Three cities (Oakland, San Jose and San Francisco) are vying to be home to the Major League Baseball team currently called the Oakland As. But, as Terry legal studies professor Nathaniel Grow points out in a widely reported article, it may be more about prestige than economics.
Historically, landing professional teams has done little to improve the winning city's bottom line, he said.
"The economics are usually overstated," Grow said. "But there is an intangible civic pride element that national exposure brings with professional sports teams."
The full article is available online.