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Persistent link: https://www.econbiz.de/10012662190
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...
Persistent link: https://www.econbiz.de/10012935279
Local governments often justify subsidizing sports stadiums as economic development projects that have positive returns on investment. If this is true, economic and quality-of-life spillovers that are capitalized in local property values ought to generate additional tax revenue for host...
Persistent link: https://www.econbiz.de/10013225880