Why are Concessions so Cheap at the Masters?
Why are concessions so expensive at the ballpark? Some of the explanations include: The captured consumer theory. Once in the ballpark, if someone wants to …
Phil Miller
An Impact of the NCAA Tournament?
One of the more amusing reasons why sports are not boons to local economies is that they drive more unproductive watercooler discussions at the office. …
Major League Baseball Officials: Internet Entrepreneurs
I recall the good old days when I could follow the Chicago Cub’s loss by tuning into WGN 720AM’s internet stream. Then MLB officials banned …
The Price of Success in Sports
Mizzou heads into the upcoming football season with national championship aspirations. They return 10 of 11 starters on defense, a Heisman finalist at QB, a …
Everything’s Bigger in Texas
When I was a student at Mizzou back in the 90s, I remember reading articles where potential recruits would say things like, “my high school …
Overstating King James’ Impact on the Cleveland Economy
Meghan Barr, an AP correspondent from Cleveland, needs a lesson in economics in this article about LeBron James. “James has been with Cleveland since he …
College Athletic Department Subsidies
ESPN has a new data tool that allows people to obtain detailed expense and revenue data for many major college athletic programs. Here is the …
The Value of Recruiting
Echoing Skip’s post below, I link to this article about Kansas State assistant basketball coach Dalonte Hill, about whose salary a recent stink was raised: …
What Do Non-profits Do with their Surpluses?
When an institution is organized as a not-for-profit institution, this classification does not imply that those in charge do not seek to maximize the difference …
Arbitration in Burress’ Future
In a case that somewhat reminded me of the Terrell Owens case in 2005, Plaxico Burress has been suspended by the NFL’s NY Giants for, …