Major League Baseball faced increased competition from radio broadcasts and improvements in motion pictures during the 1920s and 1930s. The "Roaring Twenties" were followed by the Great Depression. As social norms changed, some owners fought for the right to stage home games on Sundays. Owners...

Do professional sports leagues design revenue-sharing rules primarily to help financially weaker teams, or do such organizations view revenue-sharing rules as ways to reward teams for being competitive? Baseball's National League and the National Football League provide evidence from the 1950s...

The Coase theorem suggests that under certain conditions, the distribution of player talent should be similar before and after free agency. Previous attempts to test the theory's applicability to major league baseball were either examinations of win-loss distributions or comparisons of player...

Students in sports economics courses might better learn the basic concepts by running their own franchise. A simple game, based on the card game War, is easy and inexpensive to implement. Students quickly grasp the importance of weighing marginal benefits, both in terms of team record and...