Growth of Sports Industry The sports industry generates estimates of 213 to 350 billion dollars per year in revenues. As ESPN founder Bill Rasmussen points out, The games are better, and well he athletes are just amazing and it all happens 24 hours a day. America's sports fans are insatiable Attendance is increasing The NFL experienced a record number of fans in the 1999 season(15, 710, 970) The NBA 1999-2000 season also produced a small increase(1%)for the nBa MLB reached 20 million fans faster than any other year in history and attendance increased again(3%) NhL continues to grow in attendance and popularity. tracing average attendance over the past few years, regular season numbers have increased from 14, 749(93 94)to16,359(9900) NASCAR had 11 million people attend its events in 1999 Sports Sponsorship spending Exceeds $I Billion Dollar Mark New Leagues(AF2, XFL, WPFL, WSA, WNHL) 文Growth of Sports Industry • The sports industry generates estimates of 213 to 350 billion dollars per year in revenues. As ESPN founder Bill Rasmussen points out, “The games are better, and well the athletes are just amazing and it all happens 24 hours a day. America’s sports fans are insatiable.” • Attendance is increasing: – The NFL experienced a record number of fans in the 1999 season (15,710,970) – The NBA 1999-2000 season also produced a small increase (1%) for the NBA – MLB reached 20 million fans faster than any other year in history and attendance increased again (3%) – NHL continues to grow in attendance and popularity. Tracing average attendance over the past few years, regular season numbers have increased from 14, 749 (‘93- ’94) to 16,359 (‘99-’00) – NASCAR had 11 million people attend its events in 1999 • Sports Sponsorship Spending Exceeds $1 Billion Dollar Mark • New Leagues (AF2, XFL, WPFL, WSA, WNHL)