Professional Sports in the Same City

In North America there are four major sports; hockey (NHL), basketball (NBA), football (NFL), and baseball (MLB). Many cities in the United States and Canada have multiple teams in each city, with a prime example of New York where the host two teams of each sport. Although this is great for fans because not everyone follows the same sport, is it good for business?

As seen in St. Louis two weeks ago, when their MLB team the Cardinals, and theirNFL team the Rams, played on the same night, it became evident that the sports entertainment market is not large enough for the two of them to be successful. The Cardinals, who were hosting the Boston Red Sox for game five of the world series, had an average ticket price of $700.36, and nine blocks north of that stadium, the Rams tickets were selling for a mere $21.52, which is a $95.08 decrease from the usual selling price. This effect that the MLB team had on the NFL team is catastrophic for business, and displays that it is hard for two sports teams to call the same city home. The issue stems from a lack of people and demand to fill the large stadiums that sports teams need to fill in order to yield a profit.

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