The Economics of Sports 6th Edition by Michael Leeds, Peter von Allmen, Victor Matheson ISBN 1138052167 97811380521671

1. Introduction to the Economics of Sports

• The role of sports in the economy
• Sports as an economic industry
• Introduction to economic principles in sports (supply and demand, market structures)

2. The Economics of Sports Teams and Leagues

• The structure of sports leagues (professional, amateur, and international)
• The role of franchises, teams, and ownership
• Revenue sources for sports teams: ticket sales, media rights, sponsorship, merchandise
• The concept of competitive balance in leagues
• Monopoly vs. competition in sports leagues

3. Labor Markets in Sports

• Player salaries and contracts
• The role of agents
• Collective bargaining and unionization
• The draft system and its economic implications
• Issues of salary caps and luxury taxes
• The economics of free agency

4. Demand for Sports

• Factors affecting consumer demand for sports (income, prices, preferences, substitutes)
• The concept of fan loyalty and the economics of fandom
• Television contracts and media’s impact on demand for live events
• The role of sports gambling and fantasy sports in shaping demand

5. Public Financing of Sports Facilities

• The economics of stadiums and arenas
• Public vs. private funding for sports infrastructure
• Economic impact studies of sports facilities
• Issues related to taxpayer funding of stadiums
• The “stadium effect” and its influence on local economies

6. Sports and Economic Development

• The relationship between hosting major sporting events (e.g., the Olympics, World Cup) and economic development
• Measuring the economic impact of sports events
• The role of sports in urban development
• Sports tourism and its economic implications

7. International Sports and Globalization

• The globalization of sports and its economic effects
• The economics of international sporting events and competitions
• The role of multinational corporations in global sports
• Economic comparison of sports in different countries (e.g., soccer vs. American football)

8. The Role of Government in Sports

• Government regulations in sports (antitrust laws, amateurism, doping regulations)
• Government involvement in sports development
• The regulation of sports betting and the economic effects of legalization

9. The Economics of College Sports

• The economic model of collegiate athletics in the U.S.
• The role of NCAA and other governing bodies
• College athletes and the debate over compensation
• The revenue-generating sports in colleges (football, basketball)
• College sports’ impact on universities and the local economy

10. The Future of Sports Economics

• Technology’s impact on the economics of sports (e.g., streaming, virtual reality, e-sports)
• Sustainability and environmental considerations in sports
• The future of sports media and broadcasting
• The growing importance of sports analytics in team and player performance

11. Case Studies and Applications

• Real-world examples of economic principles applied to sports (e.g., the economic rise of the English Premier League, the U.S. Super Bowl’s economic impact)
• Economic analysis of major sports events and controversies (e.g., labor strikes, expansion teams, league relocations)