Relocating Teams and Expanding Leagues in Professional Sports PDF Download
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Author: Frank P. Jozsa
Publisher: Bloomsbury Publishing USA
ISBN: 0313371504
Category : Business & Economics
Languages : en
Pages : 225
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Book Description
In the business of professional league sports, market conditions are the key determinate of the financial success or failure of a team. In the last few years, major league sports has experienced both growth into new markets and relocations of existing teams. Owners and the leagues use demographics, economic data, and governmental support to decide on where and when to expand and relocate. This book examines the sports business from 1950 through 2000. Historical demographic, economic, and team-related data provide the context. The authors apply metropolitan area statistics such as population growth and income, game attendance, and estimated market values to examine the business decisions made by individual teams in professional baseball, football, and basketball. The book looks at specific teams in terms of their long-term viability as a franchise and ranks their performances in economic and business terms. It also examines the related issues of taxpayer subsidies for new venues and the economic impact of professional sports on cities and regions. The book is a fascinating and comprehensive look at the business of sports and its place in American society, business, and economics.
Author: Frank P. Jozsa
Publisher: Bloomsbury Publishing USA
ISBN: 0313371504
Category : Business & Economics
Languages : en
Pages : 225
Get Book Here
Book Description
In the business of professional league sports, market conditions are the key determinate of the financial success or failure of a team. In the last few years, major league sports has experienced both growth into new markets and relocations of existing teams. Owners and the leagues use demographics, economic data, and governmental support to decide on where and when to expand and relocate. This book examines the sports business from 1950 through 2000. Historical demographic, economic, and team-related data provide the context. The authors apply metropolitan area statistics such as population growth and income, game attendance, and estimated market values to examine the business decisions made by individual teams in professional baseball, football, and basketball. The book looks at specific teams in terms of their long-term viability as a franchise and ranks their performances in economic and business terms. It also examines the related issues of taxpayer subsidies for new venues and the economic impact of professional sports on cities and regions. The book is a fascinating and comprehensive look at the business of sports and its place in American society, business, and economics.
Author: United States. Congress. House. Committee on the Judiciary
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 414
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Book Description
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 142
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Book Description
Author: Brandon Scott Lobb
Publisher:
ISBN:
Category :
Languages : en
Pages : 254
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Book Description
Author: United States. Congress. House. Committee on the Judiciary
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 402
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Book Description
Author: Charles C. Euchner
Publisher: JHU Press
ISBN: 9780801849732
Category : Law
Languages : en
Pages : 236
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Book Description
Can a sports franchise "blackmail" a city into getting what it wants—a new stadium, say, or favorable leasing terms—by threatening to relocate? In 1982, the owners of the Chicago White Sox pledged to keep the team in Chicago if the city approved a $5-million tax-exempt bond to finance construction of luxury suites at Comiskey Park. The city council approved it. A few years later, when Comiskey Park was in need of renovation, the owners threatened to move the team to Florida unless a new stadium was built. A site was chosen near the old stadium, property condemned, residents evicted, and a new stadium built. "We had to make threats," the owners said. "If we didn't have the threat of moving, we wouldn't have gotten the deal." "Sports is not a dominant industry in any city," writes Charles Euchner, "yet it receives the kind of attention one might expect to be lavished on major producers and employers." In Playing the Field, Euchner looks at why sports attracts this kind of attention and what that says about the urban political process. Examining the relationships between Los Angeles and the Raiders, Baltimore and the Colts and the Orioles, and Chicago and the White Sox, Euchner argues that, in the absence of public standards for equitable arbitration between cities and teams, the sports industry has the ability to steer negotiations in a way that leaves cities vulnerable. According to Euchner, this greater leverage of sports franchises is due, at least in part, to their overall economic insignificance. Since the demands of a franchise do not directly affect many interest groups, opponents of stadium projects have difficulty developing coalitions to oppose them. The result is that civic leaders tend to succumb to the blackmail tactics of professional sports, rather than developing and supporting sound economic policies.
Author: Stefan Szymanski
Publisher: Brookings Institution Press
ISBN: 9780815782599
Category : Sports & Recreation
Languages : en
Pages : 292
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Book Description
Szymanski and Zimbalist pay special attention to the rich and complex evolution of baseball from its beginnings in America, and they trace modern soccer from its foundation in England through its subsequent expansion across the world.
Author: Joseph Weinberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 29
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Book Description
Abstract: Although seven NFL franchises moved cities during the fifteen-year time period between 1982 and 1997, none of the relocations' aftermath and fallout compared to that of the Browns move to Baltimore. Even though the team itself was physically relocated to Baltimore, the spirit of the Browns remained in Cleveland. The city obtained the rights to the name, colors, logo, tradition, and history of the Cleveland Browns through a historic deal. This particular franchise relocation changed the landscape of franchise free agency and established an important precedent. The Cleveland Browns' move to Baltimore was a unique exception to the norm in franchise relocation and it created a new model that has already been followed and should continue to be followed in the future.
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Business Rights, and Competition
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 140
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Book Description
Author: Daniel A. Rascher
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
All three sections in this chapter are interrelated. Expansions and relocations, especially in the early years of a league, are often the response to upstart rival leagues. More recently, relocations have occurred because another city offers a better facility lease regardless of whether the league as a whole is better off or not. Relocations, more so than expansions, often end up in court whether as an antitrust case accusing the league of monopolistically restricting business or as an eminent domain suit attempting to prevent a team from relocating. Recent rulings have allowed a league to enforce a relocation fee that is commensurate with the harm caused to the rest of the league because of the move. Rivalries often begin with a few teams in major cities competing head-to-head with the existing dominant league. Inevitably, the sport ends up with one major league providing top level play, begging the question of whether sports leagues are natural monopolies. This occurs either with a merger, a partial merger, an acquisition or, most commonly, a failed rival league. Often the incumbent league emerges from the rivalry a stronger, more stable business, having been forced to address a weakness exploited by the rival (e.g., MLB failing to recognize the western markets). Additionally, the new locations of franchises have often been vetted by the upstart rival to determine which few are most profitable and sustainable.
