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Author: Ronald W. Cox
Publisher: McFarland
ISBN: 0786422203
Category : Sports & Recreation
Languages : en
Pages : 213
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Book Description
As early as the 1880s, baseball owners and sportswriters were decrying the greediness of players as the leading threat to the national pastime. Nearly a century later in 1976, the Player's Association was able to finally tear down baseball's permanent reserve clause--the contract language that essentially bound a player to a single team until he was released or traded--and owners and sportswriters again insisted that the competitive balance of the game was threatened by player greed. The rhetoric from the baseball establishment did not match the on-field reality. From 1981 to 1993, the first significant era of free agency in the sport's history, all 12 of the National League's teams finished first at least once, as did 11 American League teams. From 1994 through 2001, however, there was a pronounced separation in strength between the haves and have-nots, as the local revenue streams of major markets such as New York and Boston overwhelmed the capabilities of small market franchises in such cities as Tampa, Montreal, and Milwaukee. This work examines how the sport has prospered and suffered during the free agency era, based in large part on how the game's various revenue streams are allocated. It further examines the revenue sharing plan in baseball's current collective bargaining agreement, identifying flaws that may well undermine its long-term effectiveness. It also explores how the baseball expertise of some organizations has allowed them to flourish despite the lack of revenue.
Author: Ronald W. Cox
Publisher: McFarland
ISBN: 0786422203
Category : Sports & Recreation
Languages : en
Pages : 213
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Book Description
As early as the 1880s, baseball owners and sportswriters were decrying the greediness of players as the leading threat to the national pastime. Nearly a century later in 1976, the Player's Association was able to finally tear down baseball's permanent reserve clause--the contract language that essentially bound a player to a single team until he was released or traded--and owners and sportswriters again insisted that the competitive balance of the game was threatened by player greed. The rhetoric from the baseball establishment did not match the on-field reality. From 1981 to 1993, the first significant era of free agency in the sport's history, all 12 of the National League's teams finished first at least once, as did 11 American League teams. From 1994 through 2001, however, there was a pronounced separation in strength between the haves and have-nots, as the local revenue streams of major markets such as New York and Boston overwhelmed the capabilities of small market franchises in such cities as Tampa, Montreal, and Milwaukee. This work examines how the sport has prospered and suffered during the free agency era, based in large part on how the game's various revenue streams are allocated. It further examines the revenue sharing plan in baseball's current collective bargaining agreement, identifying flaws that may well undermine its long-term effectiveness. It also explores how the baseball expertise of some organizations has allowed them to flourish despite the lack of revenue.
Author: G. Edward White
Publisher: Princeton University Press
ISBN: 140085136X
Category : Sports & Recreation
Languages : en
Pages : 385
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Book Description
At a time when many baseball fans wish for the game to return to a purer past, G. Edward White shows how seemingly irrational business decisions, inspired in part by the self-interest of the owners but also by their nostalgia for the game, transformed baseball into the national pastime. Not simply a professional sport, baseball has been treated as a focus of childhood rituals and an emblem of American individuality and fair play throughout much of the twentieth century. It started out, however, as a marginal urban sport associated with drinking and gambling. White describes its progression to an almost mythic status as an idyllic game, popular among people of all ages and classes. He then recounts the owner's efforts, often supported by the legal system, to preserve this image. Baseball grew up in the midst of urban industrialization during the Progressive Era, and the emerging steel and concrete baseball parks encapsulated feelings of neighborliness and associations with the rural leisure of bygone times. According to White, these nostalgic themes, together with personal financial concerns, guided owners toward practices that in retrospect appear unfair to players and detrimental to the progress of the game. Reserve clauses, blacklisting, and limiting franchise territories, for example, were meant to keep a consistent roster of players on a team, build fan loyalty, and maintain the game's local flavor. These practices also violated anti-trust laws and significantly restricted the economic power of the players. Owners vigorously fought against innovations, ranging from the night games and radio broadcasts to the inclusion of African-American players. Nonetheless, the image of baseball as a spirited civic endeavor persisted, even in the face of outright corruption, as witnessed in the courts' leniency toward the participants in the Black Sox scandal of 1919. White's story of baseball is intertwined with changes in technology and business in America and with changing attitudes toward race and ethnicity. The time is fast approaching, he concludes, when we must consider whether baseball is still regarded as the national pastime and whether protecting its image is worth the effort.
Author: Michael A. Leeds
Publisher: Routledge
ISBN: 1315510596
Category : Business & Economics
Languages : en
Pages : 478
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Book Description
For undergraduate courses in sports economics, this book introduces core economic concepts developed through examples from the sports industry. The sports industry provides a seemingly endless set of examples from every area of microeconomics, giving students the opportunity to study economics in a context that holds their interest. The Economics of Sports explores economic concepts and theory of industrial organization, public finance, and labor economics in the context of applications and examples from American and international sports.
