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Home›Category: "capital"

capital

  • Capital-Labor Substitution in Production: Sports Writing Edition

    capital, labor, media
    January 15, 2010
    by Brad Humphreys
    Newspapers are in deep trouble. That has been clear for some time. It looks like things just got worse for sports writers. The Intelligent Information Laboratory at Northwestern University has ...
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  • Are Stadiums and Players Complements in Production?

    capital, labor, marginal revenue product, stadiums
    March 8, 2007
    by Phil Miller
    Teams seeking public subsidies commonly claim that building a new stadium will improve the team's revenue flow, allowing it to acquire more talent and improve the quality of the team. ...
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6 Dec

How Owning A Soccer Club Is The New Status Symbol For Retired Players https://goo.gl/fb/QBtYKz

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Phoenix Marketing Firm Expands to Include a Creative Edge in Their Services https://goo.gl/fb/gojd5T

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Sports and economics: A blog about how the two intersect. With thoughts from experts and professors from across 🇺🇸.

Instagram post 2166176670377345169_8622411730 Governor Gavin Newsom's #FairPaytoPlay Act is a positive step forward to level the playing field for the student athletes who compete under the #NCAA. 
Unfortunately it comes too late as the NCAA now must compete with professional leagues overseas. For instance, high profile basketball prospects like Brandon Jennings, #EmmanuelMudiay, and most recently #LameloBall are opting to play professionally overseas rather than under the NCAA. 
Ball's first game was the most-watched game in Australia's #NBL league history and you can bet he'll benefit from endorsements before he completes his first season. 
The potential consequences in lost revenue for universities is substantial as more of the top prospects are already playing elsewhere. How will the NCAA continue to earn more than one billion dollars in revenue each year when the most exciting athletes already have other options. 
How will this affect each school's athletic programs when each university will need to make difficult budget cuts? If other states can find a way to pass something similar to the Fair Pay to Play Act there is still a chance for the NCAA to attract the top talent and keep a level playing field for all student athletes who compete under the NCAA.
Instagram post 1885825720817340358_8622411730 "On the bright morning of Tuesday, October 2, @miamidolphins paid a visit to Alex’s Place.  It was a wonderful gesture by the Dolphins’ players, cheerleaders and T.D., who were present at the occasion. They were all smiles as they met with children who fight cancer every day with an unmatched bravery on par with suiting up for an NFL game on Monday night." - Aspiring Gentleman  #childcancerawareness #communityservice
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About The Sports Economist

The Sports Economist is produced by a group of scholars who apply economic thinking to sports. TSE has provided commentary and links to issues in the sports world since 2004.

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