A unique aspect of Major League Soccer (MLS) among professional sports leagues is that it operates with a single-entity ownership structure in which teams are managed by a group of co-investors rather than individual team owners in a joint venture. Revenue-sharing from a common pool raises the...

This study examines the determinants of Major League Soccer team attendance during the league's recent era of growth. Estimates indicate that regular-season on-field performance is positively associated with attendance, but the returns to success are diminishing. Positive novelty effects are...

This study investigates determinants of revenue in North America's four major professional sports leagues. Estimates reveal that revenue is positively associated with on-field success in baseball (MLB), basketball (NBA), and hockey (NHL), but not in football (NFL). The returns to winning are not...