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Finances

Just the Facts
  • Every year, parents will spend around $1,500 on youth sports per child.

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  • The majority of these parents have a combined income of over $100,000 per year

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  • Kids who are elite athletes that play competitive sports are generally from families with a higher income

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  • Parents who have a post-secondary education of some kind usually have kids who play high-level sports.

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The Price to Pay

It is evident that finances are out of a child's control, as kids are unable to fund their own activities without a steady income. The cost of modern day athletics is at an all-time high, especially competitive sports that come with additional costs. Being that some families will spend nearly 10% of their yearly income on athletics, kids are often limited to playing one single sport. This has significantly impacted the amount of kids involved in youth sports, as some families are unable to afford the necessary gear or fees that are required for participation.

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Pay-to-Play

The idea of paying to play elite sports is more relevant than ever in our modern world. For many organizations, it would be near to impossible to provide a stable environment for youth athletes without the right funds. This system has proven to be ideal for families who are able to afford the fees needed to play, as they are the ones who bring in the revenue for said businesses and clubs. When families struggle financially, kids are forced to drop out of youth sports, which means many talented players will not have the same opportunities as those with a steady income. Therefore, elite sports do not always get the best athletes, as finances can be a huge challenge for some families. 

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