There are three main critical areas in the Italian football industry. First, we find that the revenues of teams playing in Serie A are low and highly concentrated on TV rights, hence vulnerable to changing conditions in the mass media industry. Second, we document that there has been an...

We analyze how the Bosman ruling affected the market for star players and talent development in the European football market. We develop a model with sports competition and endogenous ownership of star players in which we show how the stiffer bidding competition over star players after the...

A novel test for racial discrimination in English professional football is presented, based on an assessment of the effect of race on footballers' labour market transition probabilities. Career progression is observed over five-year intervals within the period 1986-2001. Transition probabilities...

A novel test for racial discrimination in English professional football is presented, based on an assessment of the effect of race on footballers' labour market transition probabilities. Career progression is observed over five-year intervals within the period 1986-2001. Transition probabilities...

I empirically test for a separating equilibrium in the bargaining contract of National Football League (NFL) contract negotiations. The separating equilibrium predicts that a player who delays contractual agreement signs a more lucrative contract and has positive private information on his...

Superstars in European football are exceptionally talented and enjoy celebrity status. While second-tier stars, i.e., players barely below superstar status, lack popularity, their marginal contribution to team performance on the pitch relative to that of superstars is unknown. Relying on...

This paper examines the growing trend of NFL players to forego participation in the league's yearly All-Star Game, the Pro Bowl. Viewership of the Pro Bowl has been substantially lower than the average game day in recent years, causing controversial discussions about the viability of the game...

Using a sample of professional baseball players from 1871-2007, this paper aims at analyzing a longstanding empirical observation that married men earn significantly more than their single counterparts holding all else equal (the "marriage premium"). Baseball is a unique case study because it...