economic impact of youth sports

In the citys original development plan, Grand Park itself would represent only 16 percent of an area that would also include retail, hotels, sports and recreation mixed use, a corporate campus, a life science campus, schools, and residential units. In 2012, entrepreneur Fliegel launched CoachUp, an app that connects young athletes with coaches. For example, this year's World Cup is the most expensive in history. The cost of the most popular sports activities for young people has steadily risen over the course of the last year. Last modified October 25, 2021 A year later, a private developer built the Mid-America Sports Complex in Shawnee, Kansas; subsequent financial trouble led the Johnson County parks department to take over the 10-field baseball and softball venue, which it continues to operate. This 2019 study has 296 pages, 130 tables and figures. I want to surround him with the best kids from across the country. They snapped a picture instead. Concern about the kids sports frenzy often fixates on the costs to children who do too much: the burnout and physical exhaustion, the bodies battered from overuse, the loss of unscheduled free time. Melanie plays multiple soccer games most weekends. But even their efforts have limitations inherent in operating Grand Park as a municipality. [divider] "Parents will spend about $7 billion this year on just the traveling involved with youth sports." Kuebler was the first person to notice me, to see something in me, Castles said. Cities that have noteworthy sports facilities for children and young people include Blaine, Minnesota; Kingsport, Tennessee; Branson, Missouri; Carmel, Indiana and Greenville, South Carolina. Youth Soccer $649.87 3 $216.62 2 $206.45 1 $206.45 2 Youth Softball $828.94 4 $207.24 4 $199.95 1 $199.95 3 . In 2022, the city projects that it will draw 2.5 million. You can see it from the skyline: Sport is a dominant part of any community where it is played. Lukes mom Nalone cooks for a food truck. And what is the ideal role sports organizations should play in a community? Once a platform is in place, the organization of travel teams is facilitated.Market growth comes from increased benefits of organization in youth sports leagues. Thats when college scouts start looking at me. ), Related: How High Costs and Low Representation Prevent Black Youth From Playing Baseball. His private hitting coach, whos charging $100 for this hour-long session, tells Joey to shorten his stride. Across the U.S., the rise in travel teams has led to the kind of facilities arms race once reserved for big colleges and the pros. Seventy percent of kids leave sports entirely by age 13. A survey commissioned by the Sports Events & Tourism Association, which represents the sports . In a survey of 296 NCAA Division I male and female athletes, UCLA researchers discovered that 88% played an average of two to three sports as children. You feel it a little more. Sports participation is also correlated with happier families, better physical and emotional health, and an overall higher quality of life, including less drug and tobacco use in high school. While these figures seem quite large, it is important to bear in mind that there are other expenses related to allowing children to play organized sports either in school or out of school. Little League participation, for example, is down 20% from its turn-of-the-century peak. The developers behind the park, Oak View Group and Legacy Sports Group, are considering a similar, $350 million project outside Nashville. Even as the recent surge of COVID-19 cases from new variants has led to increased lockdowns around . Sports are an essential and important aspect of American society; they are indispensible when it comes to their impact on a plethora of public arenas, including economics and the mass media. Mr. 4 Pages. This summer, 10 boys from across the U.S. stayed with host families in order to play for a St. Louisbased travel baseball club. The 220-acre venue allows Disney to collect revenue from tournament fees, hotel stays and theme-park tickets, while giving it another way to win the heartsand future walletsof its youngest customers. Westfield originally estimated that Grand Park a sprawling, 400-acre youth sports complex about four times the size of Vatican City that opened in 2014 would draw 500,000 visitors annually. Every team, every sport has appeal and as there is more leisure, as the economy spins out more and more wealth at the top of the economic scale, there will be more spending on sports. The youth sports industry increased by 55% from 2010 to 2017, and now constitutes a $19 billion market . Sometime this winter, the Sports KingDome, a facility with 347,000 sq. The gym teacher, Ken Kuebler, would allow Castles to make use of the gym before classes started while he