The Economics of the National Football League

The Economics of the National Football League

This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league.

Author: Kevin G. Quinn

Publisher: Springer Science & Business Media

ISBN: 9781441962898

Category: Business & Economics

Page: 333

View: 393

This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league. The book is divided into four parts. The first three chapters in Part I provide an overview of the business of the NFL from an economist’s perspective. Part II is a collection of surveys of the economics of the NFL’s most important revenue streams, including media, attendance, and merchandising. The NFL’s labor economics is the focus of Part III, with chapters on player and coach labor markets, the draft, and contract structure. Part IV includes essays on competitive balance, gambling, economic impacts of the Super Bowl, behavioral economic issues associated with the league, and antitrust issues. This book will appeal to sports economists, sports management professionals, and policy-makers, and would be useful as a supplementary text for sports economics and management courses as well as a reference text.
Categories: Business & Economics

The Oxford Handbook of Sports Economics Volume 1 The Economics of Sports

The Oxford Handbook of Sports Economics  Volume 1  The Economics of Sports

Testing the efficiency of the National Football League betting market. Applied Economics 38(3): 279–284. Brook, S., and Fenn, A. (2008). Market power in the National Football League. International Journal ofSport Finance 3(4): 239–244.

Author: Leo H. Kahane

Publisher: Oxford University Press

ISBN: 9780199874774

Category: Sports & Recreation

Page: 552

View: 256

Stephen Shmanske and Leo Kahane have brought together nearly all of the important authors in the quickly growing field of Sports Economics to contribute chapters to this two-volume set. The result is truly informative in its content and path breaking in its importance to the field. Anyone contemplating research in the field of sports economics will find the works in these volumes to provide both ample background in subject after subject and numerous suggestions for future avenues of research. The editors have recognized two ways that economics and sports interact. First, economic analysis has helped everyone understand many of the peculiar institutions in sports. And second, quality data about individual productivity, salaries, career histories, teamwork, and managerial behavior has helped economists study topics as varied as the economics of discrimination, salary dispersion, and antitrust policy. These two themes of economics helping sports and sports helping economics provide the organizational structure to the two-volume set. The reader will find that sports economists employ or comment on practically every field in economics. Labor Economics comes into play in the areas of salary formation, salary dispersion, and discrimination. Baseballs history and the NCAA are studied with Industrial Organization and Antitrust. Public Finance and Contingent Value Modeling come into play in the study of stadium finance and franchise location. The Efficient Market Hypothesis is examined with data from gambling markets. Macroeconomic effects are studied with data from mega events like the Super Bowl, The World Cup, and the Olympics. The limits of Econometrics are pushed and illustrated with superb data in many of the papers herein. Topics in Applied microeconomics like demand estimation and price discrimination are also covered in several of the included papers. Game Theory, measurement of production functions, and measurement of managerial efficiency all come into play. Talented authors in each of these fields have made contributions to these volumes. The volumes are also rich from the point of view of the sports fan. Every major team sport is covered, and many interesting comparisons can be made especially between the North American League organization and the European-style promotion and relegation leagues. Golf, NASCAR, College athletics, Womens sports, the Olympics, and even bowling are represented in these pages. There is literally something for everyone.
Categories: Sports & Recreation

The Oxford Handbook of Sports Economics Volume 1

The Oxford Handbook of Sports Economics Volume 1

The Economics of Sports Leo H. Kahane, Stephen Shmanske. Boulier, B., Stekler, H., and Amundson, S. (2006). Testing the efficiency of the National Football League betting market. Applied Economics 38(3): 279-284. Brook, 8., and Penn, ...

Author: Leo H. Kahane

Publisher: Oxford University Press

ISBN: 9780195387773

Category: Business & Economics

Page: 543

View: 361

Shmanske and Kahane have organized over 50 essays from prominent Sports Economists into two volumes around two related themes. This second volume explains how sports helps economics via quality data used to test a variety of economic theories.
Categories: Business & Economics

Restoring Faith in America s Pastime Examining the National Football League s policy on anabolic steroids and related substances

Restoring Faith in America s Pastime  Examining the National Football League s policy on anabolic steroids and related substances

My biggest criticism of current NFL drug policy is its handling of amphetamines . The only effective way to test for them is to do periodic post game testing . This to my knowledge is not being done . Most drug experts consider the ...

Author: United States. Congress. House. Committee on Government Reform

Publisher:

ISBN: PURD:32754077531469

Category: Anabolic steroids

Page:

View: 243

Categories: Anabolic steroids

NFL Football

NFL Football

Mark Yost's Tailgating, Sacks, and Salary Caps: How the NFL Became the Most Successful Sports League in History (Chicago: Kaplan Publishing, 2006) cuts across labor, stadium issues, economics, and the popular appeal of the game.

