To attract golf patrons, sport managers must understand consumption patterns of the golfer. Importantly, the treatment of travel costs must be understood. According to the Alchian-Allen (1964) theorem, golfers treat travel costs as bundled costs (third law of economic demand) whereas classical...

During the past decade there has been a proliferation of sports stadia being built in America’s municipal districts. While it used to be common for the public to fully fund stadium construction projects, over the past 20 years factors such as political motives, tax reform, and increased public...

The purpose of this study was to examine the effects of roster turnover on demand in the National Basketball Association (NBA) over a five-year period (2000–2005) and compare these results to previous research on turnover in Major League Baseball (MLB). A censored regression equation was...

Mitchell Ziets is the President an CEO of MZ Sports LLC (http://www.mzsports.com). Over the past 17 years, he has developed and implemented financing plans for a number of sport facilities nationwide. Because of the media scrutiny and controversy that often surround these projects, Ziets...

Dennis Wilcox is a principal with Climaco, Lefkowitz, Peca, Wilcox & Garofoli Co., L.P.A. where he has practiced law since 1977. He chairs the firm’s Business and Transactional Practice Group and supervises transactional, commercial litigation, and general business matters. He also heads the...

Dan Champeau is the Managing Director of Global Public Finance, Fitch Ratings, and Chad Lewis is an Analyst of Global Public Finance, Fitch Ratings. Fitch Ratings has opined on roughtly $17 billion in sports finance debt over the last decade.

Randy Vataha is the President of Game Plan LLC, Investment Banking and Consulting Firm.

An interview with Charlie Faas of the San Jose Sharks and Silicon Valley Sports & Entertainment.

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...

The National Basketball Association claims to sell entertainment. Part of that entertainment is close, competitive contests with uncertain outcomes. However, hometown fans want the home team to win. Hence, the optimal probability that the home team wins a game, from the perspective of maximizing...