Determinants of Attendance Dependent Variable: Log of Annual Adjusted Attendance
|Log Stadium Capacity||
|Log Winning Percentage||
|Log Metro Percentage||
The results of this research will help inform officials about the feasibility of using subsidized stadium development as a means of attracting and maintaining sports franchises. For baseball franchises, team ownership of a stadium makes the franchise less likely to move. Cities with publicly owned facilities may want to explore privatization.
The best prospects for cities seeking to attract a new baseball franchise are teams currently playing in public facilities. Even teams that own their own facilities might be attractive if a city has a new facility and the land occupied by the current stadium has a high alternative use. A second consideration would be to identify teams that had poor winning records since they are somewhat more likely to move. That may sound attractive, but it assumes that the objective is to win a team, not just a winning team.
For basketball-seeking cities, the advise is less clear. We do not yet have a useful model of franchise relocation. We know that teams are playing next to capacity. We