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Simulations have long been used in business schools to give students experience making real-world decisions in a relatively low-risk environment. The Oakland A'S Baseball Business Business Simulator takes a traditional business simulation and applies it to the sport industry where sales of...
Persistent link: https://www.econbiz.de/10013069165
What if a zero-income NBA franchise only had sportsmen ownership value (utility value) because it consistently produced zero profit? If so, then a Hybrid Income and Market Approach method that adjusts for the weaknesses in the comparables would take the $320 million as the zero-profit value of...
Persistent link: https://www.econbiz.de/10012962194
In recent years, there are some sports franchises that have reportedly begun to produce extraordinary net income (e … approach to financial valuation of highly profitable sports franchises that values both the sportsmen owner effect portion of …
Persistent link: https://www.econbiz.de/10012866486
Simulations have long been used in business schools to give students experience making real-world decisions in a relatively low risk environment. The OAKLAND A’S BASEBALL BUSINESS SIMULATOR takes a traditional business simulation and applies it to the sport industry, in which sales of tangible...
Persistent link: https://www.econbiz.de/10014144528
Owner Daniel Snyder has remained steadfast in his commitment to retain the “Redskins” moniker and logo. Although he continually cites tradition as the motive, the results of this study reveal that his refusal to change the name may, in fact, be related primarily or solely to money – as...
Persistent link: https://www.econbiz.de/10013137197
A fundamental belief in professional sport leagues is that competitive balance is needed to maximize demand and revenues; therefore, leagues have created policies attempting to attain proper competitive balance. Further, research posits that objectives of professional sport teams' owners include...
Persistent link: https://www.econbiz.de/10013137199
regression techniques utilized in the sports economics literature to measure economic impact are then tested on both the baseline …
Persistent link: https://www.econbiz.de/10012840644
This paper considers a multi-firm analysis of a cartel. It examines the individual owner's choice of labor, the primary factor of production, and the cartel's choice of revenue sharing and salary cap policies in both a profit maximizing model and a utility maximizing model. The effect of...
Persistent link: https://www.econbiz.de/10014195470
A primary objective of sport marketers in the professional sport setting is to develop strategies to increase game attendance. Historically, one of the strategies to accomplish this goal has been the utilization of special promotions. This paper studied the impact of promotions on attendance at...
Persistent link: https://www.econbiz.de/10014056236
An examination of possible expansion or relocation sites for the NBA is undertaken using a two-equation system requiring two-stage probit least squares to estimate. The location model forecasts the best cities for an NBA team based on the underlying characteristics of current NBA teams. The...
Persistent link: https://www.econbiz.de/10014056237