Date of Award
Spring 2001
Document Type
Thesis
Degree Name
Master of Science in Education (MSEd)
Department
Human Movement Sciences
Program/Concentration
Sports Management
Committee Director
Robert Case
Committee Member
Elizabeth Dowling
Committee Member
David Branch
Committee Member
Ladd Colston
Call Number for Print
Special Collections LD4331.E44 M67 2001
Abstract
The purpose of this study was to determine the economic impact of the Portsmouth Invitational Tournament (PIT) on the Hampton Roads, Virginia economy. The Portsmouth Invitational Tournament is a four-day all-star basketball tournament featuring college seniors from across the United States. No study has been done on the PIT in the past and this presented an additional need for this research to be undertaken. This study provided valuable information to local officials for future planning of this and other City of Portsmouth events. A twenty-one question survey was developed and distributed through a stratified random sample of the spectators attending the tournament. This questionnaire provided demographic information on the attendees and gave an accounting of tournament expenditures by attendees. Results were calculated based on the expenditures oflocal spectators and scouts who attended the tournament, as well as, out of town spectators and scouts, who attended the tournament. Upon tabulation of a total direct economic impact, a regional input-output model system was employed to determine the indirect economic impact of the Portsmouth Invitational Tournament. The total economic impact of the tournament was then tabulated. This study of the 2000 Portsmouth Invitational Tournament concluded that a total economic impact of $822,081.53 was generated. The total was comprised of a local direct impact of $63,136.66, a visitor direct impact of$390,685.I0 and a visitor indirect impact of $368,259.77. Local taxes collected from hotel rooms, food and other expenditures amounted to $21,274.64. This information contributed significantly to the justification for conducting the Portsmouth Invitational Tournament each year and added credibility to the hosting of sporting events of this kind in the Hampton Roads area.
Rights
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DOI
10.25777/b9gp-v821
Recommended Citation
Morris, Michael.
"Economic Impact Analysis of the Portsmouth Invitational Tournament"
(2001). Master of Science in Education (MSEd), Thesis, Human Movement Sciences, Old Dominion University, DOI: 10.25777/b9gp-v821
https://digitalcommons.odu.edu/hms_etds/134