In GCE a new project set afoot. The project was to choose a basketball team and to complete report about them. We were asked to include information on several subjects. One general subject was the team. Which team, how the salaries have grown, arena information, and performance data too. Other data consists of the franchise itself. What has the team done for the community, what relation do they have with politics, and what have they helped with economically.
I chose the WNBA Chicago Sky, why? A women's basketball team that's local to me. The team is also interesting as their attendance and values rocket up at some point in time. The true point of this project is to debate whether or not the team is worth having in the city, like if the Bulls are worth having as a Chicago basketball team.
https://s3.amazonaws.com/easel.ly/all_easels/194863/WNBAskyinfograph/image.jpg |
As the infographic above displays, the WNBA Sky have proven to be beneficial towards us. Chicago already has famous landmarks & teams, but with another basketball team attracting tourism, the city is likely to gain a large profit out of them. With this reasoning, it's easy to find that having the Chicago Sky is truly worth it, though the expenses of the stadium are unknown, with one weighing in at only 7,000 seats, can most likely not be more than $25 million. When multiplying ticket prices and attendance together, the sum will vary between 50k & 100k, but also multiplying the number of games in a season (82) you get the variants of 4.1 million - 8.2 million. Then once again multiply the past 6 years they've been around, you receive $24,600,000-$49,200,000. That well enough, covered the costs of the team. The math states just how much the Chicago Sky is "worth it", which in this case is very.
infographic by VG on https://s3.amazonaws.com/easel.ly/all_easels/194863/WNBAskyinfograph/image.jpg
information displayed from www.wnba.com/sky/
attendance statistics cited from http://en.wikipedia.org/wiki/Chicago_Sky
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