Professional Sports Research Paper

With how many sporting events that there are in this country, it is common to see fans that love multiple games. Professional sports are typically favored by most followers, but there is a clear deficiency that hurts the leagues. Professional sports are exhilarating if one is a fan of a playoff team or especially a team that wins championships on a regular basis. While this is great for traditional powerhouses and teams with endless amounts of money, the majority of teams in these leagues serve as punching bags for years or even multiple decades. There is a fine line between these teams and other organizations that struggle just to make financial ends meet. Teams in financial

There is a dearth of empirical literature regarding the topic of NBA player salary determinants. Whereas there have been some articles written on NBA player salary discrimination, the lack of empirical evidence as it relates to player performance and its impact on player salary have been virtually non-existent. This investigation serves to contribute to the paucity of empirical literature regarding NBA player salaries. Wage fund theory was chosen to guide this study. According to this theory, wages are determined by the amount of capital available to pay workers. As capital increases so do worker raises. This theory has a direct correlation to the NBA salary cap. The salary cap is comprised of Basketball Related Income (BRI) which consists of revenue generated from ticket sales, national and local broadcast deals, in

Zanesville would get a 19-yard catch by Andrew Everson and then a 17-yard run by Murphy to give the impression that their offense was ready to turn it on. Then with 2:49 left in the half Everson would get sacked by Marques Sherman for

On August 8th, 1988 Wayne Gretzky gave a tearful farewell to Edmonton after being traded to the Los Angeles Kings. The Gretzky trade had effects beyond the two teams. The landscape of the National Hockey League changed in the years following the Gretzky trade. Ten years after the trade Anaheim, Dallas, Phoenix, Miami, San Jose, and Tampa were awarded NHL franchises. The National Hockey League’s southern expansion was partially driven by the attendance increase the Los Angeles Kings experienced after the Gretzky trade. The goal of this essay is to determine what drives attendance in Sun Belt cities. Our study should interest sports economists in academia and National Hockey league executives who make decisions on the league’s product placement. Team attendance is the dependent variable in the model and eleven independent variables were run in two different regressions. The first regression run was a Least Squares regression and the second was a time series regression. The time series regression was necessary to run since the results of the Least Squares regression may have been biased. The time series regression reveled two important conclusions. First, winning a championship had a positive and statistically significant impact on attendance in southern cities. Second, the time series regression illustrated that each city has special characteristics driving attendance that we cannot measure. This essay I will review other research papers on attendance at sporting

The National Basketball Association (NBA) has transformed over the many of years as an organization and a brand, into a multibillion-dollar business that draws thousands and thousands of fans to each and every game. Many contributing factors have made the NBA what it is today, but the main cause of this gain in interest is the ultimate rivalry between two remarkable players, Earvin “Magic” Johnson and Larry “the Legend” Bird. The battling rivalry amongst these individuals is comparable to the feud of Coca Cola and Pepsi, or, Star Wars and Star Trek. During the era of modern television, and the still and ever present racial bigotry, Magic Johnson and Larry Bird helped redefine the game of basketball and popularity of the NBA with their

One thing many economists agree on is the overall lack of effect sports can have on a city. Cities seem to be less impacted by a professional sports team because of things like opportunity costs, substitution effects, crowding out, and leakages (Baade, Baumann, Matheson, 2008, p. 797). These economists’ theory is that if there weren’t sports teams, people would still choose to spend money on other entertainment or attractions (Baade, Baumann, Matheson, 2008, p. 797). How the substitution effect works in sports is you imagine a city has a game, which supposedly tons of tourists and outsiders come to enjoy. These outsiders come for the specific event in which they are paying a good amount for, are not going to want to spend tons of money on other

Much like the rest of America, the NBA has a large gap between the rich and the poor. Take the Los Angeles Lakers for example. They accumulated a massive $115 million profit after the 2016-2017 season. Keep in mind this was their fourth straight year with less than 27 wins and no star player to attract fans.

