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Sports teams and leagues: from a business necessity to dominating cartels

  • Robert Sandy
  • Peter J. Sloane
  • Mark S. Rosentraub

Abstract

Sporting events are profitable if total revenue exceeds total cost. Total revenue includes income from advertising, parking, concessions, the sale of luxury seating, the sale of tickets, broadcasting revenue, and public subsidies. As discussed in Chapter 3, competitive or exciting events attract more fans. The pay off from having competitors of similar strength differentiates sports from all other businesses.

Keywords

Sport Team National Football League Major League Baseball Competitive Balance Ticket Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Robert Sandy, Peter J. Sloane and Mark S. Rosentraub 2004

Authors and Affiliations

  • Robert Sandy
    • 1
  • Peter J. Sloane
    • 2
  • Mark S. Rosentraub
    • 3
  1. 1.Department of EconomicsIUPUI (Indiana University Purdue University of Indianapolis)USA
  2. 2.WELMERC (The Welsh Economy Labour Market Evaluation and Research Centre), Department of EconomicsUniversity of Wales SwanseaUK
  3. 3.Maxine Goodman Levin College of Urban AffairsCleveland State UniversityUSA

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