Showing posts with category "economic impact"

Is the NFL Ready for the New Season?

Coaches were recently allowed back inside their training facilities and offices but there are still limits on how many employees may be allowed inside a facility at one time due to social distancing guidelines.

July 28, 2020
tags
NFL

Cowboys Stadium Financing

This story from the Dallas Morning News has some good details on the public/private contributions to paying off the bonds which support the $1.2 billion Cowboys Stadium.  Both public and private revenues are exceeding projections. Judging from the article, the city of Arlington contributed $325 million in financing.  Their share of the bonds is paid "with proceeds from a half-cent sales tax increase, 2 percent hotel-motel tax hike and 5 percent increase in car rental tax."  Arlington owes $20.4 million this year, and is on track to recoup over $27 million from these taxes, according to the paper.  Leaving aside […]

July 16, 2020
tags
public funding

Pay Per Head Sportsbook Owners Competing with Bigger Online Shops

Although the current U.S. sports shutdown has hit all sportsbooks, including the most significant online companies and those in Las Vegas, one sector has thrived.

July 15, 2020
tags
technology

Tips for Organizing a Vacation

Going on a vacation is an extremely fun and relaxing time. However, planning and organizing a vacation can actually be quite stressful, and it can easily cause you a few headaches.

June 19, 2020
tags
travel

The Important Guides for online Bong88 Sports Betting

Sports betting is the human activity of predicting sports results and placing a specific amount of money on the outcome. Many people love sports betting, and the frequency of bet differs by culture, mostly on football, basketball, baseball, hockey, cycling, car racing, and many other sports fields. Sports betting is also done on non-athletic events. The craze of sports betting is increasing per day by day. There are many platforms where you can do sports betting. As we know, today, the world is full of the internet, where the internet covers most of the platforms. So we can find lots […]

May 22, 2020
tags
gambling

Boxing Could Face Future Olympics Knockout Blow

The Olympic Games have long been regarded as the highest standard in the sport of amateur boxing, with fighters from all over the world battling through years of hard work to just make it to the tournament that only rolls around every four years.

May 12, 2020
tags
Olympics

4th Downs and Beyond: Coaches as Optimizers

Ran across a recent piece on the evolution of Jason Garrett's playing calling by Jonathan Bales of DC Times (an analytics based blog on the Dallas Cowboys and the NFL). When I first began studying Jason Garrett’s play-calling in 2009, perhaps his most blatant tendency was allowing previous play-calls to dictate his current ones. That was particularly true on second down, when Garrett would often run if he had passed on first down and pass if he had run. The thinking, in all likelihood, was to “mix it up” in order to keep the defense guessing. In attempting to randomize […]

May 12, 2020
tags
manager efficiency

NCAA Sanctions and Economic Impact

TSE readers know that we here at TSE roll our eyes at economic impact claims regarding sports and economic development.   So when I saw that the governor of Pennsylvania was filing suit against the NCAA regarding the sanctions handed down on Penn State, I raised an eyebrow Spock-wise. The projected loss to the state's economy combined with the hit to Penn State's prestige are the basis for Gov.  Tom Corbett's lawsuit to have the sanctions, including a $60 million fine and a four-year ban from lucrative postseason bowl games, thrown out. Legal and strategic questions notwithstanding, we're talking about an […]

May 12, 2020
tags
economic impact

A Few Words about the Late Ronald Coase and Sports

The Nobel laureate economist Ronald Coase died last Monday at age 102.  Coase's important contribution to economics was in showing the importance of transactions costs in why people make particular choices. He is most well-known by the "theorem" that bears his name, the Coase theorem.  Developed in his 1960 paper "The Problem of Social Cost", Coase argued in his "theorem" (named the Coase Theorem later by another Nobel laureate, George Stigler) that when transactions costs are sufficiently low and when property rights are well-defined, then private negotiations can solve the problem of external costs.  He also argued something that he […]

May 12, 2020
tags
Invariance Hypothesis

Is Peyton Manning Immune to Age?

Six games into the season, Denver Broncos quarterback Peyton Manning has thrown for 22 touchdowns and only 2 interceptions. If he continues at or near his present pace, he will generate the best statistical season of his career and one of the best by any quarterback ever, while at the age of 37. How long can he sustain this level of performance? Sometimes, sports commentators let their sentiment run wild when it comes to long-lived and well-liked players like Manning or the Yankees' Derek Jeter and make statements to the effect that they can continue as long as they have […]

May 12, 2020
tags
Uncategorized

Edmonton Arena Deal Finalized

The Edmonton City Council passed a bill yesterday authorizing a package amounting to $480 million in funding for construction of a new arena in downtown Edmonton.  This appears to end more than 5 years of bickering over the financing of this proposed new arena.  This $480 million dollars in financing is assumed to cover the entire construction costs of the facility, excluding land and other related infrastructure like roads, sewerage, and utilities.   The details of the financing are almost too complicated to cover in a blog post, as the financing mix consists of a mish-mash of local, provincial, and private […]

May 12, 2020
tags
Canada

Ice Hockey Success in the Sun Belt

A couple of weeks ago I was contacted by John Miller about a story he was writing on the Phoenix Coyotes. As readers of EZDzine are well aware, evidence that sports franchises and stadium and arena construction generate large impetus to economic growth and urban development exists only in the minds and reports of consultants to sport franchises and their rent-seeking employers. Subsidies for such activities is especially troubling when city and state budgets are in disarray with service reductions and layoffs of public employees from teachers to police and firefighters. Miller's story, Taxpayers take the puck, describes […]

May 12, 2020
tags
economic development