Imposing a Tax or Levy to Build a Sport Facility:
As previously mentioned, one of the major concerns that have emerged in the recent past is whether or not a community should impose a levy or tax to pay for bonds for a sport facility that would house a major league professional sport team. Historically, many taxation avenues have been used to pay for the development of a new sport facility. Since these avenues have included the federal, state, and local governments, they have effectively subsidized the professional sport franchises. Nonetheless, the arguments that have been raised in support of the existing tax policies have lost real credibility because actual studies have discredited exacerbated economic claims (Jensen, 2000, p.460).
In determining the most appropriate answer to this concern, several factors should be considered including the socio-political, economic, and finance dimensions as well as the current trends in financing the construction of a sport facility that would house a major league professional team. One of the recent cases that have raised huge concerns among the general public is the current situation in Miami where a major league baseball team, Miami Marlins, had a stadium built with taxpayers' money. This facility was developed on the promise that the team owner would take every measure to put a championship team in the new stadium within one year of the completion of construction. According to claims by ESPN radio, tax payers were hood winked by the owner to pay for the stadium since he is having a firesale of sorts that has forced him to unload all the high-salaried players in attempts to put out a competitive team.
From an economic perspective, the existing economic literature has indicated that public funding of sport facilities does not create positive net economic benefits for the community. These economists have argued that what really happens is that sport facility projects simply divert economic resources from other geographical...
It is important that the sports business would protect its employees, and even help them find work elsewhere. The sports business will also often have number of ties in the community, and these will also need to be unwound. In particular, breaking relationships with charitable organizations is something that will be a challenge for management. However, the business will soon need to move onto the business of liquidating the
The classes are designed to move at the speed and skill of each student. Kids on the move Program This would be a program geared more toward the overweight teen between the ages of 13-18. This will help obese teenagers lose weight and become fit. As kids' fitness instructors, their challenge will be to help children develop active, optimistic standard of living. Assimilating awareness and activity will help persuade these children
Sporting Activities or Gender Perspective Annotated Bibliography McKinney, Scott. "Student-Athletes Bring Billions, But What Are They Getting?" Mississippi Business Journal 22.37 (2000): 25. MasterFILE Premier. Web. 20 June This article focuses on college athletes in relation to their contribution in bringing billions. According to the article, college athletes are crucial to the generation of billions within sporting fields through their talents and efforts. This research paper aims to outline benefits of participation in sporting
Athletic Scholarships Providing scholarships for athletes is one of the best ways to fund athletic programs, because when the athletes are competing for that first scholarship, he or she will be determined to show his or her best athletic abilities to the coaches. One of high schools and colleges highest sources of budget increases is the talent and the physical abilities of the athletes on the athletic teams. However, this is
Professional Student Athletes The Raw Numbers Eligibility Advantages of Sport Research Questions or Research Hypotheses Selection of Subjects Assumptions or Limitations Data Processing and Analysis SUMMARY, CONCLUSIONS, AND RECOMMENDATIONS Questions related to academic priority Questions related to role models Questions related to advantages Implications for Practice Questions related to support and pressure Implications for Practice Implications for Research and Resultant Recommendations High school sports are for some students a fond memory, for other students the golden ticket to the land of opportunity. For most students, it
Sports Bar A partnership firm would be the best choice for Lou and Jose sports bar and restaurant business. To form a partnership, four criteria must be fulfilled: partnership must have two or more persons; the same persons must be caring the business, business must be for profit, and all persons must be co-owners. Lou, Jose, and Miriam will be co-owners for-profit business and Lou and Jose will be caring daily
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