Author: Richard C. Crepeau

Publisher: University of Illinois Press

ISBN: 9780252052460

Category: Sports & Recreation

Page: 312

View: 133

A multi-billion-dollar entertainment empire, the National Football League is a coast-to-coast obsession that borders on religion and dominates our sports-mad culture. But today's NFL also provides a stage for playing out important issues roiling American society. The updated and expanded edition of NFL Football observes the league's centennial by following the NFL into the twenty-first century, where off-the-field concerns compete with touchdowns and goal line stands for headlines. Richard Crepeau delves into the history of the league and breaks down the new era with an in-depth look at the controversies and dramas swirling around pro football today: Tensions between players and Commissioner Roger Goodell over collusion, drug policies, and revenue; The firestorm surrounding Colin Kaepernick and protests of police violence and inequality; Andrew Luck and others choosing early retirement over the threat to their long-term health; Paul Tagliabue's role in covering up information on concussions; The Super Bowl's evolution into a national holiday. Authoritative and up to the minute, NFL Football continues the epic American success story.
Categories: Sports & Recreation

Handbook on the Economics of Sport

Handbook on the Economics of Sport

While franchises have been sold from one owner to another, and have relocated from one city to another, the membership of the major leagues has changed little. While the National Football League and the National Basketball Association ...

Author: Wladimir Andreff

Publisher: Edward Elgar Publishing

ISBN: 9781847204073

Category: Sports & Recreation

Page: 830

View: 253

The editors should be commended for taking on such a big task, and succeeding so well. This book should be in the library of every institution where students have to write a paper that may be related to sport, or on the shelf of any lecturer teaching economics or public finance who has even a remote interest in sport. The material is very accessible, and useful in many different settings. Ruud H. Koning, Jahrbücher f. Nationalökonomie u. Statistik Edward Elgar s brilliant market niche is identifying a topic in economics, finding editors who know the area backwards and challenging them to assemble the best cross-section of relevant articles either already published or newly commissioned. Handbook on the Economics of Sport is Edward Elgar at its very best. If you love economics you ll find many fascinating insights here; if you love sport but know little economics then this book is mostly accessible and will teach you a lot; and if you are a sports-mad economist then you will be in hog heaven. Furthermore, if, like this reviewer, you are broadly very sceptical about the reports consultants produce for governments on the supposed economic windfall from hosting a big event or subsidising a stadium then you will get a lot of good counter-arguments in this volume. Indeed there are several chapters on the above theme that I m sure I ll be copying frequently to government officials in years to come. . . The demand for sport is a fascinating subject and it is hard to pick out just one chapter from the second section. Read them all they make a wonderful 65-page treat. . . Part VI was a real feast, a smorgasbord. . . This is a magnificent piece of work and the 36-page index rounds it all off splendidly. John Blundell, Economic Affairs The book covers the most important areas of research of an emerging economic sub-discipline spanning the past half a century. It serves admirably the purpose of an introduction into the rich and growing area of reflection for all concerned. . . the editors and authors of the Handbook have done a commendable job of accumulating sophisticated material for many economists, managers, politicians and self-conscious fans, who are sure to find excellent training ground for the whole heptathlon. . . This book will be invaluable for advanced students investigating professional sport. From the point of view of lawyers, particularly those engaged with the relationship between law and sports governance, the Handbook offers invaluable analysis of the economic issues that are alluded to in those debates but rarely examined in detail. . . These insights will also prove useful for policy analysts and sports administrators for whom many sections should be considered mandatory reading. Aleksander Sulejewicz, Journal of Contemporary European Research Over 800 pages on the economics of sport. What a feast! What a treat! The editors have done a wonderful job both in terms of breadth from David Beckham to child labour in Pakistan and depth, tournaments and luxury taxes for example. . . The 86 chapters are uniformly of a very high standard and illuminating. And there are real gems in some of the contributions. British Journal on the Economics of Sport This very interesting and comprehensive book achieves its objective, namely to present an overview of research in sports economics at an introductory level. . . [The editors] have produced an excellent reference book that belongs in all academic institutions libraries. It provides extensive introduction to the growing body of literature in the rising field of economics of sport. The book s relevant monographs should be read by institutions, cities and countries prior to their committing major resources towards sports facilities or a sporting event. James Angresano, Journal of Sports Economics One could think of this book as the sports-and-economics counterpart to Joy of Cooking, because it will satisfy the needs of those with a keen interest in such subjects as the
Categories: Sports & Recreation

The Economics of Sports

The Economics of Sports

MPS see marginal propensity to save (MPS) MRP L see marginal revenue product of multiplier labor (MRP effects L ) 166–168 municipal bonds 198–199 municipal ownership 190–191 Munsey, Paul 192 NFL (National Football League): and Alvin ...

