The NFL lockout is expected to cause a lot of economic problems.Yes, the players and owners will lose money because of this standoff. However, Americans all over the country could take an economic hit even if they have never seen one game of football in there life! Sunday NFL football provides business and jobs to more people than you might think. The stadium workers (ticket sellers, beer vendors, concession stand attendants) will all be looking for new jobs this fall if there is no season. And the economic hit goes beyond the stadium. Sports bars, which show NFL games on Sunday might be hearing crickets in their establishment rather than the roar of screaming fans if the lockout is not resolved.
It may effect people that you would never think would be related to the NFL like school bands and churches. In Charlotte, NC, a booster club for a high school band raises money for traveling and other expenses by running a concession stand at Panthers games. They may not be able to travel to competitions next year because that concession stand brings in most of their income. A church in Tennessee may also take an economic hit from the lockout. During Titans games the church collects money by allowing fans to park on their property. The church's average collection from the games is around $30,000 a year. That money will be will truly be missed if the lockout continues.
Indianapolis, which hosts the Super Bowl next year will take the biggest hit of all. This city has had to plan so much to prepare for being the Super Bowl hosts; it isn't easy when the guest list is around 200,000 people for a 4 hour event. Hotels which have been booked solid months in advance will see more reservations cancelations than they have ever seen in their histories. The money that restaurants, shops, bars, and other services would have seen from the tourist inflow will be only a dream if there is no NFL season. It is estimated that the city of Indianapolis will lose $200 million if the lockout is resolved. So if you think the lockout will only affect a bunch of greedy owners and players arguing for more money, you may have to think about all the small business owners and average workers that may lose a lot if there is no NFL season.
It may effect people that you would never think would be related to the NFL like school bands and churches. In Charlotte, NC, a booster club for a high school band raises money for traveling and other expenses by running a concession stand at Panthers games. They may not be able to travel to competitions next year because that concession stand brings in most of their income. A church in Tennessee may also take an economic hit from the lockout. During Titans games the church collects money by allowing fans to park on their property. The church's average collection from the games is around $30,000 a year. That money will be will truly be missed if the lockout continues.
Indianapolis, which hosts the Super Bowl next year will take the biggest hit of all. This city has had to plan so much to prepare for being the Super Bowl hosts; it isn't easy when the guest list is around 200,000 people for a 4 hour event. Hotels which have been booked solid months in advance will see more reservations cancelations than they have ever seen in their histories. The money that restaurants, shops, bars, and other services would have seen from the tourist inflow will be only a dream if there is no NFL season. It is estimated that the city of Indianapolis will lose $200 million if the lockout is resolved. So if you think the lockout will only affect a bunch of greedy owners and players arguing for more money, you may have to think about all the small business owners and average workers that may lose a lot if there is no NFL season.
http://chicago.cbslocal.com/2011/03/09/economy-could-take-hit-with-nfl-lockout/
Source: chicago.cbslocal.com
Source: chicago.cbslocal.com
