Sports Finance and Management

40  ◾  Sports Finance and Management

community of less than 113,000 residents, but still the country’s ninth largest city.

In 1890, there were 19 dierent urban areas of 100,000 or more residents, and, by

1910, New York had more than 4 million residents. In that same year, three other

urban centers had more than 1.6 million residents. A total of 50 urban regions had

more than 100,000 residents and, by 1920, a dozen urban areas had more than half

a million residents. America had become an urbanizing society with large markets

that had the potential to support several dierent forms of entertainment.

ird, the wealth of these new urban residents was steadily increasing and, by the

advent of the twentieth century there was a sucient populatio ...