Thursday, October 9, 2014

Sports Economics: NFL, MLB, NHL, and the Effects of the Depression- Bleacher Buzz


Sports Economics and effects of the depression




This article is talking about the growth of sports and how they really started to grow. It was talking about how baseball went from just a back yard game to Ruth, Gehrig, Mack, and John McGraw.  In the 1929, a lot changed with sports.  As the economics of sports changed, many found themselves deciding between food and sports and food won.  Teams that had been kings of yesteryear fell to pieces or bankruptcy, as owners found all their other businesses collapsing.

In this article it also talks about how the NFL grew so much. The NFL went from a 12 team league to eight. Now it went to 32 it just shows how much the economy can change. More people are becoming more and more into investing in sports. This is also why the players are getting paid more and more now of days. 




In my opinion sports are the biggest thing  to the people of America. There are more and more people investing and trying to own sports teams. Because they will become known very well and make those huge bucks.

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