Click me
Transcript

The Economy of Youth Sports

THE ECONO MY OF YOUTH SPORTS YOUTH SPORTS PARTICIPATION: 30-45 MILLION CHILDREN AGES 6 TO 18 PLAY ORGANIZED SPORTS IN THE UNITED STATES 20 MILLION 25 MILLION - IN ORGANIZED OUT-OF-SCHOOL SPORTS – IN COMPETITIVE SCHOOL SPORTS 53 MILLION TRAVELING ATHLETES PARTICIPATE IN YOUTH SPORTING EVENTS A 2013 SURVEY BY THE SPORTS AND FITNESS INDUSTRY ASSOCIATION AND THE PHYSICAL ACTIVITY COUNCIL FOUND THAT PARTICIPATION BY PLAYERS AGED 6-18 IN ORGANIZED BASKETBALL FELL 8.3%, FROM 7.59 MILLION IN 2008 TO 6.95 MILLION IN 2012 COST OF YOUTH SPORTS $5 BILLION: $671 ESTIMATED ANNUAL COST OF YOUTH SPORTS EQUIPMENT AND PARTICIPATION IN AMERICA THE AVERAGE AMOUNT PARENTS SPEND ANNUALLY ON SPORTS-RELATED ACTIVITIES THE TYPES OF COSTS ASSOCIATED WITH STARTING A YOUTH SPORTS TEAM ARE - USE OF PRACTICE FACILITY - INCORPORATING THE TEAM - MEDICAL INSURANCE - REGISTERING THE TEAM WITH A LEAGUE/ASSOCIATION - REGISTERING THE PLAYERS WITH A LEAGUE/ASSOCIATION - TOURNAMENT FEES • PAYING THE COACHES · EQUIPMENT - FIRST AID KIT AND OTHER MISCELLANEOUS ITEMS • UNIFORMS PAY-TO-PLAY PAY-TO-PLAY PROGRAMS ARE INCREASING AMONG MIDDLE/HIGH SCHOOL PROGRAMS. THESE PROGRAMS CHARGE PARENTS A FLAT RATE FEE FOR THEIR CHILD TO PARTICIPATE IN SCHOOL SPORTS $381 THE AVERAGE COST FOR A CHILD'S SPORTS PARTICIPATION IN ONE S SPORT FOR ONE SEASON 54.1% OF PARENTS PAY AN EXTRA FEE FOR THEIR CHILD'S SCHOOL SPORTS EQUIPMENT I EXPECTED NATIONWIDE SPENDING IN 2014 BASKETBALL LACROSSE ICE HOCKEY $305 MILLION FROM $281 MILLION IN 2013 $105 MILLION $247 MILLION FROM $99 MILLION IN 2013 FROM $235 MILLION IN 2013 BASEBALL SOCCER FOOTBALL S619 MILLION $90 MILLION $135 MILLION FROM $593 MILLION IN 2013 FROM $87 MILLION IN 2013 FROM Ș134 MILLION IN 2013 MEDICAL EXPENSES SPRAINS AND STRAINS, FRACTURES, CONTUSIONS, ABRASIONS AND CONCUSSIONS TOP THE LIST OF SPORTS-RELATED ER DIAGNOSES FOR KIDS 6 TO 19 $935 MILLION TOTAL COST ANNUALLY AMONG ADOLESCENTS BETWEEN THE AGES OF 10 AND 19 YEARS, THE ESTIMATED AVERAGE CHARGE FOR A LEG FRACTURE WAS ABOUT $4,700 ECONOMIC IMPACT OF YOUTH SPORTS YOUTH SPORTS TOURISM » $7 BILLION TRAVELING YOUTH ATHLETES AND THEIR FAMILIES GENERATED ECONOMIC IMPACT (TRAVEL EXPENSE ONLY) $985 EACH NON-LOCAL FAMILY SPENT ATTENDING THE TRAVERSE CITY TOURNAMENTS ON ACCOMMODATIONS, RESTAURANT MEALS, GROCERIES, CONCESSIONS OR OTHER FOOD, FUEL, AND OTHER THINGS ONE OF THE BIGGEST AREAS OF DIRECT SPENDING DURING TOURNAMENTS IS FOR ACCOMMODATIONS TRAVEL SPORTS HELP BRING NEW PEOPLE TO A REGION, AND THEY OFTEN COME BACK FOR MORE 74.2% OF ATTENDEES RECOMMENDED THE CITY TO FRIENDS OR FAMILY TRAVERSE CITY 58.6% RETURNED FOR AN OVERNIGHT VISIT/VACATION 18.5% CONSIDERED PURCHASING A SECOND HOME IN THE AREA YOUTH SPORTS FACILITIES » BLAINE, MINNESOTA THE NATIONAL SPORTS CENTER OPENED IN 1990 AND IS CONSIDERED THE MODEL FOR MOST OTHER YOUTH SPORTS FACILITIES SINCE THEN. IT'S THE WORLD'S LARGEST AMATEUR SPORTS AND MEETING FACILITY