readied for the day. Travel teams and tournaments are in vogue. That gives you some prestige, says Cook. Meanwhile, the area around the complex, which was supposed to be filled with businesses drafting off visiting families, remains mostly undeveloped. They also have shown interest in Grand Park. With the cost of higher education skyrocketingand athletic-department budgets swellingNCAA schools now hand out $3 billion in scholarships a year. The U.S. youth-sports economywhich includes everything from travel to private coaching to apps that organize leagues and livestream gamesis now a $15.3 billion market, according to WinterGreen Research, a private firm that tracks the industry. Sign up today for your free Reader Account. His parents have used GoFundMe to help pay for the travel. ft. of indoor spaceenough to fit a dozen multisport fields, or six Little League baseball fieldsis slated to open on the site of a former IBM campus in East Fishkill, N.Y., some 70 miles north of New York City. Card already has expressed interest in Westfields request to sell or create a partnership for Grand Park. A sponsor paid the teens $25,000 private-school tuition. Additional major findings in the 2021 State of the Industry Report include: The average number of sports played by children ages 6 to 17 has dipped for three straight years, according to the Sports & Fitness Industry Association. Youth sports also have a major financial impact. And despite the well-documented advantages of athletics participation, its unclear whether the loose coalition of businesses, community organizations, and nonprofits that are working to ensure all children have access to sports have the resources or clout to make it happen. Food was often scarce at her home, according to Castles, but she avoided using the free-lunch tickets that were such visible signs of poverty. Boxing gymnasiums, youth employment and economic devt. We have to take a step back and keep asking ourselves, Whats the end goal?, This parenting experience is new, given that the hypercharged kids sports scene didnt exist on this scale just a few years ago. The change is caused by activity involving the acquisition, operation, development, and use of sport facilities and services (Lieber & Alton, 1983). THE POTENTIAL IMPACT on the $19 billion youth sports industry is even more profound and far-reaching. Other Related Expenses In professional sports, this is an old and familiar story: Buoyed by promises of more jobs, higher tax revenues, and local economic development, states and cities invest millions and billions of dollars into stadiums, arenas, and ballparks. Working with the Hamilton County Convention and Visitors Bureau, Westfield initially considered building a 9,000-seat minor-league baseball stadium. It's estimated that at least 35 million kids between 5 and 18 currently play an organized sport each year in the U.S. Of that, 21 million are involved in nonschool youth sports, which have been . Although such programs are certainly improving kids lives, theyre a drop in a bucket compared to the scale of the problem, said Hyman, the author of Until It Hurts. Bachelor Parties Are Also the Scourge of Millennial Wallets, How Black Filmmakers Are Reclaiming Their History Onscreen. If someone is willing to pay $200 million, throw in my house with it, Patton said. Many leagues have adopted creative solutions to overcome health and safety challenges. There may be no single factor driving the professionalization of youth sports more than the dream of free college. According to the leader of the market research team that prepared the study; Vendors are making acquisitions to upgrade software so it is able to provide a wide range of capabilities. From a lack of participation to emotional and physical abuse scandals, youth sports in the United States face many challenges. First, youth sports seemed like a durable investment: Even in the teeth of the Great Recession, American parents were moving heaven and earth and money from their checking and credit card accounts to keep their kids in extracurricular activities. Playing sports is not an inexpensive activity. