Final Four Economic Impact
Howdy, folks. Long time reader, first time poster. Anyway, I was in quoted in the Louisville Courier Journal last weekend regarding the economic impact of …
Victor Matheson
The NFL’s $116 million question
The NFL’s salary cap has been set at roughly $116 million for the 2008 season. The salary cap is set equal 57.5% of the projected …
Golf, the International Language?
The LPGA announced today that starting in 2009 it would be requiring the players on its tour to be able to speak English. LPGA State …
From Rags to Riches
The player’s union has just released the 2008 player salaries for Major League Soccer. The gulf between the “haves” and the “have nots” is simply …
Referees and the Power of Statistics
We all remember the furor that erupted a couple of months ago regarding the Price and Wolfers paper that found a subtle racial bias in …
A Bad Day for Barbie
On Monday, Mattel, the toy maker who brings us Barbie and Hot Wheels, reported that its 4th quarter profits fell 46%. What does this have …
Location, Location, Location
The recent sale of the Montreal Canadiens just goes to prove that old adage that the three most important things in business are 1. Location, …
Brazil and tourism during the 2014 World Cup
According to a statement by Aloisio Mercadante, Brazilian president Dilma Rousseff’s chief of staff, “We lost the trophy, but Brazil won the World Cup. He said that …
Economic Impact and the Substitution Effect
Here at the Sports Economist, one criticism of economic impact reports we commonly make is that these studies rarely account for the “substitution effect.” While …
A Response to bobby and Phil
My colleague Phil recently highlighted a comment by bobby, one of our many great readers. Bobby is concerned that we here at TSE tend to focus …