Author: James P. Quirk
Publisher: Princeton University Press
ISBN: 0691187940
Category : Sports & Recreation
Languages : en
Pages : 583
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Book Description
Why would a Japanese millionaire want to buy the Seattle Mariners baseball team, when he has admitted that he has never played in or even seen a baseball game? Cash is the answer: major league baseball, like professional football, basketball, and hockey, is now big business with the potential to bring millions of dollars in profits to owners. Not very long ago, however, buying a sports franchise was a hazardous investment risked only by die-hard fans wealthy enough to lose parts of fortunes made in other businesses. What forces have changed team ownership from sports-fan folly to big-business savvy? Why has The Wall Street Journal become popular reading in pro sports locker rooms? And why are sports pages now dominated by economic clashes between owners and players, cities with franchises and cities without them, leagues and players' unions, and team lawyers and players' lawyers? In answering these questions, James Quirk and Rodney Fort have written the most complete book on the business and economics of professional sports, past and present. Pay Dirt offers a wealth of information and analysis on the reserve clause, salary determination, competitive balance in sports leagues, the market for franchises, tax sheltering, arenas and stadiums, and rival leagues. The authors present an abundance of historical material, much of it new, including team ownership histories and data on attendance, TV revenue, stadium and arena contracts, and revenues and costs. League histories, team statistics, stories about players and owners, and sports lore of all kinds embellish the work. Quirk and Fort are writing for anyone interested in sports in the 1990s: players, players' agents, general managers, sportswriters, and, most of all, sports fans.
Author: J.C. Bradbury
Publisher: Penguin
ISBN: 9780452289024
Category : Sports & Recreation
Languages : en
Pages : 356
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Book Description
Freakonomics meets Moneyball in this provocative exposé of baseball’s most fiercely debated controversies and some of its oldest, most dearly held myths. Providing far more than a mere collection of numbers, economics professor and popular blogger J.C. Bradbury shines the light of his economic thinking on baseball, exposing the power of tradeoffs, competition, and incentives. Utilizing his own “sabernomic” approach, Bradbury dissects baseball topics such as: • Did steroids have nothing to do with the recent homerun records? Incredibly, Bradbury’s research reveals steroids probably had little impact. • Which players are ridiculously overvalued? Bradbury lists all players by team with their revenue value to the team listed in dollars—including a dishonor role of those players with negative values—updated in paperback to include the 2007 season. • Does it help to lobby for balls and strikes? Statistics alone aren’t enough anymore. This is a refreshing, lucid, and powerful read for fans, fantasy buffs, and players—as well as coaches at all levels—who want to know what is really happening on the field.
Author: Stephen F. Ross
Publisher: Stanford University Press
ISBN: 080476977X
Category : Business & Economics
Languages : en
Pages : 233
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Book Description
Fans of baseball, football, basketball, and hockey have long been exploited and oppressed by the monopolistic practices of team owners. The time has come for a revolution in the organization of major U.S. sports! Fans of the World, Unite! is a clarion call to sports fans. Appealing to anyone who is in despair due to the greed and incompetence of team owners, this book proposes a significant restructuring of sports leagues. It sets out a rational program for a revolution that will serve the best interests of the fans and of the sport itself. But Stephen F. Ross and Stefan Szymanski are no Marxists: they show how a revolution in the organization of sports might even benefit the owners. By harnessing the power of markets, sports leagues can be made both more responsive to the needs of the fans, and more efficient. Ross and Szymanski have spent many years evaluating the ways in which leagues work across the globe. Drawing on their extensive study of leagues, the authors boil down their plan to two major reforms. Borrowing from NASCAR, they propose that team owners should not own sports leagues as well. Rather, league ownership should be separate. Their second proposal is drawn from soccer: introduce competition through a promotion and relegation system. In this type of system, the worst teams in the league are kicked out at the end of the season and replaced by the best performing teams in the next division down. This gives poor performing teams incentive to step up their game, and allows fresh blood to enter the leagues if the poor performers fail to do so. The main goal of these reforms is to align the financial interest of those who own the league with the best interests of the fans and the sport. Having laid out the problem and the solution, the authors skillfully address practical implications of introducing their scheme, suggesting how leagues might at least make some changes, if not all of those suggested. The time for change has come! Armed with this book, and with fairness on their side, fans can set forth to begin a revolution.
Author: David Berri
Publisher: Stanford University Press
ISBN: 0804758441
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
The Wages of Wins is a proper analysis of the data generated by professional sports; it tells many tales that are inconsistent with the myths put forward by the media, industry, and consumers of professional sport.
