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baseball economics

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Baseball Inc.: The Genesis
Forget the notion of baseball as America's Pastime — it's also one of America's savviest businesses. From its origins amid scandal to its modern-day experiments in online media and revenue sharing, here's how the business of Major League Baseball evolved. Organizational Structure After the 1919...
Tags: Revenue, Team, MLB, Baseball, Commissioner, Federal League, Baseball Economics, Revenue Sharing, Team Management, Management, David Jacobson, Major League Baseball, BNET Briefing, Labor, Salaries
Articles 2008-07-11

Additional Resources

Baseball, The Great American Business Model: The Genesis
Forget the notion of baseball as America’s Pastime — it’s also one of America’s savviest businesses. From its origins amid scandal to its modern-day experiments in online media and revenue sharing, here’s how the business of Major League Baseball evolved. Organizational Structure After the 1919...
Tags: Revenue, Team, MLB, Baseball, Commissioner, Federal League, Revenue Sharing, Sweet Spot Now, Team Management, Management, Major League Baseball, BNET Feature, Labor, Salaries, David Jacobsen
Articles 2008-07-14
Will baseball strike out again? Commissioner Bud Selig's favorite words are hope and faith. But Major League Baseball's fractious labor situation translates them as distrust and disharmony
Major League Baseball's (MLB's) owners and players open the 2002 season without a basic labor agreement; the previous one expired in November after the World Series. Negotiations toward a new deal remain stuck at the starting line. The players are proceeding with a grievance against the owners' plan to eliminate...
Tags: FINANCE, MLB, revenue, team
Research articles 2002-04-29
Using baseball card prices to measure star quality and monopsony
I. INTRODUCTION Measuring productivity presents problems in many areas of economics. This is especially true in sports economics, where appropriate indicators of individual productivity apart from team productivity have been the subject of much debate and where the issue of fairness in compensation has become especially contentious in recent...
Tags: Baseball, MLB, performance, quality, Quality, revenue, Salary, team
Research articles 2002-10-01
MLB's Revenue-Sharing Formula
MLB's revenue-sharing program prevents large-market teams, like the Yankees and Red Sox, from dominating the league every year. Here's how the program affects revenues, payroll, and the competitive balance of baseball. Identifying the Imbalance In 1999, a “blue ribbon” panel...
Tags: Revenue, Team, MLB, Payroll, Washington University, Team Management, Operational Accounting, Management, Finance, David Jacobson, Baseball, Major League Baseball, Business Model, BNET Feature, Competition, Franchise
Articles 2008-07-14
Not cricket: baseball. (the business economics of professional baseball)
Baseball franchise owners have let players' salaries rise astronomically, believing that revenue would never be a problem. But stadium attendance and televised games have been losing money. Many of the financial problems of baseball result from an unbalanced mix of competition and cooperation.IT SEEMS a strange way to run a...
Tags: baseball, FINANCE, MLB, revenue, salary, team
Research articles 1994-08-13
Baseball boosters are way off base, critic claims. (interview with Indiana University School of Public and Environmental Affairs Associate Dean Mark Rosentraub)(Interview)
Mark Rosentraub is associate dean of the School of Public and Environmental Affairs at Indiana University at Indianapolis. He studies sports economics and wrote Major League Losers: The Real Cost of Sports And Who's Paying For It. With the Minnesota TwMark Rosentraub is associate dean of the...
Tags: Indiana University
Research articles 1998-11-01
Take me out …
May the Best Team Win: Baseball Economics and Public Policy, Andrew Zimbalist, Washington, DC: Brookings Institution Press, 2003. Competition in baseball, as in other professional sports leagues, is an unusual concept. While Home Depot grows stronger if rival hardware stores shut down, even baseball's strongest teams need competitors that...
Tags: antitrust, baseball, FINANCE, MLB, revenue, team
Research articles 2003-06-22
Former Major League Baseball commissioner Kuhn dies
NEW YORK AFP — Bowie Kuhn, whose tenure as Major League Baseball commissioner saw the emergence of free agency and a major shift in the economics of the game, died Thursday at the age of 80. "He was a close friend, a respected leader, and an impressive figure in...
Tags: Agence France-Presse, agency, baseball, Games, MLB, TV
Research articles 2007-03-15
Brookings Book Launch: 'May the Best Team Win'; New Book Asks, Are Baseball's Business Practices Ruining the Game?
