Sports $$ take dip

L.A.-area sporting event revenues fell 18 percent in 2009 compared with two years earlier, as attendance declined and ticket prices fell. All told, direct revenue totaled $1.7 billion, down from $2.1 billion in 2007, according to a study sponsored by the L.A. Sports Council and the L.A. Area Chamber of Commerce. There is no team-by-team breakout, so the results are not all that useful. Still, they do point to the impact of the recession on sporting events.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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