Compared to their peers whose families make more than $100,000, children ages 6 through 12 whose family income is under $25,000 are nearly three times as likely to be inactivemeaning they played no sport during the yearand half as likely to play on a team sport even for one day. A spokesperson for Cook did not reply to a Global Sport Matters email request for an interview and has told other news outlets that the mayor will not comment publicly during the bidding process. A sponsor paid the teens $25,000 private-school tuition. This sports lifestyle is crazy, she says. Entering June, Joey Eraces Dallas-area team, the Texas Bombers, was third in the USSSAs 10-and-under baseball power ranking. The numbers have been catnip for investors. All told, sports have much to offer kids, parents and the economy at large, Tell us about yourself, so we can help you take the first step toward joining the Gator Nation, 2023 University of Florida Collective study of economic impact would benefit youth sports My son is special. How do fans and residents see this relationship? Lukes dad Jerry is a logistics coordinator at a printer and copier company. The Impact of Youth Baseball Tournaments | parkhurstfield A 2017 study commissioned by the Hamilton County Sports Authority, a division of the countys tourism department, found that most visitors to Grand Park werent sticking around any longer than the days of their youth tournaments and werent engaging in additional tourism. Others are elite in name only, siphoning expensive participation fees from parents of kids with little hope of making the high school varsity, let alone the pros. You do anything for them.. Baseball is by far the most expensive sport, followed by basketball, ice hockey, football, lacrosse and soccer. window._linkedin_data_partner_ids = window._linkedin_data_partner_ids || []; But the children who are excluded from that frenzy, most of them from lower-income families, suffer more enduring losses. 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. Even during the depths of the Great Recession, revenue for Travel Team USA, a company that books youth-sports travel, continued to double year over year. And the pot is rapidly getting bigger. She loved sports. Melanie plays multiple soccer games most weekends. The Economic Impact of Sports Events - Business Review Worldwide $24.9 billion youth sports markets are poised to achieve significant growth as travel teams become more popular and families learn to enjoy time together during a weekend sporting event. This appears in the September 04, 2017 issue of TIME. Thousands of kids today endure similar material deprivationsome 21 percent of children live in households with incomes below the federal poverty thresholdand many lack athletic opportunities because of it. THE POTENTIAL IMPACT on the $19 billion youth sports industry is even more profound and far-reaching. His private hitting coach, whos charging $100 for this hour-long session, tells Joey to shorten his stride. SI Plays apps now have 17 million monthly unique users. Column: Economic hit from youth sports restrictions grows as California Among richer families, youth sports participation is actually rising. Built with $49 million in public money, the Grand Park youth sports complex in Westfield, Indiana, has been smashingly successful at achieving its stated goal: transforming an anonymous town in the Indianapolis exurbs into a tourism magnet. The 2021 economic impact estimated by the West Michigan Sports Commission was also slightly better than 2019. Planners expected $90 million of overall development in the first four years of the complexs life. Neighborhood Little Leagues, town soccer associations and church basketball squads that bonded kids in a communityand didnt cost as much as a rent checkhave largely lost their luster. Joey Erace is an extreme example of what has become a new reality for Americas aspiring young athletes and their families. He has a real swagger, says Joeys hitting coach, Dan Hennigan, a former minor leaguer. Her parents went to approximately two of her races. Compared to those who dont play sports, students on high-school teams graduate at higher rates, perform better on tests, secure higher grades, and are more apt to aim for college. A lack of reliable data has produced some skepticism among local governments, which arent always quick to buy in. Why massive new youth sports facilities may not lead to the tourist Cook, the citys mayor, promoted Grand Park to a national television audience. He plays just like me, she says. Some kids who dont show talent at a young age are discouraged from ever participating in organized sports. As a business entity, its hard to imagine youth sports, the facilities component, are going to be economic game-changers for anyone, said Michael Hicks, a Ball State University professor and director of the schools Center for Business and Economic Research. As important, they are denied lessons in discipline, teamwork, and resiliencethe very qualities that most parents want for their childrenwhich are often taught in athletics. Want to know the top 15-and-under girls volleyball teams? Parents bond with one another. In 2022, the city projects that it will draw 2.5 million. Sudden vanishing of sports due to coronavirus will cost at least $12 Baseball is by far the most expensive sport, followed by basketball, ice hockey, football, lacrosse and soccer. Naturally, the cost of playing a particular sport depends in large part on what sport is being played. Baseball starts at age 4. With the cost of higher education skyrocketingand athletic-department budgets swellingNCAA schools now hand out $3 billion in scholarships a year. The Positive Economic Impact Of Sports And Sports. Socio-Economic Factors Influence Student-Athlete Identity, Study Finds Healthy workers are more productive and take less sick days [1]. 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. 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. I want to surround him with the best kids from across the country. While land prices and interest rates are currently rising, youth sports complexes are relatively inexpensive when compared to, say, a National Football League stadium. Exactly how much development is debatable. Her parents never went back. Sport programs can be used to reduce stigma and increase social and economic integration of people living with HIV and AIDS [8]. 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.