Orioles Generate $97 Million Economic Impact Regularly
Coconut Telegraph
SRQ DAILY
SATURDAY FEB 24, 2018 |
The economic impact of the Orioles in Sarasota has continued to grow year-over-year to approximately $97 million, according to an independent economic impact analysis commissioned by Sarasota County Government. The annual economic impact delivered to taxpayers and residents results from 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’ $97 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. The Orioles’ annual economic impact result has grown every year with the current impact nearly three times the $35-million impact the Orioles projected in testimony given before the Florida State Senate in 2004 and the Sarasota Board of County Commissioners in 2009, 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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