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 ...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 ...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 ...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 -- ...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 ...