Free Agency And Competitive Balance In Baseball

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Free Agency and Competitive Balance in Baseball

Author : Ronald W. Cox
Publisher : McFarland
ISBN 13 : 0786422203
Total Pages : 213 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Free Agency and Competitive Balance in Baseball by : Ronald W. Cox

Download or read book Free Agency and Competitive Balance in Baseball written by Ronald W. Cox and published by McFarland. This book was released on 2005-11-29 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Baseball Research Journal

Author : Society for American Baseball Research (SABR)
Publisher : Baseball Research Journal
ISBN 13 : 9780910137829
Total Pages : 0 pages
Book Rating : 4.1/5 (378 download)

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Book Synopsis The Baseball Research Journal by : Society for American Baseball Research (SABR)

Download or read book The Baseball Research Journal written by Society for American Baseball Research (SABR) and published by Baseball Research Journal. This book was released on 2000-01-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents baseball research with a strong analytical approach. Made up of statistical studies, in-depth examinations of playing techniques, and articles focusing on baseball as a business, the Baseball Research Journal draws from the research efforts of members of the Society for American Baseball Research.

The Baseball Economist

Author : J.C. Bradbury
Publisher : Penguin
ISBN 13 : 9780452289024
Total Pages : 356 pages
Book Rating : 4.2/5 (89 download)

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Book Synopsis The Baseball Economist by : J.C. Bradbury

Download or read book The Baseball Economist written by J.C. Bradbury and published by Penguin. This book was released on 2008-02-26 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Fans of the World, Unite!

Author : Stephen F. Ross
Publisher : Stanford University Press
ISBN 13 : 080476977X
Total Pages : 232 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Fans of the World, Unite! by : Stephen F. Ross

Download or read book Fans of the World, Unite! written by Stephen F. Ross and published by Stanford University Press. This book was released on 2008-08-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Wages of Wins

Author : David J. Berri
Publisher : Stanford University Press
ISBN 13 : 0804763259
Total Pages : 310 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis The Wages of Wins by : David J. Berri

Download or read book The Wages of Wins written by David J. Berri and published by Stanford University Press. This book was released on 2007-09-04 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguing about sports is as old as the games people play. Over the years sports debates have become muddled by many myths that do not match the numbers generated by those playing the games. In The Wages of Wins, the authors use layman's language and easy to follow examples based on their own academic research to debunk many of the most commonly held beliefs about sports. In this updated version of their book, these authors explain why Allen Iverson leaving Philadelphia made the 76ers a better team, why the Yankees find it so hard to repeat their success from the late 1990s, and why even great quarterbacks like Brett Favre are consistently inconsistent. The book names names, and makes it abundantly clear that much of the decision making of coaches and general managers does not hold up to an analysis of the numbers. Whether you are a fantasy league fanatic or a casual weekend fan, much of what you believe about sports will change after reading this book.

Pay Dirt

Author : James P. Quirk
Publisher : Princeton University Press
ISBN 13 : 0691187940
Total Pages : 583 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Pay Dirt by : James P. Quirk

Download or read book Pay Dirt written by James P. Quirk and published by Princeton University Press. This book was released on 2018-06-05 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of Sports

Author : Michael A. Leeds
Publisher : Routledge
ISBN 13 : 1315510596
Total Pages : 562 pages
Book Rating : 4.3/5 (155 download)

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Book Synopsis The Economics of Sports by : Michael A. Leeds

Download or read book The Economics of Sports written by Michael A. Leeds and published by Routledge. This book was released on 2016-05-23 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Money Pitch

Author : Roger Abrams
Publisher : Temple University Press
ISBN 13 : 156639774X
Total Pages : 241 pages
Book Rating : 4.5/5 (663 download)

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Book Synopsis The Money Pitch by : Roger Abrams

Download or read book The Money Pitch written by Roger Abrams and published by Temple University Press. This book was released on 2000-05-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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."

May the Best Team Win

Author : Andrew Zimbalist
Publisher : Rowman & Littlefield
ISBN 13 : 9780815719403
Total Pages : 228 pages
Book Rating : 4.7/5 (194 download)

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Book Synopsis May the Best Team Win by : Andrew Zimbalist

