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Wednesday, May 14, 2008

L.A. rakes in big bucks from sports

from this afternoon's Los Angeles Business Journal (5/14):

Sports Put $5 Billion Into L.A. Economy
By DAVID NUSBAUM - 5/14/2008

"The Southern California sporting events industry accounted for $5.1 billion in total economic impact during 2007, according to a study released by the Los Angeles Sports Council. The study showed a 12 percent annual growth compared with 2005, the last year in which it was conducted." ...

"The study focused on 55 local sports organizations including professional teams, major colleges, venues, horse racing tracks and recurring annual events." ...

for the complete story

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