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Economic Impact Olympics

Vancouver Olympic Blitz

  • by Dennis Coates
  • August 12, 2019

Paragraph 4 of this from the Sports Business Daily is priceless.

Can you say substitution effect? Or, as Craig Depken calls this particular example, the "skedaddle effect".

Thanks to Craig for alerting me to this article. Here is what he had to say at Division of Labor.

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Suns versus Grizzlies Suns versus Grizzlies
Governor Gavin Newsom's #FairPaytoPlay Act is a po Governor Gavin Newsom's #FairPaytoPlay Act is a positive step forward to level the playing field for the student athletes who compete under the #NCAA. 
Unfortunately it comes too late as the NCAA now must compete with professional leagues overseas. For instance, high profile basketball prospects like Brandon Jennings, #EmmanuelMudiay, and most recently #LameloBall are opting to play professionally overseas rather than under the NCAA. 
Ball's first game was the most-watched game in Australia's #NBL league history and you can bet he'll benefit from endorsements before he completes his first season. 
The potential consequences in lost revenue for universities is substantial as more of the top prospects are already playing elsewhere. How will the NCAA continue to earn more than one billion dollars in revenue each year when the most exciting athletes already have other options. 
How will this affect each school's athletic programs when each university will need to make difficult budget cuts? If other states can find a way to pass something similar to the Fair Pay to Play Act there is still a chance for the NCAA to attract the top talent and keep a level playing field for all student athletes who compete under the NCAA.
"On the bright morning of Tuesday, October 2, @mi "On the bright morning of Tuesday, October 2, @miamidolphins paid a visit to Alex’s Place.

It was a wonderful gesture by the Dolphins’ players, cheerleaders and T.D., who were present at the occasion. They were all smiles as they met with children who fight cancer every day with an unmatched bravery on par with suiting up for an NFL game on Monday night." - Aspiring Gentleman

#childcancerawareness #communityservice
The @mancity squad practicing before a friendly ma The @mancity squad practicing before a friendly match in Miami.

#mancity #manchestercity #manchester_city #manchestercityfc #sergioaguero #riyadmahrez #benjaminmendy #englandfootball #ukfootball #miamisoccer #miamifootball #hardrockstadium
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