Boston Globe sports writer Drake Bennet has some good news for all sports fans-when your team wins, you may be getting a return on all that money you spent on sporting tickets, apparel, and betting. According to a recent study by economist Michael Davis and psychologist Christian End, when your city's sports team wins, your morale is raised, as well as your personal income, sometimes by $120.
As a Utah Jazz fan, I can testify to higher morale and certainly a more confident attitude when our home team is playing well. Bennet, a resident in the recently athletically successful Boston, lists many other benefits of having a successful sports scene-citizens feel more athletic, sexy, spontaneous, confident. They are willing to "work longer hours, take bigger risks, and shop more avidly" cites blogger Tyler Cowen. The city's economy gets a boost as well. When people are willing to spend more and conversely make more money, the local economy improves.
So for the sake of our local economy and our wallets, cheer for the Jazz!