If you’re a parent, you know many kids enjoy playing sports at a young age. It’s a time to learn the rules, have some fun and enjoy time with friends and teammates.
But did you know the cost of youth sports is skyrocketing?
According to Wintergreen Research, youth sports is now a $17 billion market in the United States. Compare that to the National Football League at $15 billion.
“It’s a good business to get into because you know parents are going to pay the money to get their kids better – in their mind,” says former high school recruiter Jim Delaney.
Delaney left his position as a recruiter because he says he was turned off by where he saw the industry heading.
“It’s not everybody, but for the most part It’s become more about the entertainment for the adults rather than the development of the kids,” he says.
I’ll take a look at the high costs of youth sports and some of the real reasons parents are making big sacrifices in order to keep their kids on the field.
Watch Dollars for Dreams, tonight at 6 p.m. on News Channel 8.