We define two professional sports clubs as rivals if their consistent talent belief is positive. That is, they engage in some degree of talent matching. We then construct a simple two-team Stackelberg model with revenue sharing based on profit maximizing clubs. Clubs will always engage in talent...

Chapter 1. Introduction -- Chapter 2. Use of empirical data to motivate the theoretical model. (new work) -- Chapter 3. A review of the two-team and N-team profit-maximizing model of a league -- Chapter 4. An exposition of the profit-maximizing league model with multiple equilibria. (some new...