Over- and Under-Extended Pro-Sports Markets

Arturo Galletti at the Wages of Wins Journal has an interesting analysis of which metro areas are capable of economically handling their pro-sports teams.  He relies on On Numbers' Sports Capacity measure to identify which cities are above and below capacity.  Per their site, On Numbers used, "team revenue data and average ticket prices to calculate the amount of TPI [Total Personal Income] needed to adequately support a team in each league. Minimum income bases were estimated to be $85.4 billion for MLB, $37.6 billion for the NHL, $36.7 billion for the NFL, $34.2 billion for the NBA, and $15.4 billion for MLS."  Without some more details, it is a little difficult to evaluate Galletti's study.  One concern I have without knowing those details is the reliance on Available Personal Income.  Just because cities have the available income to support a team does not mean that they will actually do it.  There is a reason why baseball's Marlins have struggled in Miami and the NFL has been in out of LA for decades: people are spending their disposable income on things other than season tickets.

I am fascinated by pro-sports team relocation stories (contrary to my prediction, it looks like Minnesota is going to keep the Vikings) so I was most interested in his identification of under-extended markets--he focuses on NBA teams.  Here is his list of metro areas that are under-extended and do not already have an NBA team.

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