The Most Expensive Sports in the World
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NCAA coaches charged with fraud and corruption
The Heartbeat of a Nation and How Hockey Helped Shape It
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Economic woes for the sports business in Baltimore
The Baltimore Sun had a front page article this morning devoted to the impact of the general economic decline on the fortunes of the Orioles and the Ravens. There is also a bit of discussion about the prospects for the proposed downtown arena project. Here’s one tidbit from the article: “It’s kind of like booze and movies,” said John Moag, founder of Moag & Co., a Baltimore-based investment banking firm that specializes in sports. “Psychologically, people do not want to give it up.” A recent study by Moag’s firm found attendance and franchise values went up during the bear markets
When Will the Pirates Gain Respect in Pittsburgh?
Pittsburgh is likely the best small sports town in the country, which is often overlooked by a broad range of sports fans within the US. How is it possible that this small city with a population of just 300,000 managed to receive three major sports franchises? Pittsburgh is incredibly fortunate, especially when you consider the success that some of these teams have had over the years. However, it is worth noting that one team is the black sheep of the family. While the Pittsburgh Steelers and Pittsburgh Penguins are regarded as two of the best sports franchises of all time,
The Heartbeat of a Nation and How Hockey Helped Shape It
Canada founded in 1867 and is now into its 151st year and a nation. Jump forward only 50 years from that point and it’s now 1917 and the National Hockey League forms, now in its 100th year. A 50-year gap, a dot on the timeline of civilization, in which Canada and its provinces grew, developed and seemingly form an incredible passion for the sport. This has always and forever will be a long shared heartbeat. The big question on every sports fan’s mind is whether we can have the NHL running at the same time as the coronavirus. You should
Live Streaming and Sports Betting - A Marriage Made in Heaven?
There’s no doubt that sports betting is one of the fastest growing markets in the world, particularly as the American sector continues to open up and the practice is legalised across a larger number of US states. Sports betting also continues to benefit from technological advancement and mobile wagering, as this has helped to create a swathe of so-called “in-play” markets and enabled operators to target a new demographic of potential customers. Gambling brands have sought to capitalise on this further by live streaming specific events and broadcasts, enabling players to wager as they watch the action unfolds. You can
Blue Jays Player Payroll Budget Increased
The Toronto Blue Jays indicated today that they believe they have not been hiring enough units of playing ability in the marketplace over the past few years, an argument that G.M. J.P. Ricciardi had been making, sometimes none-too-subtly, for at least two years. They have announced that the budget for player salaries will be $210 million over three years. My contacts with the club tell me they do not expect to divide it equally over the three years, but will probably spend less this year and more in the next two years. “We have the resources now to go out
The Value of Recruiting
Echoing Skip’s post below, I link to this article about Kansas State assistant basketball coach Dalonte Hill, about whose salary a recent stink was raised: Michael Beasley made Kansas State basketball relevant for the first time in more than a decade last season, and his presence put a few extra dollars in the pocket of the man responsible for luring him to Manhattan, Kan. Kansas State had been a perennial also-ran in the Big 12 during the 90’s and the early part of this decade. It was in large part due to Michael Beasley – with all due respect to
The NHL -- One More Kick at the Can?
The owners made an offer to the NHLPA today (Wednesday) that included profit-sharing and pretty near forensic accounting to guarantee the profit-sharing. The union has rejected the offer. “The League today presented a written proposal with minor variations of concepts that were presented orally by the NHL last Thursday”, Saskin said in a statement released after the meeting. “We told the League last week and again today that their multi-layered salary cap proposals were not the basis for an agreement.” The union asked that they meet again tomorrow (Thursday). Update: The owners have agreed to meet with the players tomorrow
College Football Doping Scandal
College football is a big business these days. Teams generate tens of millions of dollars of revenue every season, and for top players, a lucrative professional football contract worth millions of dollars usually awaits the end of their eligibility. Given all the money associated with modern college football, players, coaches, and boosters face huge incentives to bend or break the rules. Today officials handed down one of the harshest and most rarely used penalties available in sport to a football program: the “death penalty.” Suspension of the program for one year. The truly bizarre element of this story is that
What To Expect from The Future Of Esports
The growth of Esports in recent years really is something to be marveled at. With origins set in passionate groups of gamers coming together to play their favorite in an organized and competitive manner, Esports is now a billion-dollar industry. Gamers flock in their thousands to compete in and watch live streams varying from Role-Players, Fantasy, Shooters, and Sports games. Regardless of what you’re into, there is something for everyone. The above being said that is only a description of Esports as they stand. Thanks to advancements in technology, new games constantly being developed, and the accessibility of Esports, this
Seattle Supersonics Trial - Do economists' opinions vary?
I apologize for the length of this post at the outset. Given the interpretations and spins put on the testimony of Andy Zimbalist and Brad Humphreys regarding the economic impact of the Supersonics by the lawyers and the press, I feel it necessary to be clear on a few issues. From comment #141037 we get this: “Overall, I’m thinking the economist’s testimony is gonna get tossed out the window since they all contradict one another.” Here is Paul Lawrence, lead attorney for the city of Seattle responding to a question about the case in the Seattle Times being a battle
How to Get Free Bets & Other Betting Bonuses
Whether you are a serious gambler or just enjoy a casual flutter on any sport, the likelihood is you have been awarded a free bet or other recent sign up related bonus from your bookmaker. A free bet is typically a token and can usually be selected before placing a bet instead of using real funds from the account. Free bets given by bookmakers have certain requirements that need to be met in order for the bet to qualify and for you to receive the bonus money into your account. Bookmakers expect in the long run they will often come
5 Ways to Make Money as a Golf Fan
If you are a golf fan, there are lots of ways you can earn some extra income. Here are some of the most lucrative ways of making money as a golf fan. 1.Create Golf Fan Merchandise This is probably one of the most passive ways of making money as a golf fan. With this, you simply sign up to print on demand sites like RedBubble or TeeSpring. Create designs using simple design platforms like Canva and create tee shirt designs that golf lovers would be interested in buying. Once you upload your golf merchandise designs, when someone purchases an item,