there is more for Minnesotans to be concerned about than the national economy's impact on local teams. There is the changing face of sports leagues themselves and, most importantly, the inescapable wealth — or lack of same — of the Twin Cities market.
(There are) about 220 suites and 3,900 club seats in the Metrodome and the two multi-purpose arenas, Target Center and Xcel Energy Center. With the opening of the Gophers' football stadium and Twins ballpark, there will be about 310 suites and more than 8,200 club seats.
Three years ago, researcher G. Scott Thomas of American City Business Journals and bizjournals.com analyzed sports markets and concluded that the Twin Cities are as stretched as any market in the nation.
In his 2006 calculations, a community needed about $196 billion in regional personal income to support one NFL team, one Major League Baseball team, one NHL team and one NBA team. The Twin Cities, based on 2006 data from the U.S. Bureau of Economic Analysis, had total personal income of its residents of about $171 billion.