Participation in a sport is widely considered a valuable form of physical activity, especially for children and adolescents. In addition, many think that sport participation translates to future physical activity. However, limited research has examined the ability of youth sport to significantly contribute to meeting daily physical activity guidelines (60 min/day of moderate to vigorous physical activity) and whether the physical activity behaviors of youth sport participants will translate into future, habitual activity in both the short and the long term. In this paper, available research on the role of youth sport in the promotion of physical activity is evaluated. Two major questions are used to frame the discussion: How much physical activity do youth sport participants attain during games and practices, and does sport participation during childhood and adolescence translate into habitual physical activity in adulthood? This is followed by ideas for future research and preliminary recommendations for best practices or policies.