How Sports Became a $15 Billion Industry
For parents, the cost is steep. Some families spend over 10% of their income on fees, travel, camps, and equipment. Joe Erace, who owns a salon and spas in New Jersey and Pennsylvania, says Joey’s budding baseball career has cost over $30,000. Another parent from upstate New York spent $20,000 in a year on his daughter’s volleyball team, often driving 2.5 hours for practice. Meanwhile, a mom from Missouri made seven-hour round trips for her sons' basketball practice. Some families even send their kids away to improve their skills, like an Ottawa family who sent their 13-year-old to New Jersey for more ice time.
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