Download or read book Competitive Balance in Team Sports and the Impact of Revenue Sharing written by Stefan Késenne and published by . This book was released on 2005 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revenue Sharing and Competitive Balance in Professional Team Sports written by Stefan Késenne and published by . This book was released on 1999 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Comparative Economics of Sport written by S. Szymanski and published by Springer. This book was released on 2010-03-31 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting with a major survey of the economics of sport, this volume involves primarily a comparison of the European and American models of sport, how to restructure leagues to make them more competitive, the analysis of gate-sharing mechanisms, the economic impact of promotion and relegation and a comparison of broadcasting regimes.
Download or read book Competitive Balance and Gate Revenue Sharing in Team Sports written by Stefan Szymanski and published by . This book was released on 2003 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competitive Balance and Revenue Sharing in Sports Leagues with Utility maximizing Teams written by Helmut Dietl and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Football Economics and Policy written by S. Szymanski and published by Springer. This book was released on 2010-03-31 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume deals with the competitive structure of football. It examines the relationship between sporting success and economic variables, the structure of European competitions, financial problems in football, their origins and options for reform, racial discrimination in English football, and the economic impact of the World Cup.
Download or read book Revenue Sharing and Competitive Balance in a Dynamic Contest Model written by Martin Grossmann and published by . This book was released on 2009 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a dynamic model of talent investments in a team sports league with an infinite time horizon. We show that the clubs' investment decisions and the effects of revenue sharing on competitive balance depend on the following three factors: (i) the cost function of talent investments, (ii) the clubs' market sizes, and (iii) the initial endowments of talent stock. We analyze how these factors interact in the transition to the steady state as well as in the steady state itself.
Download or read book The Economic Theory of Professional Team Sports written by Stefan Késenne and published by Edward Elgar Publishing. This book was released on 2014-05-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised and updated edition of The Economic Theory of Professional Team Sports elaborates on the themes of the successful first edition of this book.
Download or read book Two Sided Network Effects and Competitive Balance in Professional Team Sports written by Sang Hoo Bae and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes issues associated with network effects and two-sidedness in the market for professional team sports. Teams in professional sports leagues have to compete both for players (inputs) and fans (consumers). In this setting, we construct a theoretical framework where fans are more attracted to a team with a large portion of talented players from a fixed talent pool, at the same time that players want to show their ability in front of a large number of fans. We observe that either perfect imbalance or alleviated imbalance will prevail as an equilibrium. The outcome depends upon the relative magnitude of two opposite effects, the product differentiation effect and the wage reduction effect caused by externalities from the size of talented players and fans respectively. Furthermore, we incorporate asymmetric relative quality effects into consumers' utility in order to analyze its impact on competitive balance. This is shown to either exacerbate or improve the imbalanced distribution of talented players, depending on fans' sensitivity to the relative quality between teams. The policy implications of revenue sharing on competitive balance and the level of wage offers under the condition of two-sided network effects are analyzed.
Download or read book Pay Dirt written by James P. Quirk and published by Princeton University Press. This book was released on 2018-06-05 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why would a Japanese millionaire want to buy the Seattle Mariners baseball team, when he has admitted that he has never played in or even seen a baseball game? Cash is the answer: major league baseball, like professional football, basketball, and hockey, is now big business with the potential to bring millions of dollars in profits to owners. Not very long ago, however, buying a sports franchise was a hazardous investment risked only by die-hard fans wealthy enough to lose parts of fortunes made in other businesses. What forces have changed team ownership from sports-fan folly to big-business savvy? Why has The Wall Street Journal become popular reading in pro sports locker rooms? And why are sports pages now dominated by economic clashes between owners and players, cities with franchises and cities without them, leagues and players' unions, and team lawyers and players' lawyers? In answering these questions, James Quirk and Rodney Fort have written the most complete book on the business and economics of professional sports, past and present. Pay Dirt offers a wealth of information and analysis on the reserve clause, salary determination, competitive balance in sports leagues, the market for franchises, tax sheltering, arenas and stadiums, and rival leagues. The authors present an abundance of historical material, much of it new, including team ownership histories and data on attendance, TV revenue, stadium and arena contracts, and revenues and costs. League histories, team statistics, stories about players and owners, and sports lore of all kinds embellish the work. Quirk and Fort are writing for anyone interested in sports in the 1990s: players, players' agents, general managers, sportswriters, and, most of all, sports fans.
