Sports Economic Slump May Be Over

If there's one thing the drawn out recession has taught sports executives, it's that the new business model of state-of-the-art arenas, high ticket prices, corporate suites and amenities galore has turned sports into a truly cyclical business, more beholden to the economy than ever.

The economic downturns of the early 1980s and early 1990s didn't knock Major League Baseball attendance down 6.6% or put close to half of NBA clubs into the red, as the current recession has done. Back then, sports was a relatively low-cost diversion that people were slow to cut back on.

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