An Economist’s Quick Thoughts on the LeBron James Decision
LeBron James is catching a torrent of criticism over his decision to leave his “hometown team”, the Cleveland Cavaliers, for the Miami Heat. As an …
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The Short Supply of Tall People is Getting Longer
From a past entry from Dave Berri’s Wages of Wins Journal: The statement about competitive balance reflects an argument offered in The Wages of Wins. …
Carmelo: Subtraction by Addition (So Far)
Mike Vaccaro of the New York Post doesn’t exactly offer a resounding endorsement of the February 21 NY Knicks acquisition of Carmelo Anthony, but he …
Operating Losses in the NBA
From an article entitled “A Â confidential report shows nearly half the NBA lost money last season. Â Now what?” from ESPN.com: Despite a flood of new …
NBA Locks Out Referees
Labor relations in professional sports are notoriously contentious. Nobody gets along. Players strike, owners lock out players, referees strike, owners lock out referees; it happens …
Economics of Sportsmanship
Yahoo! Sports’ Adrian Wojnarowski blasted LeBron James for his behavior after the Magic series and his “explanation” of it the next day: I’m a winner, …
Bringing the Game Back – The Role of Prices
Responding to some of the doomers and gloomers who see the NBA going to hell in a handbasket, Dave Berri argues that the the association …
“Termination Risk and Agency Problems: Evidence from the NBA”
Here’s a link to new working paper by Alma Cohen, Nadav Levy, and Roy Sasson. Â Here is the abstract. When agents face a risk of …
19 Years Old, 100% Publicly Financed and Owned, and a Pile of Rubble
The Charlotte Coliseum, the site of 19 years of sporting excellence, has been imploded. This arena was opened in 1988 and was built with 100% …