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  • L.A. SPORTS GENERATE $2 BILLION FOR GOLDEN STATE

         Major sporting events in the L.A. area contributed
    approximately $2B to the area's economy according to a study
    conducted by the UCLA Anderson Graduate School of Management.
    The study was commissioned by the L.A. Sports Council and the
    L.A. Area Chamber of Commerce.  The report found that $762M was
    pumped directly into the economy; $1.2B was generated by second-
    hand spending.  In addition, the study found that sports were
    responsible for 1,716 full-time and 12,857 part-time jobs.  L.A.
    Sports Council President David Simon:  "The results of this study
    should indicate to the community that sports are not only games
    played by adults, but they are an important provider of jobs and
    economic benefit for our region" (L.A. Sports Council).
    

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