By Dennis Coates and Brad R. HumphreysECONOMIC DEVELOPMENT POLICY
Volume 23, No. 2
"….the consensus in the academic literature has been that the overall sports environment has no measurable effect on the level of real income in metropolitan areas. Our own research suggests that professional sports may be a drain on local economies rather than an engine of economic growth."
And with regard to convention centers, the net effect might be the same. Click here.