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

Phoenix has been named the host of the 2027 NBA All-Star Weekend, a decision that is thrilling for Suns owner Mat Ishbia. According to a recent report by Sports Business Journal, Phoenix was recognized as a leading sports market in the Western region, just below Los Angeles and Las Vegas. The city was praised for its accessibility, with 14 professional sports venues located within an hour’s drive.

The report also highlighted Phoenix’s thriving casual golfing culture, which is a major draw for sporting events. With 26 major sports venues, including a Super Bowl stadium and a PGA Tour venue, the Phoenix area is no stranger to hosting major sporting events. 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.

Phoenix has invested heavily in new venues in the last decade, such as the Legacy Sports Complex in Mesa. The report also noted that Phoenix’s comparatively low tax rate, 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 Samantha Jones

As a dedicated content writer at newsaca.com, I bring a unique blend of creativity and precision to my work. With a passion for storytelling and a keen eye for detail, I strive to craft engaging and informative articles that captivate our readers. From breaking news to thought-provoking features, I am committed to delivering content that resonates with our audience and keeps them coming back for more. Join me on this exciting journey as we explore the ever-evolving world of news and information together.

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