Phoenix named one of the Top 10 cities for sports business opportunities

Phoenix has been recognized as a top 10 city for sports business, according to a recent report by Sports Business Journal. The NBA has announced that the city will host the 2027 All-Star Weekend, and Suns owner Mat Ishbia is thrilled about the decision.

The report considered several factors in its ranking, including venue quantity, media partnerships, key vendors, safety, hospitality, and entertainment. Phoenix was praised for its accessibility and thriving golfing culture, with 14 professional sports venues located within an hour’s drive. The area is no stranger to hosting major sporting events, with 26 major sports venues including a Super Bowl stadium and a PGA Tour venue.

In addition to the All-Star Weekend, Phoenix hosts other permanent events such as the NASCAR United Rentals Work United 500 and the ATP Arizona Tennis Classic. The city has invested heavily in new venues in the last decade, such as the Legacy Sports Complex in Mesa. Phoenix’s comparatively low tax rate was also noted in the report, with a room tax of just 12.57%, lower than most of the top 50 markets.

Overall, Phoenix is gearing up to showcase its sports business capabilities on a national stage during the 2027 NBA All-Star Weekend.

By Aiden Johnson

As a content writer at newspoip.com, I have a passion for crafting engaging and informative articles that captivate readers. With a keen eye for detail and a knack for storytelling, I strive to deliver content that not only informs but also entertains. My goal is to create compelling narratives that resonate with our audience and keep them coming back for more. Whether I'm delving into the latest news topics or exploring in-depth features, I am dedicated to producing high-quality content that informs, inspires, and sparks curiosity.

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