“Yankee Premium” Updates
In 2005 I explored the “Yankee Premium, how much of the Yankee payroll reflected a revenue advantage relative to the rest of baseball and how …
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Anthony Rizzo’s Call Up: Was the Timing a Good Signal for Cubs Fans?
The man that many consider the Cubs top prospect, slugging first baseman Anthony Rizzo, made his Cubs debut Tuesday against the Mets. Prior to that, …
Franchise tag economics
The NFL is approaching the deadline after which players become free agents, and are able to negotiate with other teams. The salary cap puts teams …
Indian Premier League Spend/thrift
The 2011 Indian Premier League cricketer auction took place on the weekend. This event is a fascinating economic exercise on so many levels, and not just …
An Economist’s Quick Thoughts on the LeBron James Decision
LeBron James is catching a torrent of criticism over his decision to leave his “hometown team”, the Cleveland Cavaliers, for the Miami Heat. As an …
An Application of the Backwards Bending Supply Curve
The law of supply says that when the price of a good rises, all else equal, the quantity supplied of that good also rises. Applied …
NFL Uncapped Year
The NFLPA and the NFL are negotiating a new collective bargaining agreement. As you may know, the NFL decided that it would not extend the …
AFL-AFLPA CBA negotiations drag on as Grand Final approaches
As key trigger dates for unilateral termination approach, the most recent round of offers in the collective bargaining negotiations between the Australian Football League (AFL) …
Melbourne Storm Stripped of Two Premierships, Fined $1.6m for Cheating National Rugby League Salary Cap
Integrity. Sport is based upon the principle of a fair contest. A fair contest requires two players or teams to compete on an even footing, …