• Sun. May 26th, 2024

Phoenix Takes the Spotlight: Preparations for 2027 NBA All-Star Weekend Kick Off Amid Growing Sports Business Industry

BySamantha Nguyen

Mar 27, 2024
Phoenix named one of the Top 10 cities for sports business opportunities

Phoenix is set to host the 2027 NBA All-Star Weekend, an announcement that has left sports enthusiasts in the area thrilled. The city was recently named as one of the top 10 cities for sports business by Sports Business Journal, thanks in part to its abundance of professional sports venues and thriving golfing culture.

Phoenix was recognized as a leading sports market in the Western region, just behind Los Angeles and Las Vegas. The Valley was praised for its accessibility, with 14 professional sports venues located within an hour’s drive. In addition to the All-Star Weekend, Phoenix hosts other permanent events like the NASCAR United Rentals Work United 500 and the ATP Arizona Tennis Classic.

The Phoenix area is no stranger to hosting major sporting events, with 26 major sports venues including a Super Bowl stadium and a PGA Tour venue. The city has invested heavily in new venues in recent years, such as the Legacy Sports Complex in Mesa. This investment has helped solidify Phoenix’s position as a major player in the sports business industry.

One factor that has contributed to Phoenix’s success as a sports market is its comparatively low tax rate. The city boasts a room tax of just 12.57%, lower than most of the top 50 markets. This makes it an attractive destination for event organizers and attendees alike.

As preparations get underway for the 2027 NBA All-Star Weekend, Phoenix is gearing up to showcase its sports business capabilities on a national stage. With its abundant venues, thriving golfing culture, and low tax rate, it’s clear that this city is ready to take on any challenge when it comes to hosting major sporting events.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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