Profitability of American Professional Team Sports 公开

Goodman, Brian Jess (2011)

Permanent URL: https://etd.library.emory.edu/concern/etds/8049g523p?locale=zh
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Abstract

Abstract
Profitability of American Professional Team Sports
By Brian Goodman
I analyze the effects of market and team factors (including city population, city income, age of stadium,
percent of stadium subsidies, regular season wins, number of all-stars, average points per game,
historical championship appearances, and previous season's performance) on the amount of profits for
a sports franchise in the National Football League, National Basketball Association, Major League
Baseball, and the National Hockey League. I find that there is no consistent correlation with city income
and a franchise's profitability across the four leagues. Furthermore, average points scored per game
appears to be positively correlated with profits. Most significantly, I find that for all but one league the
age of the stadium are negatively correlated with a team's level of profitability. I hypothesize this can
largely be attributed to luxury suite revenue which is not included in any of the league's Collective
Bargaining Agreements during the period of the study, 1991-2008.

Table of Contents

Table of Contents
I.
Introduction





1
II.
Monopoly Powers





2
III.
Literature Review





5
IV.
Model





10
V.
Summary Statistics





14
VI.
Tables





16
VII.
Results





17
VIII.
Conclusion






22
IX.
References






26

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