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Peyton Manning of the Colts 1
A 1993 study that analyzed 47 cities with
professional sports teams determined
Indianapolis was the only U.S. city to realize
tangible economic benefits from its investments
in sports. According to the study, Indianapolis
gained significant personal income growth as a
result of its sports investment between 1959 and
1988. The study's researchers noted that the
results reaffirm the success of the city's strategy
to use sports as an economic development tool.
Additionally in June 1993, the Indianapolis Chamber of Commerce
released a four-part study measuring the impact of amateur sports on
Indianapolis. From 1977 through 1991, the amateur sports movement pumped $1.05
billion into the local economy. More than 330 amateur sporting events attracted
4.53 million spectators and 215,000 participants (athletes, coaches, and others)
to Indianapolis. Approximately 68 percent of the spectators and 76 percent of
the participants came from outside the city.
Since 1979, there have been over 400 national and international
sporting events in Indianapolis, with an economic impact of over
$2 billion dollars.
With the overwhelming success of these events, Indianapolis has gained
the reputation as an amateur/Olympics sports capital.
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