Oriole's Generate $89 Million Economic Impact Annually
Coconut Telegraph
SRQ DAILY
SATURDAY FEB 25, 2017 |
According to an independent economic impact analysis commissioned by Sarasota County Government, the Baltimore Orioles generate approximately $89 million in annual economic impact back to taxpayers and residents. This is accomplished through the club’s marketing and promotion of Sarasota tourism to its fan base across seven Mid-Atlantic states combined with the commercial activity and corporate presence of the Orioles’ athletic training headquarters, production of public sporting and other entertainment events, and management of youth sports tournaments and recreational programs. The Orioles’ $89 million economic output is a record for sports tourism creation in Sarasota County, far surpassing any current or past sports facility or private sports operator. This is more than two and a half times the $35 million impact the Orioles originally projected prior to the relocation of the Orioles’ year-round training headquarters, unique tourism marketing, and community sports park concept to Sarasota.
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