The Yankee Salary Premium
The Yankees $200 million payroll exceeds the next highest team by $85 million and the bulk of teams by well over $100. Often, pay reflects …
Boomer on QB Value
I happen to catch the tail end of an interview with Boomer Esiason on the NFL Network last night. In his remarks about the playoff …
The Tax Exempt Status of the NCAA
Lost in the current sex scandal on capital hill is a news report that lame duck Representative Bill Thomas (R-California) sent a letter to NCAA …
It’s Still Good To Be The Cupcake
Finally, the games have begun in college football, and I’m not talking about the nasty games being played in conference realignment. I’m talking about the …
God Save the Queen and English Football
Here at TheSportsEconomist, we’re not just sports economists but also sports fans, and therefore there was a healthy degree of rivalry between our American and English …
Coase, Moneyball, and Transaction Costs
Adam Yu has written a wonderfully titled essay, “The Coase Theorem Meets Moneyball.” It won the Milton Friedman prize at the Chicago Graduate School of …
Baseball Players vs. Bankers
Today in his blog, Paul Krugman blasts President Obama for comparing banking executive pay to baseball players’ earnings. In a recent interview Obama stated, while …
League-Union News in Other Sports
The NBA’s collective bargaining agreement expires at the end of June. David Stern (NBA commissioner) and the union head, Billy Hunter, are making concilliatory gestures …
New York PILOT Decision, Part II
I was in Washington DC last Thursday testifying in a hearing that is part of the ongoing investigation by the House Committee on Government Reform, …
Estimating the Error Term
With all of my attention devoted to the World Cup coverage in June, I passed over an interesting piece from the weekend edition (June 24) …