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You are conducting a feasibility study for the potential construction of a youth sports facility that will house 1 2 baseball / softball fields. A

You are conducting a feasibility study for the potential construction of a youth sports facility that will house 12 baseball/softball fields. A private ownership group will fund 100% of the $2 million facility construction costs. They are likely to receive a bank loan at 7% interest.
While doing your research, you find that the fields would likely hold 32 tournaments each year. The fixed cost for operating the facility on an annual basis is projected to be $200,000 and variable costs are $3,000 per tournament. With thhe facility operator charging $13,625 to tournament operators to host a weekend tournament for break even, what is the total fiscal impact of the event as well as the average total expenditure for each incremental visitor?

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