Interesting article on youth sports. I didn't realize the full extent of the operation. Notable excerpts:
"Lindsey Rector added up the costs as she waited for her son to finish his baseball lesson. That was $60 a week right there. A new bat: $500. His club baseball team in Boynton Beach, Florida, and its three practices a week were $3,000 a year. Out-of-town tournaments cost extra. Last summer, the team traveled to Pigeon Forge, Tennessee. This summer, it will be Cooperstown, New York. She figures she spends at least $8,000 a year on baseball for her 12-year-old son."
"Youth sports has transformed over the past two decades, shifting from low-cost grassroots programs run mostly by local groups toward a high-priced industry filled with club teams, specialized training and travel tournaments staged at gleaming youth sports complexes changes fueled, in part, by private equity and venture capital investment."
"I don't know of one community that isn't thinking about optimizing their parks and recreation assets," said Jason Clement, CEO of the Sports Facilities Companies, which operates roughly 50 properties focused on youth sports tourism. Those facilities can host tournaments 50 weekends a year a big boost to local sales tax and hotel tax revenue."
https://www.msn.com/en-us/sports/general/the-soaring-price-of-youth-sports-50-to-try-out-3-000-to-play/ar-AA1TJN1r
"Lindsey Rector added up the costs as she waited for her son to finish his baseball lesson. That was $60 a week right there. A new bat: $500. His club baseball team in Boynton Beach, Florida, and its three practices a week were $3,000 a year. Out-of-town tournaments cost extra. Last summer, the team traveled to Pigeon Forge, Tennessee. This summer, it will be Cooperstown, New York. She figures she spends at least $8,000 a year on baseball for her 12-year-old son."
"Youth sports has transformed over the past two decades, shifting from low-cost grassroots programs run mostly by local groups toward a high-priced industry filled with club teams, specialized training and travel tournaments staged at gleaming youth sports complexes changes fueled, in part, by private equity and venture capital investment."
"I don't know of one community that isn't thinking about optimizing their parks and recreation assets," said Jason Clement, CEO of the Sports Facilities Companies, which operates roughly 50 properties focused on youth sports tourism. Those facilities can host tournaments 50 weekends a year a big boost to local sales tax and hotel tax revenue."
https://www.msn.com/en-us/sports/general/the-soaring-price-of-youth-sports-50-to-try-out-3-000-to-play/ar-AA1TJN1r