The Market Structure of Sports
AbstractThrough a detailed economic assessment of the current business of professional sports and prospects for the future in the United States, Scully examines the factors that determine players' salaries; management practices and franchise values; and long-term, short-term, and corporate ownership. Scully shows, for example, that while the economic growth of the last two decades was fueled primarily by sales of television rights, the broadcast market has become saturated and teams will have to look elsewhere for income in the 1990s. This book offers technical insights that will interest business economists and professionals in sports management.
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Bibliographic InfoThis book is provided by University of Chicago Press in its series University of Chicago Press Economics Books with number 9780226743950 and published in 1995.
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Web page: http://press.uchicago.edu
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