For the 65 colleges and universities that participate in the Power Five athletic conferences (Pac 12, Big 10, SEC, ACC, and Big 12), the football and men’s basketball teams are highly visible. While these programs generate tens of millions of dollars in revenue annually, very few of them turn...

For the 65 colleges and universities that participate in the Power Five athletic conferences (Pac 12, Big 10, SEC, ACC, and Big 12), the football and men's basketball teams are highly visible. While these programs generate tens of millions of dollars in revenue annually, very few of them turn an...

This paper examines the history and the economics of the Bowl Championship Series, in the context of all college bowl games. The evidence suggests that the BCS restricts entry to the FBS conferences that are outside the BCS cartel and that the revenue distribution from the bowl games is highly...

The Olympic Games are among the largest and most visible sporting events in the world. Every twoyears, the world’s best athletes from some 200 countries come together to compete in lavish new venues in front of thousands of spectators. Hundreds of millions of sports fans worldwide watch the...

I respond to Bradbury’s reply to my original June 2022 report to the Braves on Truist Park and The Battery. While I acknowledge that several observations by Bradbury are reasonable and may result in modest downward adjustments in some of my net present value estimates, I argue and illustrate...

Conventional wisdom has it that the public share of stadium and arena construction costs has been falling in recent years. Many have attributed this perceived decrease in part to the emergence of the academic literature in the 1990s, finding that one cannot expect that a new team or sport...