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Now 46, she runs about 80 miles a week. Still, the hardship was difficult to hide. The typical. Blue Stars logo bears a not-coincidental resemblance to the one seen on national TV every Sunday, and the companys conference room has a view of the Jones family boardroom. Think again. Many gathered at the Aspen Institutes Project Play Summit in September to share their ideas. Blaine is home to the National Sports Center, which is widely viewed as a model for other sports facilities for youngsters throughout the country. It is now.. 7. Youth Team, League, and Tournament Sports Market Shares and Forecasts2.1 Youth Team, League, and Tournament Sports Market Driving Forces2.1.1 Six in Ten Children Ages 6-12 Regularly Participate in Team Sports in the US2.1.2 Youth League Sports Market Dynamics2.1.3 Innovation Is Core to the Market Growth of Youth Sports Organizations2.1.4 Backyard Sports2.1.5 Movement Toward Travel Teams2.1.6 Linking to Team Sponsors2.1.7 Youth League Sports Market Growth Development Programs2.1.8 Youth League Sports Software Functions2.1.9 Protecting the Money Collected for a Youth Sports League2.1.10 Team Sports Financial Reporting2.1.11 Youth Team Sports Acquisitions2.1.12 Youth League Sports Apps Model Market Factors2.1.13 Applications2.2 Youth League Sports Market Shares2.2.1 Youth Sports Team, League, and Tournament Software Market2.2.2 Stack Sports2.2.3 Comcast / NBC Universal / SportsEngine2.2.4 Active Network / Active Sports2.2.5 Hudl2.2.6 TeamSnap2.3 Youth Team, League, and Tournament Facilities Market including High School, College, Market Shares, Number Field Rentals2.3.1 Youth Team, League, and Tournament Sports Software Number Employees vs. Revenue Analysis, Number Employees, Dollars per Employee2.3.2 Youth Sports Athletic Footwear, Apparel and Equipment Market Shares2.3.3 Youth Sports Team, League, and Tournament Facilities Consultants Market Shares2.3.4 Youth Sports Team, League, and Tournament Hotels and Motels Market Shares, Dollars, Worldwide, 20162.4 Segments of Youth Team, League, and Tournament Sports2.4.1 Youth Sports League Software, Equipment and Facilities, Game euipment and Apparel2.4.2 Youth Sports Team, League, and Tournament Market Segments2.4.3 Youth Sports Team, League, and Tournament Software: Market2.5 Youth Sports Travel, Field, and Ice Rink2.6 Youth Team, League, and Tournament Sports Market Forecasts2.7 Adult Sports League Participation2.7.1 Youth League Sports Software Regional Market Analysis2.7.2 U.S. Sports Profile2.7.3 Canada2.8 US Youth Sports Regional Analysis by MSA Region2.9 Youth Team Sites Revenue Model2.9.1 Applications2.10 Youth Sports Vendor Software Pricing2.10.1 Stack Sports2.10.2 TeamSnap2.10.3 Active Network2.10.4 Hudl3 Youth League Sports Product Description3.1 Vendors Build Brand with Significant Well-Targeted Demographics3.1.1 Vendors Address Needs of Different Types of Teams3.1.2 Stack Sports Goal Line3.1.3 Stack Sports Strengths3.1.4 Stack Sports Challenges4 Youth and Recreational League Sports Research and Technology4.1 Payment Gateways4.1.1 Payment Processing Solutions for a League4.1.2 Recommended Merchant Broker Authorize.net Gateway4.2 Responsive Web Design4.2.1 Robust Website Structure4.3 Tournament Types4.3.1 Match Day Types4.4 Season Registration & eSport Configuration4.5 Venue4.6 FE management4.6.1 Extra fields4.7 Artificial Intelligence and Software4.8 Nike Open Source Software5 Youth and Recreational League Sports Software Company Profiles5.1 Youth and Recreational League Sports Software Acquisitions5.2 Global Payments / Active Network5.2.1 Active Network5.2.2 Active Network Global Payments5.2.3 Active Network / Active Sports5.2.4 Active Sports Strengths5.2.5 Active Sports Challenges5.2.6 Active Sports Revenue Model5.3 Agile Sports Technologies / Hudl5.3.1 Hudl5.3.2 Hudl Acquisitions5.3.3 Hudl Financing5.3.4 Hudl Partnership with Nike5.4 Amer Sports / Wilson5.5 Aspen Institute5.6 Athletrax / mysportsort5.7 Bauer5.8 Bear Dev5.9 Catapult5.9.1 Catapult Acquisitions5.9.2 Catapult Customers5.10 Coach Logic5.11 Cogran5.12 Comcast / NBC / Sport Engine5.12.1 Comcast Business5.12.2 NBC Sports Group Purchases Sport Ngin5.12.3 NBC Universal / SportsEngine5.12.4 SportsEngine Culture5.13 Dick's5.13.1 Dick's Sporting Goods Revenue5.14 Engage Sports5.15 FiXi Competition Management5.15.1 FiXi Competition Management Revenue Model5.15.2 FiXi Competition Management Features and Functions5.15.3 FiXi Competition Management Customization and League Requirements5.16 HorizonWebRef.com5.16.1 HorizonWebRef.com Revenue Model5.17 InterContinental Hotels Group IHG5.17.1 IHG Strategic Priorities5.17.2 InterContinental Hotels Group IHG's Holiday Inn Express5.17.3 Holiday Inn Express5.18 Jevin5.19 Jonas Software / EZFacility5.19.1 EZFacility Sports Facility & League Software5.19.2 Revenue Model5.19.3 EZFacility Features and Functions5.19.4 EZFacility Target Market5.20 JoomSport5.20.1 JoomSport Revenue Model5.20.2 JoomSport Target Market5.20.3 JoomSport Features5.21 LeagueApps5.21.1 LeagueApps5.21.2 LeagueApps Revenue Model5.21.3 LeagueApps Features and Functions5.21.4 LeagueApps Target Market5.22 LeagueLobster5.23 LeagueRepublic5.23.1 LeagueRepublic Features5.24 Marriott5.25 NBC / SportsEngine5.26 Nike5.26.1 Nike Personal Analytics5.26.2 Nike Partnership with Hudl5.26.3 Nike Revenue5.27 QSTC5.28 RosterBot5.29 SFA Sports Facilities Advisory & Sports Facilities Management5.29.1 SFA Funding Services5.30 Sideline Sports5.30.1 Sideline Sports XPS Network5.30.2 Sideline Sports XPS