Professional sports are often perceived as one of the last true bastions of capitalism, where player salaries are constrained only by what the market will bear. Since the 1990’s, however, [professional] sports leagues have grown increasingly concerned over the increase in player salaries, not only in terms of the absolute cost required to field a competitive team, but also in terms of parity, or the extent to which teams in a league are fairly evenly matched (Cushman 1).

Have you ever fully read a release form, or waiver, or other equally long winded legal document? I’ve made a habit of trying to read each and every document, where I have to “check the box to agree to terms,” or sign to show my understanding, because I like to know exactly what I am agreeing to, as well as what they are expecting me to do with a product or activity. The document that sticks with me most clearly is the sports release form, that every student who participated in P.E., or sports had to complete and turn in. The waiver had the normal legalese, that were made with the intention of protecting the school from undue lawsuits, but the part that sticks with me the most is the descriptions of the possible injuries that might be sustained,

Basketball is one of the most followed collegiate level sports. With over 55 million fans that watch the sport on television alone, college basketball’s ad revenue is higher than all other postseason sports. While the NBA postseason only makes around $536 million on ads, over $1 billion is spent on ads during the postseason of college basketball. I, along with several other people, believe that with this amount of money being made on ads alone, colleges would be more than able to pay their players. However, these college basketball heroes end up gaining no money from their games.

People love sports a lot it helps them in beating the stress they endure by working throughout the week. It is also a part of good entertainment that refreshes the mind and body of the player. These sporting activities of young as well as old individuals help them to stimulate their muscles and body and can be also termed as the best forms and sizes of exercise. So, if there are any sports lovers who might be reading this particular blog will eventually get to know how to acquire discount sporting goods online. It will be much better than going or hitting the mall for such goods. Whenever a sports junkie like you gets the chance of getting your hands on the discounted sporting goods, you can get it via internet by visiting reputable portal

The NBA is one of the United States’ favorite sports leagues, with each team averaging 100 million dollars of income each year before expenses.

The Cleveland Cavaliers and the Golden State Warriors are known as the two best teams in the National Basketball Association, most commonly known as the NBA. Appearing in back to back finals within the last 2 years, the two teams continue to stir up social controversy. Despite those who may not watch sports on a regular basis, numerous individuals draw their attention to the screen, to the intensity and the unpredictable outcome of a game 7, in which the Wall Street Journal claims the game 7 of the 2016 NBA finals as “The Richest Game in NBA History”. The Cleveland Cavaliers and the Golden State Warriors are often compared against one another, specifically throughout the media, whether it be a newspaper article or a simple post on social

For example, on the world stage, basketball is right behind soccer in the category of most popular sports. The NBA has very little competition when it comes to it’s annual earnings as there is no other basketball association that even comes close to what the NBA has been able to accomplish over the past

Over the years, entrepreneurship is a field of business that has been growing rapidly. Although the concept of entrepreneurship is highly debated on what it is exactly, in a simple way it is acting on one’s knowledge and thoughts and developing those into innovations, which in the end will improve the world and in return hopefully allow the entrepreneur to receive a gain in either a monetary or non monetary sense. Within entrepreneurship, there are many different fields to this broad business platform. Since I am a collegiate basketball player and have been surrounded by sports my entire life, I have decided to focus on entrepreneurship within the sports industry. Again, this is growing rapidly along with entrepreneurship, however, if one would research this specific field of entrepreneurship, they would find that it is a young practice. In this paper, I will be focusing on the owners in the NBA specifically comparing and contrasting the newer owners verses the older owners. Primarily most of the newer owners are younger guys who made most of their money in uncertain business deals that led to large profits. Thus, they are successful entrepreneurs who took their skills and prior knowledge and applied that to the NBA. On the other hand, older NBA owners provide an old school business approach, which is usually based off instincts and knowledge of the game. Therefore, the issue I will be discussing will regard owning a NBA team, which I will go in depth to talk about why the