Nats Sign Strasburg, Set Record
The sad-sack Washington Nationals came to terms with #1 draft pick Stephen Strasburg one minute before their exclusive negotiation period ran out last night. His …
Make or Buy?
Barcelona or Real Madrid? Barcelona makes them. Real Madrid buys them. It’s a matter of degree of course, but I think the distinction holds. Rob …
Coaches & Risk-Taking
Manning over Tebow. Ok, that’s an easy choice in the short term. Surprisingly from Tebow’s wins-losses, but not surprisingly from coaching practices, little interest in …
X & Y Management
A column in Monday’s Wall Street Journal struck one of my pet peeves. Carol Hymowitz uses Tony Dungy and Lovie Smith as her main exhibits …
The Shutdown Condition in Sports
When economists explain how firms make their choices when they are maximizing profits, it’s generally assumed that costs of production increase faster than revenue. When …
Legalized betting will affect revenue models in the NFL
To say that the sports betting landscape in the USA has changed drastically in recent times is something of an understatement. In May 2018, the …
What’s a Little Wager Amongst Rivals?
(Cross-posted at Market Power) If my team beats your team, you have to wear my team’s colors! Tom Long, chief marketing officer for Miller, sent …
NFL Draft Trifecta
If Phil Miller’s Saturday post on the NFL draft is Day 1, and Brian Goff’s Monday post on the NFL draft is Day 2, let’s …
College Football Scheduling
State legislators across the country have periodically inserted themselves into the scheduling of athletic events of their state’s universities and colleges. During the period when …
Hand-Wringing At the Knight Commission
This from the Knight Commission. From 2001 to 2003, athletics spending grew at a rate four times faster than overall institutional spending, even without a …