Network for Coaches5.30.3 Sideline Sports Tools5.31 SIP5.32 Sixgill5.33 Sportlyzer5.33.1 Sportlyzer Team Management Software5.34 SPay / Stack Sports5.34.1 Stack Sports Brand5.34.2 Stack Pay Payment Platform5.34.3 Stack Sports Acquisitions5.34.4 Stack Sports Built Functionality and User Base Through Acquisition5.34.5 Stack Sports Soccer5.34.6 Stack Sports Goal line5.34.7 Stack Sports / Affinity Sports5.34.8 Affinity Sports Concussion Protocols and Product Positioning5.34.9 Stack Sports GamePlan System5.35 Steel Sports2.36 SwimTopia5.36.1 SwimTopia Summer Swim Teams5.36.2 SwimTopia Summer Swim Leagues5.36.3 SwimTopia Revenue Model5.37 Teamer5.38 TeamSideline.com5.38.1 TeamSideline Features5.38.2 TeamSideline Team Sites5.39 TeamSnap5.39.1 22 Million in 2018, Up from 9 Million in 2015, Use TeamSnap:5.40 Under Armour5.41 Vista Equity Partners Fund IV and Vista Equity Partners Fund III / Lanyon5.41.1 Vista Equity Partners / STATS5.41.2 Vista Equity Partners Amisco Prozone ("Prozone")5.41.3 Vista Equity Partners Automated Insights5.41.4 Vista Equity Partners The Sports Network (TSN)5.41.5 Vista Equity Partners Bloomberg Sports5.42 VNN Sports5.43 Wooter5.44 YourTeamOnline5.45 Zebra Technologies Sports Solutions5.45.1 Zebra / NFL Partnership5.46 Zuluru5.46.1 Zuluru Revenue Model5.47 Selected List of Youth Sports Software Companies, For more information about this report visit https://www.researchandmarkets.com/r/34po7o. Practice and tournaments overtake nights and weekends like kudzuSanchez says they often have to skip family weddings and kids birthday parties. The family that goes somewhere once a year is having much more of a vacation than the one with the kid going [to a sports tournament] every other weekend, said Rick Buning, a senior lecturer at the University of Queensland in Australia, who conducted the 2017 study while he taught at Indiana University-Purdue University at Indianapolis. Im a dad.. I love working hard, says Joey Erace, 10, who lives in southern New Jersey but has suited up for baseball teams based in California and Texas. He is, after all, only 10 years old. She loved sports. I can see talent at a young age, Esquivel says. Its definitely taken over everything, says Magali Sanchez, a legal records clerk from San Diego whose daughter Melanie Barcenas, 9, and son Xzavier Barcenas, 8, play travel soccer. Cities and towns are using tax money to build or incentivize play-and-stay mega-complexes, betting that the influx of visitors will lift the local economy. Big-time sports districts used to be the domain of pro organizations. The Economic Impact on the Youth Sports Industry. Organized sports, such as baseball, basketball, football, lacrosse and volleyball not only help youngsters stay in shape, but also learn teach them how to work together as a team. Paul Kieltyka, the president and CEO of the Summit Area YMCA in New Jersey, has seen the impact of elite-team growth on the humbler sports programs offered by the Y. Its something that government and the private sector should be subsidizing, because they all benefit., Aside from acknowledging how much drive she had, Castles cant sort out exactly what moved her to transcend her impoverished upbringing. Constructed with $55 million in state and local funding, the complex is now operated by a foundation that is responsible for all revenue and costs. From a sports and branding standpoint, Westfields investment paid off. Some 41% of children from households earning $100,000 or more have participated in team sports, according to the Sports & Fitness Industry Association. On top of these factors, schools with shrinking budgets are dropping physical education or requiring kids to pay for their school teams. You say to yourself, Am I keeping up? says Rosemary Brewer, a nonprofit executive in Portland, Ore., who has mixed feelings about placing her two sons, 11 and 15, on travel lacrosse teams. All told, the typical parent spends $693 per year, per child on youth sports, but those with children who participate in elite programs (particularly in lacrosse, gymnastics, ice hockey, gymnastics, tennis, and skiing/snowboarding) frequently spend $12,000 per year or more with the bulk of the money going toward travel and team fees, according . ), One of the goals of the Physical Literacy and Lifelong Participation model is producing physical literacy . 