Author: Roger Abrams
Publisher: Temple University Press
ISBN: 156639774X
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
Professional baseball players have always been well paid. In 1869, Harry Wright paid his Cincinnati Red Stockings about seven times what an average working-man earned. Today, on average, players earn more than fifty times the average worker's salary. In fact, on December 12, 1998, pitcher Kevin Brown agreed to a seven-year, $105,000,000 contract with the Los Angeles Dodgers, the first nine-figure contract in baseball history. Brown will be earning over $400,000 per game; more than 17,000 fans have to show up at Dodger Stadium every night just to pay his salary. Why are baseball players paid so much money? In this insightful book, legal scholar and salary arbitrator Roger Abrams tells the story of how a few thousand very talented young men obtain their extraordinary riches. Juggling personal experience and business economics, game theory and baseball history, he explains how agents negotiate compensation, how salary arbitration works, and how the free agency "auction" operates. In addition, he looks at the context in which these systems operate: the players' collective bargaining agreement, the distribution of quality players among the clubs, even the costs of other forms of entertainment with which baseball competes. Throughout, Dean Abrams illustrates his explanations with stories and quotations -- even an occasional statistic, though following the dictum of star pitcher, club owner, and sporting goods tycoon Albert Spalding, he has kept the book as free of these as possible. He explains supply and demand by the cost of a bar of soap for Christy Mathewson's shower. He illustrates salary negotiation with an imaginary case based on Roy Hobbs, star of The National. He leads the reader through the breath-taking successes of agent Scott Boras to explain the intricacies of free agent negotiating. Although studies have shown that increases in admissions prices precede rather than follow the rise in player salaries, fans are understandably bemused by skyrocketing salaries. Dean Abrams does not shy away from the question of whether it is "fair" for an athlete to earn more than $10,000,000 a year. He looks at issues of player (and team) loyalty and player attitudes, both today and historically, and at what increased salaries have meant for the national pastime, financially and in the eyes of its fans. The Money Pitch concludes that "the money pitch is a story of good fortune, good timing, and great leadership, all resulting from playing a child's game -- a story that is uniquely American."
Author: Paul C. Weiler
Publisher: Harvard University Press
ISBN: 0674045025
Category : Law
Languages : en
Pages : 385
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Book Description
The world of sports seems entwined with lawsuits. This is so, Paul Weiler explains, because of two characteristics intrinsic to all competitive sports. First, sporting contests lose their drama if the competition becomes too lopsided. Second, the winning athletes and teams usually take the "lion's share" of both fan attention and spending. So interest in second-rate teams and in second-rate leagues rapidly wanes, leaving one dominant league with monopoly power. The ideal of evenly balanced sporting contests is continually challenged by economic, social, and technological forces. Consequently, Weiler argues, the law is essential to level the playing field for players, owners, and ultimately fans and taxpayers. For example, he shows why players' use of performance-enhancing drugs, even legal ones, should be treated as a more serious offense than, say, use of cocaine. He also explains why proposals to break up dominant leagues and create new ones will not work, and thus why both union representation of players and legal protection for fans--and taxpayers--are necessary. Using well-known incidents--and supplying little-known facts--Weiler analyzes a wide array of moral and economic issues that arise in all competitive sports. He tells us, for example, how Commissioner Bud Selig should respond to Pete Rose's quest for admission to the Hall of Fame; what kind of settlement will allow baseball players and owners to avoid a replay of their past labor battles; and how our political leaders should address the recent wave of taxpayer-built stadiums.
Author: John Klima
Publisher: Macmillan
ISBN: 1250015146
Category : Sports & Recreation
Languages : en
Pages : 354
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Book Description
The rip-roaring story of baseball's most unlikely champions, featuring interviews with Henry Aaron, Bob Uecker and other members of the Milwaukee Braves, Bushville Wins! takes you to a time and place baseball and the Heartland will never forget. "Bushville hits the sweet spot of my childhood, the year my family moved to Wisconsin and the Braves won the World Series against the Yankees, a team my Brooklyn-raised dad taught us to hate. Thanks to John Klima for bringing it all back to life with such vivid detail and energetic writing." -- David Maraniss, New York Times bestselling author of Clemente and When Pride Still Mattered In the early 1950s, the New York Yankees were the biggest bullies on the block. They were invincible: they led the New York City baseball dynasty, which for eight consecutive years held an iron grip on the World Series championship. Then the Boston Braves moved to Milwaukee in 1953, becoming surprise revolutionaries. Led by visionary owner Lou Perini, the Braves formed a powerful relationship with the Miller Brewing Company and foreshadowed the Dodgers and Giants moving west, sparking continental expansion and the ballpark boom. But the rest of the country wasn't sold. Why would a major league team move to a minor league town? In big cities like New York, Milwaukee was thought to be a podunk train station stop-off where the fans were always drunk and wouldn't know a baseball from a beer. They called Milwaukee Bushville. The Braves were no bushers! Eddie Mathews was a handsome home run hitter with a rugged edge. Warren Spahn was the craftiest pitcher in the business. Lew Burdette was a sharky spitball artist. Taken together, the Braves reveled in the High Life and made Milwaukee famous, while Wisconsin fans showed the rest of the country how to crack a cold one and throw a tailgate party. And in 1954, a solemn and skinny slugger came from Mobile to Milwaukee. Henry Aaron began his march to history. With a cast of screwballs, sluggers and beer swiggers, the Braves proved the guys at the corner bar could do the impossible - topple Casey Stengel's New York baseball dynasty in a World Series for the ages.