Download or read book May the Best Team Win written by Andrew Zimbalist and published by Rowman & Littlefield. This book was released on 2010-12-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The business of baseball stands in sharp contrast to the game’s wholesome image as America’s favorite pastime. Major league baseball is a deeply troubled industry, facing chronic problems that threaten its future: persistent labor tensions, competitive dominance by high-revenue teams, migration of game telecasts to cable, and escalating ticket prices. Amid the threat of contraction, existing franchises are demanding public subsidies for new stadiums, while viable host cities are begging for teams. The game’s core base of fans is aging, and MLB is doing precious little to attract a younger audience. According to Andrew Zimbalist, these problems have a common cause: monopoly. Since 1922 MLB has benefited from a presumed exemption from the nation’s antitrust laws. It is the only top-level professional baseball league in the country, and each of its teams is assigned an exclusive territory. Monopolies have market power, which they use to derive higher returns, misallocate resources, and take advantage of consumers. Major league baseball is no exception. In May the Best Team Win, Zimbalist provides a critical analysis of the baseball industry, focusing on the abuses and inefficiencies that have plagued the game since the 1990s, when franchise owners appointed their colleague Bud Selig as MLB’s “independent” commissioner.

The Business of Sports

Author : Scott Rosner
Publisher : Jones & Bartlett Publishers
ISBN 13 : 0763780782
Total Pages : 792 pages
Book Rating : 4.7/5 (637 download)

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Book Synopsis The Business of Sports by : Scott Rosner

Download or read book The Business of Sports written by Scott Rosner and published by Jones & Bartlett Publishers. This book was released on 2011 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Business of Sports, Second Edition is a comprehensive collection of readings that focus on the multibillion-dollar sports industry and the dilemmas faced by todays sports business leaders. It contains a dynamic set of readings to provide a complete overview of major sports business issues. The Second Edition covers professional, Olympic, and collegiate sports, and highlights the major issues that impact each of these broad categories. The Second Edition continue to provide insight from a variety of stakeholders in the industry and cover the major business disciplines of management, marketing, finance, information technology, accounting, ethics and law. In addition, it features concise introductions, targeted discussion questions, and graphs and tables to convey relevant financial data and other statistics discussed. This book is designed for current and future sports business leaders as well as those interested in the inner-workings of the industry.

Leveling the Playing Field

Author : Paul C. Weiler
Publisher : Harvard University Press
ISBN 13 : 0674045025
Total Pages : 385 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Leveling the Playing Field by : Paul C. Weiler

Download or read book Leveling the Playing Field written by Paul C. Weiler and published by Harvard University Press. This book was released on 2009-07-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Diamond Dollars

Author : Vince Gennaro
Publisher : Diamond Analytics
ISBN 13 : 1310496307
Total Pages : 272 pages
Book Rating : 4.3/5 (14 download)

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Book Synopsis Diamond Dollars by : Vince Gennaro

Download or read book Diamond Dollars written by Vince Gennaro and published by Diamond Analytics. This book was released on 2013-12-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diamond Dollars is a fresh, provocative, insightful, and analytical look at the business of baseball by author Vince Gennaro, a consultant to MLB teams. Gennaro addresses some key questions that affect how teams make decisions, how they assemble their roster, and ultimately, their bottom line: How does winning affect revenues for each team? How much value does a berth in the postseason generate for the Red Sox and Yankees? What is the Yankees’ marginal revenue vs. marginal cost of winning? What is the economic value of a highly productive Twins’ farm system? Why is a player’s value “situational”, depending on the competitiveness of his team and the market in which he plays? How much was Carlos Beltran worth to the Mets in 2006? How can we quantify Derek Jeter’s “marquee value”…his ability to draw fans? What is the relative cost of developing talent vs. buying it in the free agent market? How can we quantify Nomar Garciaparra’s injury risk and its impact on his dollar value? What is the dollar value of Cubs’ fans loyalty to their beloved team? How have the Red Sox, Yankees and Cubs built their team as a brand? How much Babe Ruth was worth to his Yankee teams of the 1920s and 1930s.? Baseball teams may have thought conceptually about some of these issues, but Diamond Dollars gives them the math to measure the effectiveness of their thinking and practices. This edition includes a 2013 preface by the author and a foreword by Jim Beattie, former Executive VP and General Manager of the Baltimore Orioles and Montreal Expos. “Diamond Dollars provides an insightful look at the business of baseball—at the free agent market, teams’ scouting and player development systems, and how clubs market their brands. The book mixes Vince’s business acumen as a top executive at a Fortune 50 company with his passion for the national pastime.” -Mark Attanasio, Chairman and Principal Owner, Milwaukee Brewers “Vince Gennaro shows a profound understanding of the economics of a team’s baseball decisions. His analyses of a team’s win-revenue relationship, the player development system and player valuation, make for a remarkably innovative examination of the baseball front office model that’s just as informative for a baseball executive as for a fan.” -Chris Antonetti, General Manager, Cleveland Indians “Diamond Dollars offers up exciting and stimulating new ideas about the business of baseball. It provides a set of metrics for decisions that have typically been a “gut feeling” for many organizations. I think teams should make this required reading for everyone in their organizations.” -Jim Beattie, former Executive VP and General Manager, Baltimore Orioles and Montreal Expos “Vince Gennaro has written the best book I’ve read on the business of baseball. It serves as both a “how-to manual” for baseball owners and a tour guide for fans who scratch their heads at the things their teams do. It should find plenty of readers in both camps.” -Dave Studenmund, Editor, The Hardball Times Annual

