Quote:
Originally Posted by Weitz
I don't think the season ticket money is really the money they refer to though is it? Its the money you spend outside the stadium on game nights. I'm guessing if people go from having tickets to not having season tickets they are still going to go out and spend that money at restaurants and other activities. They are not just going to be hermits. They will put their 10k in the bank or travel or whatever.
The season ticket money doesn't really support the local economy in that sense though.
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But I would counter that STHs aren't going to the movies 41 times. Even if we're only talking about the money spent 'around the game', the same things apply. If not for the tickets getting me out 41 times (or whatever), and thus going to dinner beforehand, or for a drink afterwards, that money is not being reallocated in other local events, for the most part.
I think a similar case can be made for concerts. If your favourite band doesn't come to your city, you don't go bowling instead, you go to another city to see them (if you're able).
Obviously everyone is different. And different people make different choices. But aggregately, to suggest that everyone is just going to spend that money down the street at the next establishment, is too flimsy of a conclusion to warrants the economic statement that there are no benefits to an arena.