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2004 | OriginalPaper | Chapter

Sports teams and leagues: from a business necessity to dominating cartels

Authors : Robert Sandy, Peter J. Sloane, Mark S. Rosentraub

Published in: The Economics of Sport

Publisher: Macmillan Education UK

Included in: Professional Book Archive

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Sporting events are profitable if total revenue exceeds total cost. Total revenue includes income from advertising, parking, concessions, the sale of luxury seating, the sale of tickets, broadcasting revenue, and public subsidies. As discussed in Chapter 3, competitive or exciting events attract more fans. The pay off from having competitors of similar strength differentiates sports from all other businesses.

previous chapter The economic implications of sports broadcasting
next chapter Sports and economic development
Metadata
Title
Sports teams and leagues: from a business necessity to dominating cartels
Authors
Robert Sandy
Peter J. Sloane
Mark S. Rosentraub
Copyright Year
2004
Publisher
Macmillan Education UK
Book
The Economics of Sport

Print ISBN: 978-0-333-79272-8

Electronic ISBN: 978-0-230-37403-4

Copyright Year: 2004

DOI
https://doi.org/10.1007/978-0-230-37403-4_7