The Bottom Line: Observations and Arguments on the Sports Business

In The Bottom Line, one of the foremost sports economists writing today, Andrew Zimbalist (National Pastime), analyzes the "net value" of sports. He examines motives for why owners buy franchises, the worth of the players and the profitability of teams, and the importance of publicly funded stadiums. In the essays collected here—which appeared in publications like The New York Times, Sports Business Journal, and The Wall Street Journal from 1998-2006—Zimbalist considers the current state of organized sports, from football and baseball to basketball, hockey, and soccer. He also addresses antitrust and labor relations issues, gender equity concerns, collegiate athletics, and the regulation of steroid use, providing readers with a better understanding of the business of sports and the sports business—and what makes both tick.

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The Bottom Line: Observations and Arguments on the Sports Business

In The Bottom Line, one of the foremost sports economists writing today, Andrew Zimbalist (National Pastime), analyzes the "net value" of sports. He examines motives for why owners buy franchises, the worth of the players and the profitability of teams, and the importance of publicly funded stadiums. In the essays collected here—which appeared in publications like The New York Times, Sports Business Journal, and The Wall Street Journal from 1998-2006—Zimbalist considers the current state of organized sports, from football and baseball to basketball, hockey, and soccer. He also addresses antitrust and labor relations issues, gender equity concerns, collegiate athletics, and the regulation of steroid use, providing readers with a better understanding of the business of sports and the sports business—and what makes both tick.

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The Bottom Line: Observations and Arguments on the Sports Business

The Bottom Line: Observations and Arguments on the Sports Business

by Andrew Zimbalist
The Bottom Line: Observations and Arguments on the Sports Business

The Bottom Line: Observations and Arguments on the Sports Business

by Andrew Zimbalist

eBook

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Overview

In The Bottom Line, one of the foremost sports economists writing today, Andrew Zimbalist (National Pastime), analyzes the "net value" of sports. He examines motives for why owners buy franchises, the worth of the players and the profitability of teams, and the importance of publicly funded stadiums. In the essays collected here—which appeared in publications like The New York Times, Sports Business Journal, and The Wall Street Journal from 1998-2006—Zimbalist considers the current state of organized sports, from football and baseball to basketball, hockey, and soccer. He also addresses antitrust and labor relations issues, gender equity concerns, collegiate athletics, and the regulation of steroid use, providing readers with a better understanding of the business of sports and the sports business—and what makes both tick.


Product Details

ISBN-13: 9781592135141
Publisher: Temple University Press
Publication date: 06/17/2010
Sold by: Barnes & Noble
Format: eBook
Pages: 312
File size: 527 KB

About the Author

Andrew Zimbalist is Robert A. Woods Professor of Economics at Smith College. His other books include (with Stefan Szymanski) National Pastime: How Americans Play Baseball and the Rest of the World Plays Soccer, and In the Best Interests of Baseball? The Revolutionary Reign of Bud Selig. He is also a member of the Editorial Board of The Journal of Sports Economics.

Table of Contents

Part I: Team Management, Finances, and Value

1 “So You Want to Own a Big-League Team?”

2 Capital Needs, Political Realities Fuel New Interest in Sports Offerings

3 A Miami Fish Story

4 Take Stock in the Tribe

5 Has Milstein Lost His Mind?: Not Hardly

6 “If the Redskins are Worth $800 Million…”

7 The NFL's New Math

8 Don't Cry for Woody

9 Ticket Prices and Player Salaries: The Real Story

10 Yes, It's About Money

11 The NFL's Economic Success

12 How Much are the Red Sox Worth?

13 MLB in the Aftermath of 9/11

14 ML by the Numbers, but Who's Buying?

15 Baseball by the Numbers NYT

16 The Mets are Worth More than $391 Million

17  The Sports Franchise Market is Stronger than Many Think

18 Flawed Financial Analysis of NHL Skates on Thin Ice

19 Baseball's New Numbers: Doom and Gloom or Blip and Fit?

20 Baseball's New Management Culture is a Work in Progress

21 $53 Million for Pedro?  How Do you Figure?