KINGSPORT, TENNESSEE THE MODEL CITY, AS IT'S CALLED, HAS HOSTED YOUTH SPORTING EVENTS SINCE 1989 BRANSON, MISSOURI AS OF MAY 2014, THE BRANSON PLANNING & ZONING COMMISSION APPROVED A SPECIAL PERMIT FOR A $24 MILLION YOUTH BASEBALL COMPLEX CONTAINING 16 BASEBALL FIELDS, SOME OF WHICH WILL BE REPLICAS OF FAMOUS STADIUMS CARMEL, INDIANA AS OF SEPTEMBER 2014, DEVELOPER PAUL SKJODT HAS SECURED AN OPTION ON 92 ACRES FOR A $25 MILLION MULTI-USE SPORTS COMPLEX GREENVILLE, SOUTH CAROLINA GREENVILLE COUNTY RECREATION SITES HOST AN AVERAGE OF 75 TO 100 TOURNAMENTS EVERY YEAR. VISITORS SPEND $10 MILLION ANNUALLY ON HOTELS, FOOD AND GAS UF ONLINE UNIVERSITY of FLORIDA ufonline.ufl.edu SOURCES: http:/www.cnbc.com/id/10192987 1#. http://www.cnbc.comid/101326773#. http://www.ncaa.orglsites/defauitfiles/Probability-of-going-pro-methodology_Update2013.pdf http://www.huffingtonpost.com/visualnewscom/high-cost-of-youth-sports_b_3469012 html http://wwww.prweb.com/releases/2013/11/prweb11362598.htm http://www.northjersey.com/sports/footbalgen-ridge-youth-footbal-practices-also-indude-concussion-prevention-1.1095818 http://www.myfoxtampabay.com/story/26642690lavoid-the-fall-sports-injury-trap http:Waspe.hhs.gov/health/reports/2014/Sportsinjuriesib_Sportslnjuries pof http://www.safekids.org/sites/defaultfiles/documents/ResearchReports/skw_sports_study_2014_8-11-14.pd http://www.aspenprojectplay.orgthe-facts http:/kidsplayusafoundation.org/overview-and-cost-of-youth-sports http://wwww.yougoprobasebal.com/how-to-start-a-travel-basebal-team.html http://www.forbes.com/sites/bobcook/2014/05/12/7-bilion-reasons-why-the-youth-sports-stadium-game-shows-no-sign-of-ending/ http:/tcchamber.orgwp-contentuploads/2012/10YouthSportsReport pdf http://www.timesnews.net/artide/9085811lyouth-sports-could-have-10-milion-impact-in-model-city-in-2013 http://bransontrilakesnews.com/news_free/article_96664dda-d7c8-11e3-b27-0019bb29634.html http://www.faqs.orgtax-exempt/MNINational-Sports-Center-Foundation.html http://www.startribune.com/sports/162011455.html http://www.guidestar.org/organizations/41-1646516/national-sports-center-foundation.aspx#financials http://www.forbes.comsites/bobcook/2012/04/11/national-sports-center-king-of-youth-sports-complexes-looks-at-adding-basebal-fields/ http://www.ibj.com/skjodt-plotting-25-milion-sports-complex/PARAMSlarticle/49590 http:/online.wsj.com/news/artides/SB10001424052702303519404579350892629229918 http://www.espn.go.com/pd/2013/1113/espn_ot_sportereport.pdf http://wwww.greenvilleonline.com/story/newslocal/2014/09/08lyouth-sports-tourism-pours-milions-upstate-economy/15307353

The Economy of Youth Sports

shared by andrewdeen on Aug 18
51 views
0 shares
0 comments
The infographic aims to give individuals a glimpse into sports related expenses. While obvious expenses such as equipment and uniforms are included, there are also other related expenses shown that mo...

Category

Sports
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size