Shiner Bock Girl
10-27-2005, 12:34 PM
Economics Favor San Antonio Saints
LAST UPDATE: 10/26/2005 6:46:01 AM
Posted By: Mandi Bishop
Whether San Antonio should lure the Saints permanently is one question. Whether San Antonio can is another question altogether. The News 4 WOAI Trouble Shooters uncovered economic numbers that make a move to San Antonio look like a no-brainer.
The big question is, and has always been, can San Antonio support an NFL team? Well, New Orleans has, for more than 30 years. So how does our city compare?
The Trouble Shooters analyzed economic data from the U.S. Census to compare San Antonio to New Orleans, pre-Hurricane Katrina. Here are the results:
Population (2003):
New Orleans: 469,032
San Antonio: 1,214,725
*From 2000 to 2003, New Orleans’ population declined 3.2% while San Antonio’s grew 5.5%
Median Household Income (1999):
New Orleans: $27,133
San Antonio: $36,214
Total Number of Firms (1997):
New Orleans: 30,262
San Antonio: 73,970
Media Market Size (2005):
New Orleans: 43rd
San Antonio 37th
All four indicator show that San Antonio has a more favorable economy than New Orleans did prior to the hurricane. So putting the moral questions aside, if New Orleans could support the saints, there’s no reason why San Antonio can’t as well.
However, it is important to understand how the NFL works. In economic terms, the league operates as a "cartel," meaning member teams make all decisions collectively, to minimize competition and maximize their profits. For San Antonio to permanently land the saints, the NFL’s other team owners have to decide the relocation is in their best financial interest. It would take approval from 23 of the other 31 teams.
http://www.woai.com/troubleshooters/story.aspx?content_id=21B3537C-42D1-4237-ACC3-0C80F964901E
LAST UPDATE: 10/26/2005 6:46:01 AM
Posted By: Mandi Bishop
Whether San Antonio should lure the Saints permanently is one question. Whether San Antonio can is another question altogether. The News 4 WOAI Trouble Shooters uncovered economic numbers that make a move to San Antonio look like a no-brainer.
The big question is, and has always been, can San Antonio support an NFL team? Well, New Orleans has, for more than 30 years. So how does our city compare?
The Trouble Shooters analyzed economic data from the U.S. Census to compare San Antonio to New Orleans, pre-Hurricane Katrina. Here are the results:
Population (2003):
New Orleans: 469,032
San Antonio: 1,214,725
*From 2000 to 2003, New Orleans’ population declined 3.2% while San Antonio’s grew 5.5%
Median Household Income (1999):
New Orleans: $27,133
San Antonio: $36,214
Total Number of Firms (1997):
New Orleans: 30,262
San Antonio: 73,970
Media Market Size (2005):
New Orleans: 43rd
San Antonio 37th
All four indicator show that San Antonio has a more favorable economy than New Orleans did prior to the hurricane. So putting the moral questions aside, if New Orleans could support the saints, there’s no reason why San Antonio can’t as well.
However, it is important to understand how the NFL works. In economic terms, the league operates as a "cartel," meaning member teams make all decisions collectively, to minimize competition and maximize their profits. For San Antonio to permanently land the saints, the NFL’s other team owners have to decide the relocation is in their best financial interest. It would take approval from 23 of the other 31 teams.
http://www.woai.com/troubleshooters/story.aspx?content_id=21B3537C-42D1-4237-ACC3-0C80F964901E