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Home›Category: "renovations"

renovations

  • Franchise Value of the Cubs

    franchise values, renovations
    May 30, 2019
    by Phil Miller
    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 ...
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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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Governor Gavin Newsom's #FairPaytoPlay Act is a po 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.
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