As the Minnesota Vikings prepare for a playoff run, Los Angeles prepares for a NFL team.
According to a study from portfolio.com/bizjournals, Minneapolis-St. Paul is one of 19 markets nationwide that is overextended in its number of professional sports teams. Los Angeles, however, has the largest capacity to support pro sports.
As Brett Favre throws touchdowns, rumors swirl of a possible Vikings move to Los Angeles, if a new stadium isn’t built in the Twin Cities.
In total personal income (TPI), the sum of all the money earned by all residents in a year, the Twin Cities has $154.59 billion, about $43.13 billion less than is needed to properly support the Vikings, Twins, Wild and Timberwolves.
Other overextended markets with teams in the four major sports: Denver at -$92 (Broncos, Avalance, Nuggets, Rockies, some MLS team I don’t know); Detriot at -$21 (Tigers, Pistons, Lions, Red Wings); Phoenix at -$49 (Suns, Cardinals, Coyotes, Diamondbacks).
Other overextended markets in the Midwest include: Milwaukee at -$56 (Bucks, Brewers); Green Bay at -$26 (Packers); St. Louis at -$44 (Blues, Rams, Cardinals); Cleveland at -$77 (Cavaliers, Browns, Indians); Indianapolis at -$6 (Colts, Pacers); Kansas City at -$57 (Chiefs, Royals, some MLS team); Cincinnati at -$40 (Bengals, Reds).
Remaining overextended markets: Nashville at -$13 (Titans, Predators); New Orleans at -$23(Saints, Hornets); Pittsburgh at -$60(Steelers, Penguins, Pirates); Salt Lake City at -$9 (Jazz, some MLS team); San Francisco-Oakland at -$20 (Raiders/49ers, Warriors, Giants/Athletics); Tampa at -$60 (Rays, Bucaneers, Lightning); Buffalo at -$33 (Bills, Sabres); Charlotte at -$7(Panthers, Bobcats).