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Professional Team Sports (professional + team_sports)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	80%

Selected Abstracts

THE IMPERFECT MARKET FOR PLAYERS

ECONOMIC PAPERS: A JOURNAL OF APPLIED ECONOMICS AND POLICY, Issue 4 2004
Braham Dabscheck
Professional team sports have developed a series of monopsonistic labour market rules that have severely limited the economic rights and income earning potential of players. These rules have been linked to the peculiar economics of professional team sports-the need of competitors to combine to produce a product (games). The paper identifies such rules. It also provides information on individual challenges by players to these rules before common law courts and collective action by players who formed player associations. The paper also outlines the trajectory of collective-bargaining negotiations in Australian rules football, soccer, rugby union, and cricket. [source]

Government Subsidies for Professional Team Sports in Australia

THE AUSTRALIAN ECONOMIC REVIEW, Issue 3 2009
John K. Wilson
Professional team sports represent an important aspect of Australian life. Interest is great, and a significant portion of household expenditure is directed toward sports-related goods and services. Based on international comparisons and on the size of attendance and television revenues, the sector should be highly profitable. Yet, significant amounts of public funding and regulatory exemptions are afforded to team sports in Australia. This article analyses the magnitude and reasons for government spending that subsidises professional team sports. [source]

Stadium attendance and television audience demand in English league football

MANAGERIAL AND DECISION ECONOMICS, Issue 6 2008
Babatunde Buraimo
Demand studies of professional team sports have traditionally focused on stadium attendance; however, advances in broadcasting mean that teams generate revenue from stadium goers and broadcasters alike. Previous studies of demand have focused on stadium attendance and television audiences, but none have assessed the demand for match-day attendances and demand by television audiences jointly. This study models match-day attendances and television audiences using data from tier-two of English league football. It shows that while televised matches depress stadium attendances, ceteris paribus, there is an important feedback in that larger stadium attendances have positive impacts on the size of television audiences. Copyright © 2007 John Wiley & Sons, Ltd. [source]

Player salary share and the distribution of player earnings

MANAGERIAL AND DECISION ECONOMICS, Issue 2 2004
Gerald W. Scully
Veteran free agency in professional team sports has led to higher average player compensation, an increase in the share of league revenues going to players, and increased dispersion in player earnings. Tests on the distributions of player salaries in the last decade reject that they are the same in the early and later years. The variance in baseball player compensation is decomposed into share and marginal revenue product effects for 1990 and 1998, and it is found that both effects contributed to the increased variance in player salaries. A simulation of the effect of universal free agency in baseball suggests a modest increase in player salary share and a drop in compensation inequality among players. Copyright © 2004 John Wiley & Sons, Ltd. [source]