Author: Michael A. Leeds

Publisher: Routledge

ISBN: 9781351684507

Category: Business & Economics

Page: 404

View: 147

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. Thoroughly updated to reflect the current sports landscape, The Economics of Sports introduces core economic concepts and theories and applies them to American and international sports. Updates for this sixth edition include: More coverage of international sports, including European football; A revised chapter on competitive balance, reflecting new techniques; A brand-new chapter on mega-events such as the Olympics and World Cup; New material on umpire bias; A completely redesigned chapter on amateur competition that focuses exclusively on intercollegiate sports. This chapter is also now modular, enabling instructors who wish to intersperse it with the other chapters to do so with greater ease. This accessible text is supported by a companion website which includes resources for students and instructors. It is the perfect text for advanced undergraduate and graduate courses on sports economics.
Categories: Business & Economics

Research Handbook of Employment Relations in Sport

Research Handbook of Employment Relations in Sport

(2011), Sports Economics, 3rd Edition, Upper Saddle River, NJ,USA: Prentice Hall. Fort, R. (2012), 'Competitive balance in the NFL,' in K. Quinn (ed.), The Economics of the National Football League: The State of the Art, New York, NY, ...

Author: Michael Barry

Publisher: Edward Elgar Publishing

ISBN: 9781783470464

Category: Business & Economics

Page: 424

View: 481

Employment relations, much discussed in other industries, has often been neglected in professional sports despite its unique characteristics. The book aims to explore in detail the unique nature of the employment relationship in professional sports and the sport industry.
Categories: Business & Economics

Collective Bargaining in Professional Sports

Collective Bargaining in Professional Sports

The Economic Structure of the NFL, in The Economics of the National Football League (Edited by Quinn, K.G.), at page 8. Tom Brady et al. v. National Football League et al., Memorandum of Law of the National Football League, ...

Author: Scott Bukstein

Publisher: Routledge

ISBN: 9781351781473

Category: Business & Economics

Page: 248

View: 530

Collective Bargaining in Professional Sports provides a timely and practical overview of the impact and importance of the collective bargaining process in the business of professional sports in the United States. Focusing on the contemporary history of collective bargaining in the National Basketball Association (NBA) and the National Football League (NFL), but drawing out important lessons for all professional sports, the book sheds light on some of the key issues within modern sport business and sport governance. It offers an inside look into topics such as revenue sharing, competitive balance, circumvention of league rules, player free agency, player social activism, player discipline, and the ethical and legal issues around the use of wearable biometric tracking systems to collect player data. An essential read for sports business industry practitioners and students alike, this is fascinating reading for anybody with an interest in sport business, sport law or labor relations. It is also a valuable resource for anyone who wants to increase their understanding of the business and financial operations of professional sports leagues and teams, player contracts and salaries, and the role and authority of professional sports league commissioners.
Categories: Business & Economics

National Pastime

National Pastime

There were, however, two joint Major League Baseball/National Football League facilities constructed: the Minneapolis Metrodome in 1982 and Joe Robbie Stadium in Dade County, Florida, in 1987. 6. These figures on stadium costs, ...

Author: Stefan Szymanski

Publisher: Brookings Institution Press

ISBN: 9780815797647

Category: Sports & Recreation

Page: 289

View: 419

This is the story of two great sports. One is "America's game," while the other is "the world's game." Baseball and soccer are both beloved cultural institutions. What draws fans to one game is often a mystery to fans of the other. Despite superficial differences, however, the business and culture of these sports share more in common than meets the eye. This is the first in-depth, cross-cultural comparison of these two great pastimes and the megabusinesses that they have become. In National Pastime, Stefan Szymanski and Andrew Zimbalist illustrate how the different traditions of each sport have generated different possibilities for their commercial organization and exploitation. They pay special attention to the rich and complex evolution of baseball from its beginnings in America, and they trace modern soccer from its foundation in England through its subsequent expansion across the world. They illustrate how Victorian administrators laid the foundation for Major League Baseball (MLB) and soccer leagues such as the English Premier League, Italy's Serie A, and the European Champions League. The authors show how the organizers of baseball and soccer have learned from each other in the past and how they can continue to do so. Both sports are rich in tradition. In some cases, however, these traditions—often arbitrary rules established by long-defunct administrators—have obstructed the healthy development of the sport. By studying the experiences of other sports, it might be possible to develop new and better ways to operate. For example, soccer might benefit from greater cooperation among teams as in baseball. On the other hand, MLB could learn from soccer's relegation rules and more open system of ownership, thus avoiding some of the excesses (competitive imbalance, uneven team resources) associated with monopoly. National Pastime does not advocate the jettisoning of all tradition to adopt wholesale the approach of another sport, of course. In an era of globalization, where business interests are increasingly looking to transplant organizational ideas in order to maximize profits, the authors argue that fan-friendly reforms may be necessary in order to avoid something worse. Ultimately, they propose no simple solutions, instead suggesting specific reforms to the organization of baseball and soccer, drawing on each other's experiences. Lively and accessibly written, this book is essential reading for business analysts, journalists, policymakers, and managers of both sports. Most of all, however, it will appeal to baseball and soccer aficionados, whether they root for the New York Yankees, Manchester United, or Real Madrid.
Categories: Sports & Recreation