950 Words. entertainment, news presenter | 4.8K views, 28 likes, 13 loves, 80 comments, 2 shares, Facebook Watch Videos from GBN Grenada Broadcasting Network: GBN News 28th April 2023 Anchor: Kenroy Baptiste. A $26 million events center was added in 2016, followed by some private sports-related businesses and a privately built indoor basketball center. Maine Shootings: 34-Year-Old Charged With . For better or worse, youth sports is being privatized, says Jordan Fliegel, an entrepreneur who has capitalized on the shift. The income disparity in youth athletics has effects on health and success that stretch far into adulthood. Jewelry and apparel companies have asked him to hawk their stuff. Katherine Sinclair, 12, has played basketball games in Philadelphia and New York City on the same day, but she embraces the grind. Patton also said that he believes Grand Park has helped Westfield increase its tax base. In some places, travel teams have supplanted high school squads as the priority for top players. It has been estimated that the average family spends about $670 per year on sports related activities. Joey Erace is an extreme example of what has become a new reality for Americas aspiring young athletes and their families. Think high school sports are played on a level field? Its not necessarily benefiting the people who live in that community., More broadly, Hicks said that youth sports complexes are most likely to succeed and make the most sense as public investments in areas that are already well-off or are becoming more desirable destinations for new residents. Some studies have shown that amateur sporting events can return significant economic benefits to host communities. If Im going to be investing all this time and money, we might as well win., Still, amid the plane rides, autograph requests and high-pressure tournaments, there are moments when things lurch into perspective. He has a real swagger, says Joeys hitting coach, Dan Hennigan, a former minor leaguer. And the pot is rapidly getting bigger. MORE FOR YOU. We are a purpose driven publication that provides a platform for in-depth insights on a diverse range of sports topics informed by data and research. Among the poorest households, it's trending down. 2023 TIME USA, LLC. Just 34 percent of children from families earning less than $25,000. Turn left upon entering the building and youll find the offices of Blue Star Sports, a firm that has raised more than $200 million since April 2016 to acquire 18 companies that do things like process payments for club teams, offer performance analytics for seventh-grade hoops games and provide digital social platforms for young athletes. And the advantages extend into adulthood: Four out of five female business executives played sports as kids, and women who go on to play sports in college are 25 percent more likely than those who dont to develop political aspirations. And in football, everyones just, yeah your Jamaican kids, Somalian kids, people from Singapore, some Italians. In case after case, however, those benefits fail to materialize. Source: WinterGreen Research In 2018, 2% of domestic leisure trips included participation or attendance in a youth sporting event. They would have gone to more, she says, but after one race another parent scolded them for smoking, blaming them for triggering the asthma attacks that Castles frequently experienced. Wealthy families will not put their kids in Y programs when there are more and more exclusive clubs available in the area, he said. Except for the Y swim team, where the well-to-do continue to enroll, affluent families are increasingly pulling their children from the Ys soccer and basketball leagues and placing them in private clubs, according to Kieltyka; he estimates that 10 to 15 kids have left Y teams over the last few years. Also pushing poorer kids out is the professionalization of kids sports: Time reports that the business of kids sports has grown 55 percent since 2010, and is now a $15.3 billion industry. Across the nation, kids of all skill levels, in virtually every team sport, are getting swept up by a youth-sports economy that increasingly resembles the pros at increasingly early ages. Kingsport has hosted sports competitions for children and young people since 1989 while Branson aims to put itself on the map by building an enormous baseball complex with sixteen large baseball fields. NASC provides an economic impact calculator to its members and, in 2014 with George Washington University, it produced a sports tourism industry report that reported $8.96 billion in total visitor spending nationally (a 3 percent increase from 2013) and 25.65 million sports visitors in that year. Blue Stars investors include Bain Capital; 32 Equity, the investment arm of the NFL; and Cowboys owner Jerry Jones, who leases Blue Star space in his headquarters. Melanie Barcenas, 9, practicing in her San Diego backyard, hopes to follow in the footsteps of the superstar Neymar. Information put out by Westfield for the Grand Park bidding process notes that of the five most-visited outside spots for visitors, four are shopping centers with grocery stores and restaurants. Sport lends itself to economics and game theory because players, coaches and agents act similar to the hypothetical rational decision-makers in economic models. Children