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There are 4 major US professional sports leagues (MLB, NBA, NFL, NHL; sorry no MLS). Find a city with one team and another city with
There are 4 major US professional sports leagues (MLB, NBA, NFL, NHL; sorry no MLS). Find a city with one team and another city with a team in each of the 4 leagues. For the city with one sport, create a table comparing ticket prices (highest, cheapest, avg ticket price, number of seats for the venue and the average cost for the event for a family of 4). Next, using one of the cities with 4 franchises, compare that cities ticket prices for the same sport using the same categories. Third, compare the ticket prices (same categories) for a similar sport with two different cities from the 4 or more list. (You can also do this with cities that have only 2 or 3 but you will need to find those cities on your own). When you are finished with the tables I want you to write a summarizing paragraph that explains the difference between prices between cities with one sports team and cities with multiple sports franchises. In your essay tell me the role, if any, that monopolies and competition may have played with prices, popularity, etc
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