“We are Geelong, The Greatest Team of All”
These are the first eight words of the theme song of the Geelong Football Club, who yesterday won the Australian Football League (AFL) Grand Final …
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Is Revenue Sharing Working?
During Game One of the World Series Tim McCarver claimed that revenue sharing in baseball is working. His evidence – baseball is crowning its seventh …
Johnny Miller — Economist
During yesterday’s Doral tournament (or whatever it’s called now), the NBC crew pondered why so few players anywhere near the top of the leaderboard on …
Bud Selig – The Most Socialist Baseball Commissioner?
Given this most recent salvo, I have begun to conclude that Bud Selig has been the most socialist baseball commissioner ever: While meeting with baseball …
The NFL and Tie-in Sales
The NFL’s Washington Redskins now require their customers to pay by cash, by cheque, or with a Redskins Extra Points MasterCard (from the Washington Post, …
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 …
"Money" and "Ball" and the Cost per Win Fallacy
In his article, “Based on Payrolls, Brewers Faring Quite Well This Season,” Tom Haudricourt offers us the following: “The bottom line of victories and losses …
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 …
Necessary Condition for Success at Football
“Coyote blog” posts: You hear a lot of debate about what wins NFL Championships – is it offense, defense, the running game, the quarterback? Well, …