The U.S. youth-sports economyincluding travel, equipment, team membership, facility rentals, etc.was a $17 billion market in 2018 and has increased by 55% since 2010. Blue Stars logo bears a not-coincidental resemblance to the one seen on national TV every Sunday, and the companys conference room has a view of the Jones family boardroom. We have skin in the game, but the city has skin in the game, said Andy Card, an Indiana-based developer of youth sports facilities, including the Pacers-branded indoor gym on the Grand Park campus. They probably would have done better with money on Wall Street. He works overtime whenever possible to save for Lukes frequent overnight trips across Texas and to Louisiana, North Carolina and Florida. Forbes points out that youth sports have much in common with professional sports. The primary purpose of youth sports team sports is to deliver fun for the youth. Jewelry and apparel companies have asked him to hawk their stuff. Joey Erace is an extreme example of what has become a new reality for Americas aspiring young athletes and their families. Research and Markets. Boxing gymnasiums, youth employment and economic devt Whats clear, however, is that many rely, at least in part, on taxpayer dollars. The developers behind the park, Oak View Group and Legacy Sports Group, are considering a similar, $350 million project outside Nashville. A spokesperson for Cook did not reply to a Global Sport Matters email request for an interview and has told other news outlets that the mayor will not comment publicly during the bidding process. The basketball site middleschoolelite.com evaluates kids as young as 7 with no regard for hyperbole: a second-grader from Georgia is a man among boys with his mind-set and skill set; a third-grader from Ohio is pro-bound., Social-media-savvy parents now build Twitter and Instagram feeds around their young athletes. This is a nascent market, there is no end to growth in sight. In a 2016 study published in the journal Family Relations, Dorsch and his colleagues found that the more money families pour into youth sports, the more pressure their kids feeland the less they enjoy and feel committed to their sport. COVID-19 and Youth Sports: Psychological, Developmental, and Economic Grand Park opened with 31 soccer fields, 26 baseball diamonds, concession stands, and administration buildings. Copy and paste the text above to include this infographic on your website. Instead, some are going bigger than ever, with plans that make Grand Parks original vision look like a neighborhood park. In 2007, Westfield was a sleepy Indiana town of roughly 15,000 people looking to make a name for itself through sports. Joey Erace knocks pitch after pitch into the netting of his $15,000 backyard batting cage, the pings from his metal bat filling the air in the south New Jersey cul-de-sac. Sports icons and leagues have leveraged their platforms to address key social justice issues. Kuebler, who also coached track and cross country at the local high school, eventually started a before-school running group for the elementary-schoolers. Modules brought in from different companies and developers are being integrated into a functioning platform. We wondered, Is it conceivable to create an industry around family travel sports? says mayor Andy Cook.