Spiraling economy hurting pro, college and prep sports

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The economy (try not to say ‘recession’ too loudly) is starting to have an impact on professional, college and prep sports. You may want to see how tumbling stocks, reduced advertising budgets, and cut state appropriations are going to affect your own university or county sports programs.

Here are three stories on this growing problem.

High school sports are getting hammered just like the auto, insurance, banking – and, seemingly, every other industry, says Orlando Sentinel sports columnist David Whitley.

The poor economy has hit NASCAR and a major cycling event, according to the New York Times.

College administrators are worried that boosters, hurt by a spiraling economy, may abandon university sports programs.

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One Response to “Spiraling economy hurting pro, college and prep sports”

  1. Stephen Says:

    Hi, I recently wrote a few pieces regarding the economic climate and its impact on sports. They can be found here:

    http://www.kansan.com/stories/2008/nov/20/montemayor_athletic_event_sponsorships_steady/?sports – This is about what (if any) impact struggling bowl sponsors are having or will have on the games they sponsor.

    With limited space, I had to elaborate on this issue on my blog on the Kansan’s site at http://www.kansan.com/blogs/full_monty/2008/nov/20/bowl/

    And here is a piece written in Oct. that ponders the future of sports in this economy: http://www.kansan.com/blogs/full_monty/2008/nov/20/bowl/

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