sense that the stakes are rising. Event Producers Event Facilities CVB's & Sports Commissions Bombers coach Lale Esquivel, who won the College World Series at the University of Miami in 1999, makes no apologies for running his team like a professional outfit. A football player interviewed by Canadian researchers on his sports experience explained how that social mixing played out on his team: Before football, I had never like had different friends of different races. Grand Park generates $6 million a year for Westfield but by one local politicians estimation is still for the city. The following section examines the potential economic impacts of COVID-19 as it pertains to athlete participation, local athletic facilities, and the affiliated economy. What is more, nearly 60% of parents wind up returning to the city for a vacation while close to 20% of individuals seriously consider buying a second home in the city in question. Here King-Rily is photographed at home on Aug. 2, 2017. Global Sport Matters is the media enterprise brought to you by the Global Sport Institute at Arizona State University. Video images of play will provide better coaching. The travel circuit can also bring people of different backgrounds together in a way that local leagues by definition do not. The Positive Economic Impact Of Sports And Sports. Time Inc., TIMEs parent company, launched Sports Illustrated Play after acquiring three youth-sports-software startups. Concluding that it was, Westfield issued $70 million in bonds to build Grand Park Sports Campus, a 400-acre complex that opened in 2014 and includes 31 grass and synthetic fields for soccer, lacrosse and other field sports, 26 softball and baseball diamonds, and a 370,000-square-foot indoor facility. In a study published in the May issue of American Journal of Sports Medicine, University of Wisconsin researchers found that young athletes who participated in their primary sport for more than eight months in a year were more likely to report overuse injuries. She qualified again at age 40. Most studies on the economic effect of youth sports complexes are funded by local tourism agencies, using "multiplier" assumptions - such as $1 spent by a visitor resulting in, say, $3 moving through a community - to generate results that are difficult to validate. According to figures that WinterGreen provided exclusively to TIME, the nations youth-sports industry has grown by 55% since 2010. We dont cut kids; its a town league! Kieltyka said. Among richer families, youth sports participation is actually rising. In return, playing on my team is going to help your son. A two-tiered system of youth sportsone in which the wealthy play on pricey private clubs and the less well-off are limited to uncompetitive community programsalso undermines one of the. Apps can be used to book hotels and make travel arrangements. They have access to capital that we dont have to make further investments in the facility and, similarly, better ability to more adequately compensate the employees that have developed and operate this profitable business.. As youth sports follows suit behind massive spending from venture capital, youth sports megaprojects can change a community, for better and worse. The boom has given rise to countless entrepreneurial efforts, from new facilities to recruiting sites to private-coaching outfits. The U.S. youth-sports economyincluding travel, equipment, team membership, facility rentals, etc.was a $17 billion market in 2018 and has increased by 55% since 2010. Third, the collapse of housing growth following the financial crisis meant that exurbs such as Westfield needed to work a lot harder to burnish their brands and attract new residents. Dublin, Dec. 26, 2019 (GLOBE NEWSWIRE) -- The "Youth Sports: Market Shares, Strategies and Forecasts, Worldwide, 2019-2026" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering. Earlier this year, Cook announced that the complex was for sale. Professional sports, betting, fantasy teams, semiprofessional teams, and teams just for fun will continue to look for venues and players. There are upsides to the frenzy. Such development might include new restaurants and bars as well as condominium and office space. Economic impact of youth sports amid COVID-19 Hosting elite youth sports tournaments in York County isn't solely an economic decision, said John Taylor, the city of Rock Hill sports,. When parents enter the youth-sports development complex, theyre naive, says sports psychologist Jim Taylor. The direct economic impact of the Hays Sports Complex based on expenditures for hotels, restaurants, groceries, parking, fees, fuel, shopping and cultural activities among athletes and their guests traveling to Hays for tournaments is projected to be $2,368,642.00 per year.

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