Showing posts with category "economic impact"

What is the Ultimate Economic Impact of Sports?

The economic impact of sports is usually framed in terms of how many jobs it generates and how much spending it generates.  But this misses the point.  Here's

February 16, 2022
tags
economic impact

"The Economic Impact of Cardinals Postseason on St. Louis is Unclear"

I'll admit right out of the box that I was excited, as only a sports economist can be, when I read the headline to this post which is the headline to this St.

February 16, 2022
tags
baseball

Clippers -- Lessons from Losers

Recently, on the NBA Network I caught the tail end of a conversation between Kenny Smith and another announcer about the LA Clippers.  Maybe there are less

February 16, 2022
tags
manager efficiency

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 hiring of a

February 16, 2022
tags
manager efficiency

Faking = Cheating? The Curious Case of Derek Jeter

As anyone other than the home plate umpire watching Wednesday night could easily determine, both from the loud "doink" of the ball hitting the bat as well as

February 16, 2022
tags
baseball

"As Stadiums Vanish, Their Debt Lives On"

Ken Belson digs into the financial legacy of the Meadowlands Sports Complex in today's New York Times.  In short, it's a money loser, with $266 million in

February 16, 2022
tags
stadium subsidies

Mega Event Legacy Update: Athens Edition

I have been watching quite a bit of World Cup coverage, and the announcers seem to have gone out of their way to complement the new stadiums built for the

February 16, 2022
tags
economic impact

Blogging from Portland

The Western Economic Association, International conference is taking place in Portland right now.  Besides being an excellent regional economics conference,

February 16, 2022
tags
general

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...

February 16, 2022
tags
canada

The US Wants a World Cup of Its Own, But at What Cost?

Tomorrow the United States kicks off its World Cup 2010 competition against England. The excitement of this year’s event may fuel the existing US bid for the

February 16, 2022
tags
economic impact

The IMF Surveys the Impact of Mega-Events

The latest issue of the IMF's journal, Finance and Development, has a number of essays on the impact of hosting events like the Olympics and the World Cup.

February 16, 2022
tags
mega-events

Portugal's Hangover

Portugal hosted Euro 2004, a fantastic tournament with a surprise winner in Greece. But as the financial crisis unfolds, some Portugese feel a tinge of regret

February 16, 2022
tags
european football