The Law of Unintended Consequences Strikes Again
The NBA imposed a minimum age requirement for draftees in 2006. Now high schoolers are jumping to Europe rather than play against the “inferior competition” …
Bargaining Power
Relative bargaining power is a negotiator’s willingness and ability to accept a dispute. In actual negotiations, one negotiator never knows how much bargaining power his …
Chizik-Auburn Marriage Made in Heaven (or Roulette Wheel)
Two years ago, I dissed the hiring of Gene Chizik by Auburn. I didn’t predict failure but highlighted how poorly his track record fit the …
Eau de ShorteStoppe
Today’s game of baseball ain’t your daddy’s game. Avon Products Inc. has signed Jeter to a deal in which it will create a men’s fragrance …
NY Stadium Deals
I have been asked by numerous reporters why state and local governments continue to fund stadium subsidies if they don’t pay off in economic development …
NFL Draft Shenanigans
Entry drafts are used by all professional sports leagues in North America to allocate incoming talent to teams. They create monopsony power for teams because …
What is the Marginal Physical Product of Steroids?
Until 1994, the slugging percentage in MLB averaged well under 400. There were some years in which the SLG for the league as a whole …
Draft Follow-Up
In my NFL draft overview last week, I overlooked this column by CNN.SI’s Jeffri Chadiha. Summarized in my words — the first round is much …
What Makes a College Coach Overpaid?
From the Bleacher Report, we have a list of 20 coaches who are supposedly being paid too much. College football coaches make incredible amounts of money …
Doping, Torts, and Monetary Damages
Boxer John Ruiz is suing opponent James Toney over a tort that allegedly occurred in their title bout last April. Toney tested positive for the …