Everything You Need To Know Before The 2021 Melbourne Cup

The Melbourne Cup is the richest handicap race run on turf over 3200m in the world of racing but it is also so much more.

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 […]

NCAA coaches charged with fraud and corruption

Hmm, am I shocked? No, not really. However, I am a little shocked that it was the Feds that caught them. Student-athletes are worth a lot of money to the schools and the brands that sponsor the schools. As such, we expect there to be a strong incentive for places to find ways to convince these student-athletes to go to their school (or brand). And schools have always done this through relatively inefficient means: nicer locker rooms, weight rooms, and other facilities; hiring personal chefs and personal trainers; and even paying professional coaches to leave the big leagues and come […]

Online Sports Betting

There are a number of different ways to place online-betting.org on sporting events.

The Sports Lover’s Guide to Life

If you’re a serious sports fan, you see the world a little bit differently while the coronavirus has put sports to a halt. Not everyone can understand why a person would be intensely loyal to a team full of strangers; not everyone can understand why playing a sport in high school, college, or even the pros would mean so much to some of us. That's something we can't do right now while COVID-19 ravages the world. Being really into sports means different things to different people, but it’s easy to recognize the sports-obsessed. They’re the ones waking up early to […]

How To Help Your Chances Of Winning When Football Betting

Football betting is common around the world. In fact, some people bet as much as millions on premier league matches.

3 NFL Hype Jobs That Everyone Should be Hedging Against

As a new NFL season rumbles into view on every sports fan’s horizon, many are already looking for how to get ahead of the game and take advantage of misconceptions stirred up during the draft and pre-season training camps.

The Only 3 Ways to Win at Sports Betting

Everyone wants to win. Being successful at something, regardless of what it is, makes us feel good and usually comes with a certain set of benefits.

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 […]

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 […]

Cubsidies: The Cubbies Want in on the Subsidy Action

The ownership of the Chicago cubs want to restore Wrigley Field and, surprise, surprise, surprise, they want public funding.  Here's Phil Rogers of the Chicago Tribune: The round figure being thrown around for Wrigley updating is $500 million, with $300 million going to the ballpark itself and $200 million going to the long-proposed "triangle building'' adjacent to the park. It has been reported that the team will construct the building itself but would like about $150 million in public funding to help pay for the ballpark improvements. Here's what Rogers has to say on the subject of economic impact: You […]

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 […]