Download or read book The Effects of Revenue Sharing on the National Football League written by Scott M. Deutchman and published by . This book was released on 1991 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics and Finance of Professional Team Sports written by Daniel Plumley and published by Taylor & Francis. This book was released on 2022-12-23 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes an in-depth look at the economics and finance of professional team sports, with a strong focus on applied analysis and performance measurement, to enable students, researchers, and practitioners to develop their professional knowledge of contemporary sport business. It examines the key themes that define professional team sports today, including the unique features of the team sport market place, the operation of leagues, competitive balance, salary caps, draft systems, income from broadcasting rights, the role of agents, and governance and financial regulation. It analyses the functional aspects of sport finance including where the money flows in and out, how to measure performance holistically, and how to interpret the financial performance of professional sport teams. It also covers emerging and disruptive forces that may shape the market in the future. It includes real- world cases and data in every chapter, including sports from football to Formula 1 and the NFL to the NBA, covering both established and emerging markets around the world. No other book offers such an up-to-date and practical guide to the most important sector of international sport business. This book is essential reading for courses in sport finance and economics, sport business, sport media and marketing, international business, or the economics of service and entertainment industries, and invaluable reading for any sport business professional looking to improve their professional skills. Daniel Plumley is Principal Lecturer in Sport Finance in the Department of Finance, Accounting and Business Systems in the Sheffield Business School at Sheffield Hallam University, UK. His research interests include performance measurement in professional team sports, the economics and finance of professional team sports, and competitive balance in professional team sports. Rob Wilson is Head of Department in Sheffield Business School’s Department of Finance, Accounting and Business Systems, and member of the Social and Economic Research Institute at Sheffield Hallam University, UK specialising in the finance and economics of the sport business industry.
Download or read book The Combined Effect of Salary Restrictions and Revenue Sharing in Sports Leagues written by Helmut M. Dietl and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many major sports leagues are characterized by a combination of cross-subsidization mechanisms like revenue-sharing arrangements and payroll restrictions. Up to now, the effects of these policy tools have only been analyzed separately. This article provides a theoretical model of a team sports league and analyzes the combined effect of salary restrictions (caps and floors) and revenue sharing. It shows that the effect on club profits, player salaries, and competitive balance crucially depends on the mix of these policy tools. Moreover, the invariance proposition does not hold even under Walrasian-conjectures if revenue sharing is combined with a salary cap or floor.
Download or read book The Economics of Sports written by Michael A. Leeds and published by Routledge. This book was released on 2016-05-23 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry. The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.
Download or read book The Effect of Gate Revenue Sharing on Social Welfare written by Helmut M. Dietl and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a theoretical model of a team sports league based on contest theory and studies the welfare effect of gate revenue sharing. It derives two counterintuitive results. First, it challenges the invariance proposition by showing that revenue sharing reduces competitive balance and thus produces a more unbalanced league. Second, the paper concludes that a lower degree of competitive balance compared with the noncooperative league equilibrium yields a higher level of social welfare and club profits. Combining both results, it concludes that gate revenue sharing increases social welfare and club profits in our model.
Download or read book The Economics of Professional Team Sports written by Paul Downward and published by Psychology Press. This book was released on 2000 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is unique in offering the first truly rigorous application of economic principles to the subject of professional team sports.
Download or read book The Economics of Sports written by William S. Kern and published by W.E. Upjohn Institute. This book was released on 2000 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authored by economists, the six essays collected here provide a picture of economic principles at work in the arena of big-time sports. The 1998-1999 NBA lockout, the economic effects of sports stadiums, and the level of parity in leagues and conferences are used to present analyses of contemporary economic issues including industrial organization, influences of labor markets, the effect of racial discrimination, market power, the behavior of cartels, and price discrimination. Annotation copyrighted by Book News Inc., Portland, OR
