Date of This Version
natural disasters, hurricane, New Orleans, economic development, sports, mega-events, Hurricane Katrina, stadiums
Z28, O18, R53
Hurricane Katrina devastated the city of New Orleans in late August 2005, resulting in damage to much of the city’s sports infrastructure and the temporary departure of both of New Orleans’ major league professional sports teams, the National Football League Saints and the National Basketball Association Hornets. The city spent over $500 million restoring the sports infrastructure in New Orleans, and both teams subsequently returned to the city. In addition, New Orleans has since hosted numerous mega-sporting events including the Super Bowl, NCAA Men’s Basketball Final Four, and several college football national championships. This paper examines the economic impact of Hurricane Katrina on professional sports in New Orleans and traces the recovery of the city in conjunction with spectator sports.
Working Paper Number
Victor Matheson & Robert Baade & Callan Hendershott, 2018. "Professional Sports, Hurricane Katrina, and the Economic Redevelopment of New Orleans: Revisited," Working Papers 1817, College of the Holy Cross, Department of Economics.
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