Part II: League Structure, Design and Performance

22 Fewer Families Own Sports Teams: It's Okay

23 If Competitive Balance Spoils the Show, Congress Waits in the Wings

24 Selig, Players Both Err Early Regarding Competitive Balance

25 Talent Decompression and Competitive Balance in Major League Baseball

26 Minor League Baseball: There's a Right Way and a Wrong Way

27 The Commissioner's New Clothes

28 Baseball's Competitive Balance and the Amateur Draft

29 Baseball's Blue Ribbon Commission: Good News and Bad News

30 NFL's Revenue Sharing Saps Will to Win?

31 The Sports Industry During Recessions

32 On Contraction, Selig Should Change His Mind Again

33 Un-Fair Ball

34 Competitive Balance is a Problem

35 How to Reform the NHL's Economic System

36 MLS Remains Minor League, World Cup Notwithstanding

37 Beantown's New Brain Trust Touches All the Fan Bases

38 The NFL's Report Card

39 Trading Deadline Activity Raises Issue of Baseball's Competitive Integrity

40 The Gold in Baseball's Diamond

41 What Went Wrong with WUSA?

42 Baseball's Short-Lived Rally

43 No Reason to Break Up the Yankees

44 More Financial Smoke and Mirrors from MLB

45 Enough Already: Time to Award DC a Franchise

46 Tweaking the NFL Juggernaut

47 Single Entity, Though Alluring, Won't Solve Hockey's Problems

48 British Soccer Fans, Kicked Again (with Stefan Szymanski)

49 The Final Word: McClatchy Is Barking Up the Wrong Tree


Part III: Stadiums: Financing, Mega-Events and Economic Development

50 Oral Testimony before the Committee on Commerce, on HR 2740, “Fan Freedom  and Community Protection Act of 1996”

51 What's BOB Really Worth to Phoenix?

52 Football Stadium Folly

53 When Teams Move, Protecting Both Fans and Owners is Tricky

54 Now You See the Patriots, Now You Don't: NFL Musical Chairs

55 Flawed Specter Bill Gets an A for Effort

56 A Tale of Facilities in Two Cities: Boston and Green Bay

57 Share of Ball Park: $16 a Year Miami Herald

58 Cards Offer is in the Ballpark

59 New York City can do Better

60 The NFL and Los Angeles: Here We Go Again

61 Live from NYC: Inflation, Traffic - and the Olympics!

62 Renovating the Stadiums: The Real Economic

63 Foxboro's Gillette Stadium - A Model for Others to Ponder

64 Games People Play

65 Straight Talk on Stadiums

66 More Benevolence in Stadium Games

67 NY Facility Triad is Good News

68 Economic Impact of the Olympics Doesn't Match the Hype


Part IV: Antitrust and Labor Relations

69 Take Me Out to the Cleaners

70 Batter Up, Already

71 Team Profitability and Labor Peace

72 This Bud's for a Salary Cap

73 Let the Market Rule the Basketball Court

74 The NBA Lockout: Who's Dropping the Ball?

75 The NBA Lockout: A Post-Mortem

76 NBA Players Doing Fine, Thank You

77 “Jordan Effect” Won't Rescue NBA

78 Contraction and Baseball's Antitrust Exemption?

79 Baseball's Addition Through Subtraction Just Doesn't Add Up?

80 Baseball's Game of Smoke and Mirrors

81 Baseball and DC for All the Wrong Reasons

82 All Right All You Lawyers, Play Ball!

83 Baseball: A Deal Can Get Done

84 Labor Relations Heating Up in the NBA

85 The New Baseball Labor Agreement in Already at Work

86 NHL: Time to Stop Blowing Smoke and Start Real Bargaining

87 A-Rod Capture Makes Dollars and Sense 88 What to do about the Hockey Mess

88 Hockey Owners Give their Sport a Slap Shot

89 Monopoly's Money


Part V: College Sports and Gender Equity

90 College Sports: Surplus or Deficit?

91 Make Freshmen Ineligible: Only Good Can Come of it

92 Real Reform, Not Tinkering is Needed in College Sports

93 The NCAA has Lost its Way

94 Unsportsmanlike Conduct

95 CBS' Big NCAA Deal is No Cure for What's Ailing College Sports

96 Win One for the Gipper

97 Backlash Against Title IX: An End Run Around Female Athletes

98 Has March Madness Gone Mad?

99 Pay for Play in College Sports: Think Twice

100 College Athletic Success and Donations: Evidence is Not Encouraging

101 NCAA's New Financial Status Report: Good News or Bad?

102: College is not for Everyone

103 Should College Athletes Be Paid? American Teacher

104 Making the (Up)Grade: Tougher than it Looks

105 Another Bowl Game Not What NCAA Needs

106 Numbers, Facts Don't Back Title IX Critics

107 The BCS is Ripe for Reform

108 Clarett Has a Compelling Case for NFL Eligibility

109 Let Jeremy Bloom Ski and Play Wide Receiver

110 Curb Coaches' Salaries and Preserve Title IX Gains


Part VI: Media and the Regulation of Steroids

111 Extreme is Mediocre and XFL is the Name

112 The Increasingly Complex Sports Media Landscape

113 No Easy Answers for MLB's Steroid Scandal

114: Reflections on the Super Bowl

115 In Steroids Hearings, Congress has its Eye on the Wrong Ball

116 Anti-Doping: Settle in for the Long Haul

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