TERMS TO KNOW SPORT MEDIA: Any sporting event or news broadcasting through a media outlet Baseball game broadcasted on the radio SPORTING GOODS: Equipment.

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Presentation transcript:

TERMS TO KNOW SPORT MEDIA: Any sporting event or news broadcasting through a media outlet Baseball game broadcasted on the radio SPORTING GOODS: Equipment and Apparel essentials to the sport event itself Football NON-SPORT EVENT: Any event that does not incorporate sports Plays, concerts, festivals

FINANCIAL/ECONOMIC IMPACT TERMS FISCAL IMPACT: Government Revenue generated from hosting an event Sales Tax, Food-Service Tax, Parking Fees DIRECT IMPACT: Based on expenditure figures multiplied by the number of visitors and nights spent in an area Expenditure * Number of visitors * Nights of event INDIRECT IMPACT: Refers to the direct expenditures per industry applied to the multiplier for that specific industry Direct Expenditures PER INDUSTRY (Food, etc.) TOTAL IMPACT: is made up of direct and indirect impact -- Direct Impact + Indirect Impact