This assignment addresses Course Outcomes 1, 2, and 5. It is a matter of course that the costs of paying for sports in terms of stadiums or athlete salaries and other expenses have skyrocketed over the last four decades. Many scholars and sports analysts at both the college and professional level argue that these costs cannot be justified on strictly economic grounds. These costs are instead an illustration of changes in the broader American society, where “beer and circus” spectator events dominate an ever-changing cultural and economic landscape which rewards and glorifies sport, instead of and perhaps at the expense of other more worthy societal institutions. American scholars and pundits have been debating this subject ever since Babe Ruth famously quipped that he deserved a higher salary than the President: “why not, I had a better year.” (Links to an external site.) Theoreticians often divide over basic questions of public subsidy and expense on “leisure” activities, with economists taking a utilitarian view as to whether, for example, the costs of a stadium subsidy are justified by the overall economic activity generated. Sociologists and political scientists might instead look at the societal and political significance of the stadium or “home town team,” as being most important to assess in terms of public value from the subsidy, while also paying attention to which elites benefit from the deals and how
Your job in this activity will be to evaluate the changing sports economy, the contending views of it and assess its effects on the broader society.
Before beginning this project, please be sure you have thoroughly read and reviewed all of the content of module 5. Pay special attention to the material on sports subsidies and the perversions of societal institutions that come with the costly chase of sporting glory. Then, please write a 750 word essay (approximately 3 pages of double-spaced, 12-point font of text) addressing the following questions. A bibliography should make up an additional page.
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