Cubs
What do the Cubs fly above the scoreboard after every game?
White "W" or "L" Flag
Player salary/stats, comparative players' salary/stats, injury history, team standing, and this are the only allowable information to be used in an MLB arbitration hearing
At Florida & Florida State, what sport had a negligible (almost zero) economic impact on the respective college towns?
Men's Basketball
What town are the Bears planning to move to?
Hammond, Indiana
The typical title of this section of an academic paper will tell you HOW the authors conducted their study
Methodology/Methods
What product did William Wrigley Jr. produce to amass his fortune to buy the Cubs?
Gum
How many years are players typically on their rookie contracts before they reach arbitration?
3 years
Term for when a stadium is built and displaces residents who can no longer afford to live in the area.
Gentrification
When accounting for the economic impact from a major event (e.g. all-star game, super bowl, F1 race), name a fan expense who's revenue typically DOES NOT end up in the local economy?
Tickets, also merchandise is an acceptable answer
The typical title of this section of an academic paper will tell you what other relevant studies have been done
Literature Review
What was the originally planned date for the first night game at Wrigley?
8/8/88
Roughly what percentage of arbitration cases are won by the team?
56% (+/- 3%)
A variable that is considered intangible and very difficult to measure when it comes to the value a stadium brings to a city
Civic pride, fan identification, a public good
Hotel rooms
Name 3 non-monetary compensations for college football coaches
Private plane travel, country club memberships, cars, sports tickets, apparel, parking pass
Bleacher Bums
The strategy that many teams use with players to force them into arbitration instead of negotiate a longer-term deal (Hint: it rhymes)
File and trial
Location (typically smaller towns or more rural, less entertainment/employment options)
This economic term is used when discussing money that eventually flows out of a region/state/city that is originally spent there
Leakages
Which university paid a $77 million buyout to their fired football coach, Jimbo Fisher, in 2023?
Texas A&M
What was the original name of Wrigley Field?
Wheegman Park
How many days are equal to 1 full "service" year for arbitration/rookie contract purposes?
172 days
Define "consumer substitution" as it relates to stadiums and the reported impact stadiums have on a local economy
when money is spent at a stadium that likely would've been spent elsewhere in the local economy
Roughly what percentage of NBA players live full-time in the locale of their team?
29% (+/- 5%)
What is the name of the student-run music festival at Northwestern?
dillo day