Price Chopper Supermarkets-Market 32’s Post

Unsurprisingly, there’s an increase in pickleball demand in the Empire State. But New York has some serious – and expensive – catching up to do. The state will need to build 3,558 courts at a project cost of $124.5 million to keep up with demand over the next 5-7 years, according to The SFIA - Sports & Fitness Industry Association's 2023 report. That’s nearly 3 million square feet, or about 50 football fields. We recently learned from the SFIA that Texas will need to build 2,527 courts at a project cost of $88.5 million to keep up with demand over the next 5-7 years. But at least Texas still has the space for it. Sure, once you get out of the city, New York has some room…but it’s still the Northeast. Property is expensive to buy and expensive to develop. Regardless, New York needs to kickstart its pickleball investment if it wants to serve the pickleball public. According to SFIA’s report, it ranks last in the nation in terms of dedicated court coverage. With only 0.23 dedicated courts per 10,000 people, that’s 81% below the national average. This segment is proudly brought to you by The Dink Pickleball Newsletter.

Big East basketball is looking strong – perhaps the strongest it’s looked since the conference’s heyday in the 1980s. This year, they could've sent six teams to the Big Dance, and that includes the tournament’s defending champions, the UConn Huskies. How did the 11-team, small school Big East start sending over half its teams to the tournament? ⬇️ In a word, #NIL. Because these schools almost exclusively play basketball, the conference’s actual spending power is higher than many others, where funds are split disproportionately between football and everything else… In fact, since NIL was introduced in July of 2021, the relatively small conference has sent six, then five of its teams to the NCAA tournament. That ratio is a testament to the conference’s willingness to spend top dollar for elite basketball talent, which will likely continue to be the case for the foreseeable future.

From Buying to Selling: My Profitable Sports Card Flipping Strategy Discover how I turned a $95 investment into a $880 profit by flipping sports cards. Learn my risk-mitigating techniques and strategies for buying, cracking, and submitting cards for grading. Join me on Monday's episode for top recommendations on raw card purchases and potential cracking opportunities. Stay tuned! #CardFlippingStrategy #SportsCardInvesting #ProfitableFlips #RiskMitigation #SportsCardGrading #RawCardBuys #CardCracking #PSA10 #SportsCardCommunity #CardInvestmentTips

On a recent evening at Kauffman Stadium in Kansas City, fans enjoyed a baseball game and $1 hotdogs, but there was a lingering concern: the Royals might relocate due to the rejection of a sales tax that would fund a new stadium. Nearly 60% of local residents voted against the tax in April, highlighting growing resistance to public funding for sports venues. This scenario reflects a broader national issue where taxpayers often bear the costs of new sports venues, despite growing evidence that such investments yield minimal economic benefits. Many stadiums, like those in Tampa Bay, Cleveland, and Buffalo, are being built or renovated with significant public funds. However, these projects rarely deliver the promised job creation or community development, often displacing existing spending and offering limited permanent employment. The economic justification for public stadium funding remains weak, yet local governments continue to support these ventures, driven by the fear of losing beloved teams and complex financial arrangements that obscure long-term costs. Full story at The Economist #EconomicImpact #StadiumFunding #PublicInvestment #UrbanDevelopment #KansasCity #SportsEconomics #TaxpayerMoney

When should you invest in passive income? When you can’t possibly invest more money into increasing your income and have so much extra coming in that you have nowhere to put it. Then, put the excess into passive. Real Estate has always had high ROI. I'll say go for Sports Arena (if you are in Tier I & II Cities). Invest in grassroots sports, The time has come. Post 3 years you'll see money coming in for sure, whether it's near or far from the city. #sportsarena #investment #finance #sports #grassroots

LETS GO

Taxpayers Are About to Subsidize a Lot More Sports Stadiums   “You would think that three decades’ worth of evidence would put an end to giving taxpayer money to wealthy sports owners. Unfortunately, you would be wrong.”   *le sigh* I was fascinated to learn last year that we have just 3 privately funded NFL stadiums in the US. This is a constant topic here in Orange County as Camping World Stadium seems to be getting constant rebuilds and renovations to stay a “world-class” football stadium when we have no team – in contrast to our MLS stadium which was built out of private funds. 👏   Don’t get me wrong, I love having amazing venues. But when taxes help fund them, maybe parking shouldn’t be $30 and beer $15. Just saying. (And don’t @me, since Atlanta pulled that off with their stadium.)   There is a great anecdote in here about Camden Yards – stadiums help revive downtown – it’s a great anecdote. But I get more annoyed that we keep falling for this line as stadiums keep moving further from “downtown”. If it made a close, walkable, entertainment district that revitalized a dead corner of downtown, there is a story there. But these days we’re paying for massive stadiums, most of which keep moving further into the suburbs and have no public transportation.   We’ve got to come up with some better uses of funds here. Again – I am not against having world-class venues. We just can’t keep funding them with taxes without some form of profit-sharing, as the "economic returns" rarely play out.   https://lnkd.in/eAyHSfu4 #letsmakeplans #themedentertainment #entertainment #livesports #liveevents

So, what’s next? Last week we had the pleasure of being invited to watch Bradford City play in their 4-0 victory over MK Dons and what a great experience seeing athletes doing what they do best. But what is the plan after professional sport? The beauty of property investment is that it is very passive so athletes can focus on their sports career without distraction yet benefit from a cash-flowing asset generating capital growth! We wish Bradford City AFC luck with the rest of the season! For professional athletes looking to prepare for a life after sport with property investment, comment ‘SPORTS’ below #professionalsports #lifeaftersport #propertyinvestment #sportscareer

Frozens love to grease The Powerful to keep their ‘impede progress’ plans rolling… While this PBS piece was shot pre-Natty showdown, it is worth a watch as it summarizes the NCAA plan to enact their two-step process to stay in power by 1. Talking about offering a small amount of yearly $$$ to ‘student-athletes’ (in a proposal that has more holes than a block of Swiss cheese), to buy them some time…and, 2. Using that time to convince their fellow Frozens in Congress(!?!) to enact laws to keep them in power—like those folks don’t have more pressing matters to attend to than sticking their noses into the money-dripping poopshow of college sports? But, this is one of ways Frozens keep their scams rolling: coddle up to money-hungry, powerful bureaucrats to write laws no constituents are begging for and then vote them into power. 🤷💸🤯

Huge day in the world of sports investment today… ⚽🏟️ Do not scratch your eyes! Historically if you wanted to own a football club, you needed to fit one of the following criteria: - Self made billionaire - Family of billionaire’s - American investment group - A world class musician or a Hollywood actor Today, football club ownership is for everyone 😅 which is where Seedrs and Republic come in… Watford Football Club are changing the game and opening up their latest investment round to their fans and anyone around the globe 🌍 minimum investment? £50. To find out more: https://lnkd.in/edSm9Cwd To get involved: https://lnkd.in/ePvku43v #sportsinvestment #watfordfc #fanownership