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Industrial Sabotage at Manchester United?
When I first saw remarks like those I'm about to quote, I let it pass with an oblique comment (in the Portsmouth post from last week). But industrial sabotage -- ... -
Noll: Coyotes to Hamilton in 2010
The focus of this story is on Roger Noll's view of the Phoenix Coyotes bankruptcy, and the likelihood that Jim Balsillie's offer to purchase the team and move it to ... -
Franchise Value of the Cubs
I was quoted in a recent Chicago Tribune story on the value of the Cubs franchise. Wrigley Field casts a long shadow as prospective buyers review the Cubs' confidential financial ... -
$1 billion and counting for the Cubs
From Danielle Sessa at Bloomberg: The Cubs' sale price is likely to exceed Dan Snyder's 1999 purchase of the Washington Redskins of the National Football League for $800 million, the ... -
Could the Steelers' sale be a tax issue?
From today's WSJ Opinion Page: One of the league's iconic teams, the Steelers have been owned by the Rooney family since 1933. The five sons of the original owner, Art ... -
The Rate of Return on Sports Franchises
Over on Newmark's Door, economist Craig Newmark discusses a recent New York Times article by Joe Nocera about why bad team owners want to own professional sports teams. Both the ... -
The Weak Dollar and Franchise Values
The US dollar has depreciated significantly against other currencies over the past several years. Currency depreciation has a differential effect on an economy. For example, manufacturers who export their products ... -
Report: Selig Squashed the Jacque Jones Deal
The New York Daily News reports on why the Cubs' Jacque Jones has been left twisting in the wind: According to various baseball sources, it was Bud Selig who kiboshed ...
