This paper presents a model of a professional sports league and analyzes the effect of luxury taxes on competitive balance, club profits, and social welfare. It shows that a luxury tax increases aggregate salary payments in the league and produces a more balanced league. Moreover, a higher tax...

In this theoretical analysis, we try to find out what the impact is of pooling and sharing, and not just the sharing of broadcast rights, on the competitive balance in a sports league. We are using a simplified 2-club non-cooperative Nash equilibrium model with the hiring of talent as the only...

In late 2011, at a time when other leagues such as the National Football League and the National Basketball Association had engaged in work stoppages, Major League Baseball owners and the MLB Players Association harmoniously agreed on a new five-year collective bargaining agreement. This article...

This paper examines the economic issues leading up to the 2011 NFL lockout and the resultant Collective Bargaining Agreement with the NFLPA. The history of labor relations between the league and the union is presented. The league’s antitrust situation that led up to the 1993 CBA is discussed...

The paper presents two building blocks for elaborating on a disequilibrium economics model that fits with empirical evidence of a European team sport (soccer) league where teams are win-maximizing and operate under a soft budget constraint. Going beyond the standard equilibrium model justifies...

Previous research has examined the financial and volunteer problems of non-profit sport clubs in an isolated manner and has neglected the influence that sponsorship and subsidy funding, which we term as external funding, may have on both problems. The purpose of this study is to examine the...

This paper explores the relationship between participation in sport as a consumer activity and sport volunteering as a producer activity. Using data from the Taking Part Survey, evidence is found that the decision to engage in sports participation and sports volunteering as well as the duration...

In this study we use the German Socio-Economic Panel to evaluate the impact of leisure sport participation on the unemployment duration. The empirical literature on sport participation has focused on labor market outcomes and job quality while the impact of this activity on job search has not...

This paper analyzes TV demand for cycling in Flanders. Using data for 338 Tour de France broadcasts, average and peak TV audience per stage is estimated by an OLS regression model. A first set of independent variables measures the importance of stage scheduling and includes variables that define...

Kickers in the NFL have two jobs. The first is kicking off. The second is scoring via field goal attempts and extra points. Of these two actions, the latter’s impact on outcomes is most easily observed. Decision-makers should be able to go beyond simple visual observation and evaluate actions...