (though they just come on this site), etc

Hate to break this to you JGB... but you are completely wrong.

Read the article. The writers most definitely are not on drugs.

But a lot of drug dealers will actually have more customers and more money... just like a lot of other local business will also. Because people still spend their money. No harm done to anyone Not DIRECTLY associated with the NBA...and no one cares about them.

Comment #8 has been removed
October 6, 2011  09:02 AM ET

This has got to be the most nonsense post I seen in a while. The nice hotels dont get the visiting team players, people who work in the arenas wont be working and that is alot of people right there. restaurants and bars wont have their patrons, and they will start laying off staff too, or the people there will not get the tips they normally will recieve. etc. etc. etc. Such nonsense.

October 6, 2011  09:12 AM ET
QUOTE(#9):

This has got to be the most nonsense post I seen in a while. The nice hotels dont get the visiting team players, people who work in the arenas wont be working and that is alot of people right there. restaurants and bars wont have their patrons, and they will start laying off staff too, or the people there will not get the tips they normally will recieve. etc. etc. etc. Such nonsense.

Another guy that doesn't bother to read ... The nice rooms in the nice hotels will be rented to other nice people. They won't sit there empty.

There are 41 home games... there are 365 days a year. What? Do you think the arenas only make their money from those 41 home games? There are lots of events.... concerts, ice shows, Circus... that will just have a much better selection of dates to chose from now.

People will still go out and eat. NO bars or restaurants will be closing just because the Celtics aren't playing.

READ the story. It has a lot of facts to back up the claim.

October 6, 2011  09:15 AM ET

I hope some middle class families QUIT spending money on meaningless games, NBA Online or the expensive shoes/Tshirts, and put that money for a training program, or kids school fund or emergency healthcare funds etc.
The players will be just fine, so will the owners. There may be some marginal impact to fringe employees that get paid event-to-event, but then again usually there are other events to cater to at the arenas. But to say that there will be a catastrophic damage because of a lost season is ludicrous. VERY few will even notice!!!

October 6, 2011  09:16 AM ET

Another interesting point of the article is that in some cases cities actually make more money when the local sports teams go out on strike.

"During the 1994 baseball strike, the Canadian Broadcasting Corporation surveyed Toronto businesses on how the sudden disappearance of the then-World Series champion Blue Jays was affecting local businesses. It found that some of them were doing just fine, indeed, with video stores reporting a particular boom in rentals. As one Toronto comedy club owner quipped, "We really think it'd be in the best interest of the entertainment community in Toronto if the hockey players sat out the whole season, too."

In fact, there are some indications that losing games to a labor dispute could be good for a local economy. Humphreys and Coates found that per-capita income actually increased during sports work stoppages, albeit by a fraction of a percentage point: 0.38 percent for baseball strikes and 0.17 percent for football."

But don't let the facts stand in your way of mourning the fact that guys like LBNique might lose a few millions and MY GOD that would be a real travesty!!!

October 6, 2011  09:18 AM ET
QUOTE(#11):

I hope some middle class families QUIT spending money on meaningless games, NBA Online or the expensive shoes/Tshirts, and put that money for a training program, or kids school fund or emergency healthcare funds etc.The players will be just fine, so will the owners. There may be some marginal impact to fringe employees that get paid event-to-event, but then again usually there are other events to cater to at the arenas. But to say that there will be a catastrophic damage because of a lost season is ludicrous. VERY few will even notice!!!

I love my Celtics and watch as often as I get the chance but really. I can live without them for a year or two.

This insane greed... on both sides... has to be checked somehow.

October 6, 2011  09:18 AM ET

Just A Drop In The Buckets, Bros.

Comment #15 has been removed
Comment #16 has been removed
October 6, 2011  09:22 AM ET
QUOTE(#15):

I dont get the dig at the knicks.......but it will certainly be enjoyable watching our 2 teams flip flop over the next few seasons..........rebuilding will be rough for you guys

Morning M3...

Sorry... I was just thinking of the largest city I could at the time. I don't think the Big Apple will suddenly become a shanty town if the Knicks can't play is all.

Comment #18 has been removed
Comment #19 has been removed
Comment #20 has been removed
 
October 6, 2011  09:27 AM ET
QUOTE(#18):

IMO ...the greed comes from players that made 57% of all basketball revenue in the last cba, and now will not accept a 50/50 split as apparently 20 teams lose money....the players are in the process of killing the goose that lays the golden eggs

The players are as stupid as they come. And they are about as organized as a Heat defense.


I'm rooting for the entire season to be canceled... and I wouldn't care much if it extended into next season too.

Comment

Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.


Truth & Rumors

MOST POPULAR

  1. 1
    Irving: Fans don't deserve the Cavs
    Views
    8139
    Comments
    680
  2. 2
    Red Sox dodged two injury scares
    Views
    2955
    Comments
    495
  3. 3
    Trump taking a legit run at the Bills
    Views
    2263
    Comments
    106
  4. 4
    Why the Raiders have lost 111 of 160 games
    Views
    6195
    Comments
    66
  5. 5
    Bruins can't count on shut-down D
    Views
    1640
    Comments
    60

SI.com

SI Photos