News Advisory: WHAT:A Brookings Book Launch-- Are Baseball's Business Practices Ruining the Game?"May the Best Team Win," a new book by Andrew Zimbalist WHEN:Friday, April 258:30 a.m. -- 10:30 a.m. WHERE:National Press Club13th Floor, Ballroom529 14th Street, NWWashington, D.C. WHO: HENRY J. AARONBruce and Virginia MacLaury Chair Senior Fellow, Economic...
Tags: antitrust, baseball, Brookings Institution, Games, MLB, professor, team
Research articles 2003-04-17
A unified theory of capital and labor markets in major league baseball
- John McMullen, 1979, former New York Yankees minority owner and former Houston Astros majority owner.The economics of professional sports has been relegated to the realm of labor theory by the assumption that owners of sports franchises are simply maximizers of profit in vacuo. Theory developed within this vacuum [11;...
Tags: agency, Alpha, Delta, equity, FINANCE, financial, franchise, league, MARKETING, Miller, MLB, Omega, revenue, Rose, talent, team, theory
Research articles 1997-01-01
Baseball: Boston's Daubach becomes free agent.
Dec 20, 2002 The Sports Network via COMTEX Boston, MA Sports Network - Red Sox first baseman Brian Daubach was not offered a contract for the 2003 season, making the 30-year-old a free agent. According to Boston general manager Theo...
Tags: The Sports Network
Research articles 2002-12-21
Creative Investment Idea for Baseball Fans, Economists
Imagine you've ponied up for an MBA, PhD, or a decade of world-class sports coaching. You're looking for a job, but you could use some cash now. In the future, you're likely to have substantial earnings but that's no help to you at the moment. Or is it? ...
Tags: Financial Accounting, Investment, Recruitment & Selection, Earnings, Benefits, IPO, Mike, Salary, Jessica Stillman, Finance, Workforce Management, Human Resources, Financial Services
Blog posts 2008-01-23
The Economics of Assimilation
Americans seem increasingly worried about immigration. A 2006 Pew Research Center poll suggested that 44 percent of Americans believe that immigrants today are unwilling to assimilate â€" you know, learn English and pretend to like baseball more than soccer. That fear â€" or rather the reverse of...
Tags: Sales Force Management, Business, Immigrant, Incentive, Sales, Michael Mattis
Blog posts 2008-02-26
The income tax responsiveness of the rich: evidence from free agent major league Baseball all-stars
1. INTRODUCTION Policy revolving around the taxation of the rich is frequently a topic of both positive and normative debate. On the normative side, the issues of tax code progressiveness and tax burden equity typically dominate the discussion of the appropriate income tax rates that the affluent should face....
Tags: agent, FINANCE, income, M., Migration, MLB, salary, Taxes, team
Research articles 2007-10-01
Dallas Federal Reserve Chief Sees Economic Growth Continuing.(Knight Ridder/Tribune Business News)
Jan. 25--In economics, as in baseball, Yogi Berra had it right: You can learn a lot just by watching. Jan. 25--In economics, as in baseball, Yogi Berra had it right: You can learn a lot just by watching.
Tags: Federal Reserve Board
Research articles 2000-01-25
MLB's Labor and R&D Formula
MLB's basic labor structure, in place for more than 30 years now, keeps players from charging the full amount their skills would draw on the open market for at least six years, allowing savvy teams to get young talent on the cheap. ...
Tags: Revenue, Team, MLB, R&D, Player, VORP, Team Management, Management, David Jacobson, Baseball, Major League Baseball, Business Model, BNET Feature, EBITDA
Articles 2008-07-11
Thorstein Veblen, Ty Cobb, and the evolution of an institution
A thorough examination of the by-laws of the Association for Evolutionary Economics revealed no prohibition against having a little fun during a presidential address. So, this is a perfect occasion to say a few words about two of my long-time intellectual passions: institutional economics and the institution of baseball. The...
Tags: baseball, Baseball, Games, Gordon, Hudson, MLB, revenue, stadium, team
Research articles 2004-06-01
The Seattle Times Economic Memo Column.
By Stephen H. Dunphy, The Seattle Times Knight Ridder/Tribune Business News Oct. 14--TAKE ME OUT TO THE BALLGAME: Economics and business news are becoming more important as the events of the past few years have shown, with soaring and diving stock markets, talk of...
Tags: Seattle Times Co.
Research articles 2001-10-14
Dodgers name DePodesta new general manager
LOS ANGELES AFP ? Major League Baseball's Los Angeles Dodgers named Paul DePodesta the club's sixth general manager in less than six years, hoping he can rebuild the team into championship form. DePodesta, 31, has served under Billy Beane as assistant general manager of the Oakland Athletics since November...
Tags: Agence France-Presse, FINANCE
Research articles 2004-02-16
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