Diamonds Are Forever

Author : Paul Sommers
Publisher : Brookings Institution Press
ISBN 13 : 9780815714286
Total Pages : 226 pages
Book Rating : 4.7/5 (142 download)

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Book Synopsis Diamonds Are Forever by : Paul Sommers

Download or read book Diamonds Are Forever written by Paul Sommers and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: As every American knows, our nation's favorite pastime is also big business. The last fifteen years have been exceptionally good to the business of baseball-with the growth in fan attendance, the spread of cable television, the burgeoning interest in cards and other baseball memorabilia, the historical appreciation of franchise values, the emergence of a powerful players' union, and average salaries that are almost twenty times their pre-1976 levels. Yet at this time of prosperity, major economic issues trouble the sport: the threat of franchise relocation, the continual flash points in collective bargaining, the growing commercialization of the game, the club owners' collusive response to free agency, lingering concerns of race discrimination, and the arguably tenuous link between player pay and performance. This fascinating book examines these and other major issues and assesses their probable impact on the business of baseball. Contributors begin by examining the effect of the reserve clause on competitive league balance. They then investigate whether prior experience with the salary arbitration process affects player demands in subsequent settlements and compare salary differences between ineligible and arbitration-eligible players. They consider the role of the baseball fan as contributor to team winning, as season ticket purchase, and as card-collecting hobbyist. Diamonds Are Forever also looks at the link between player pay and performance. The authors question whether such high salaries are actually earned by players or are instead awarded by owners eager to have "the winning team." They also discuss the growth in unequal distribution of salaries among players. In the last section, the authors look at racial discrimination in baseball and the influence of a team's racial composition on salaries. From Babe Ruth to Nolan Ryan, Doubleday to Skydome, baseball cards to Homer Hankies, the nation has been enthralled for decades with the business of baseball. Although the authors look to the future and consider changes that might occur in this profitable pastime, they assure that diamonds are forever.

International Sports Economics Comparisons

Author : Rodney D. Fort
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313051917
Total Pages : 396 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis International Sports Economics Comparisons by : Rodney D. Fort

Download or read book International Sports Economics Comparisons written by Rodney D. Fort and published by Bloomsbury Publishing USA. This book was released on 2004-03-30 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together, for the first time under a single cover, international comparisons of the major topics in sports economics. Contributors are all renowned scholars of the international sports scene in Australia, New Zealand, Brazil, the Pacific Rim, North America, and Europe. The reader will find an overview of sports in particular countries and regions along with comparisons along the major topics of economic importance. In particular, the contributions compare and contrast revenues and costs, labor markets (restrictions and discrimination), market structures (league and association organizations) and outcomes (team profitability and competitive balance), and policy issues (especially competition policy). Aimed primarily at sports scholars, practicing sports professionals, and policymakers, the volume is also well suited for undergraduate sports economics, sports management, and sports law courses.

The Business of Major League Baseball

Author : Gerald W. Scully
Publisher :
ISBN 13 : 9780226743899
Total Pages : 212 pages
Book Rating : 4.7/5 (438 download)

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Book Synopsis The Business of Major League Baseball by : Gerald W. Scully

Download or read book The Business of Major League Baseball written by Gerald W. Scully and published by . This book was released on 1989 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the many economic pressures exerted on professional baseball, and measures their effects both on the field and in the ticket office

Sports Economics

Author : Paul Downward
Publisher : Routledge
ISBN 13 : 0750683546
Total Pages : 431 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Sports Economics by : Paul Downward

Download or read book Sports Economics written by Paul Downward and published by Routledge. This book was released on 2009 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a highly accessible introduction to the main theoretical, empirical and policy issues that emanate from the economic analysis of sport.

Research Handbook of Employment Relations in Sport

Author : Michael Barry
Publisher : Edward Elgar Publishing
ISBN 13 : 1783470461
Total Pages : 424 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Research Handbook of Employment Relations in Sport by : Michael Barry

Download or read book Research Handbook of Employment Relations in Sport written by Michael Barry and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employment relations, much discussed in other industries, has often been neglected in professional sports despite its unique characteristics. The book aims to explore in detail the unique nature of the employment relationship in professional sports and the sport industry.