Blue Jays Player Payroll Budget Increased
The Toronto Blue Jays indicated today that they believe they have not been hiring enough units of playing ability in the marketplace over the past few years, an argument that ...The NHL -- One More Kick at the Can?
The owners made an offer to the NHLPA today (Wednesday) that included profit-sharing and pretty near forensic accounting to guarantee the profit-sharing. The union has rejected the offer. "The League ...Economics Podcast Discussion betweenPhil Miller and John Palmer
In his latest posting, James Reese invited Phil Miller and me to discuss some topics of mutual interest for his economics podcast. Here is his summary: John Palmer and Phil ...Sports and Financial Analysts:Good or Lucky?
In a comment to a recent item on my own blog, Jabber asked whether I thought an analyst who beat the market 4 or 5 times running was a good ...NHL Lockout: Hubris, Animosity, and Transaction Costs
The representatives from the NHL and the NHLPA who met at an O'Hare hotel said they felt they had made some progress and were planning to meet again. Let's face ...Applying the Prisoners' Dilemma:New Sweeping Technology in Curling
Alan Adamson's most recent posting at Curling about the selection of the British Olympic curling team was followed up in a comment that The Brits, despite being Olympic champions, are ...More on the Economic Effects of the NHL Lockout
The general theme of this Bloomberg.com article is that because NHL hockey teams have not been playing, city-owned arenas and parking lots have been receiving considerably less revenue [Thanks to ...How Much to Take a Dive?
Last night while watching Agassi beat Baghdatis at the U.S. Open, I wrote, Query: How much would it be worth to the U.S. Open and its television partners to have ...Roger Noll: the NHL's Business Model Doesn't Work
With the imminent demise of the NHL for at least one season, and maybe more, members of the mainstream media [MSM] are finally realizing that a proposed salary cap will ...Support for Olympic Curlers (and other athletes?)
As I have watched the curling from the 2010 Olympics, I have heard several of the commentators tell us that so-and-so from such-and-such country is a full-time curler. S/he is ...Profits and Franchise Value
Does this quote from Forbes make sense to you? Do you believe in the efficient market(s) hypothesis? By Forbes calculations (see: "NFL Team Valuations"), the Patriots' enterprise value, now worth ...Short England
There are many betting pools for the outcome of the World Cup. The enthusiasm in England is so high, I can't imagine they haven't overbid the price of an England ...