Eco 383 PPT lecture slides, Sept. 9 ndash; Oct. 2, 2008.ppt

下载文档

2
0
约 30页
2017-08-10 发布于甘肃
举报
版权申诉
保障服务

Eco 383 PPT lecture slides, Sept. 9 ndash; Oct. 2, 2008.ppt

1、原创力文档（book118）网站文档一经付费（服务费），不意味着购买了该文档的版权，仅供个人/单位学习、研究之用，不得用于商业用途，未经授权，严禁复制、发行、汇编、翻译或者网络传播等，侵权必究。。
2、本站所有内容均由合作方或网友上传，本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺！文档内容仅供研究参考，付费前请自行鉴别。如您付费，意味着您自己接受本站规则且自行承担风险，本站不退款、不进行额外附加服务；查看《如何避免下载的几个坑》。如果您已付费下载过本站文档，您可以点击这里二次下载。
3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等，请点击“版权申诉”（推荐），也可以打举报电话：400-050-0827(电话支持时间：9:00-18:30)。

Eco383PPTlectureslides,Sept.9amp;ndash;Oct.2,2008.ppt

Eco 383: PPT lecture slides, Sept. 9 – Oct. 2, 2008 Topics: How’s baseball doing? MLB’s monopoly Ticket prices and salaries, demand, and supply MLB’s monopoly and antitrust exemption Last revised 2 Oct. 2008 How’s baseball doing? In brief: The recent past (2000-2003): conflicting answers Owners: Teams losing lots of money Economists, Forbes: Teams making profits or (in 2001-2003 recession) small losses The present: great (all agree) The future: danger signs on horizon The recent past 1977: first free agents, last round of expansion for a while Rising attendance, revenues, media, team resale prices Salary explosion Owners complained about losing money 1994-95: attempt to impose salary cap ? long strike 2000 MLB report: 27/30 teams lost $ in 1995-99 No way, said independent researchers 2002: Owners tried to eliminate 2 teams Commissioner Bud Selig unpopular with media and fans The present:Everybody’s happy nowadays… Since 2004: MLB revenues and attendance booming, profits solid 2002 and 2006 Basic Agreements (between owners and players union) More revenue sharing “Small-market” teams get more money Higher “marginal tax rates” on team revenues indirectly restrain player salaries ?Salary share of revenues fell (good for owners’ profits) No strike or lockout in either case Commissioner Selig now widely praised as great CEO for baseball Credit for interleague play, wild card Competitive balance has improved 6 different teams won World Series in the 7 years from 2000-2007 The future:Danger signs on the horizon Fewer fans (at least as % of pop.) 58% of Americans say they’re baseball fans (2002; NFL: 67%) Only 13% of Americans say baseball’s their favorite sport (down from 23% in 1985; 2003; NFL: 29%) Aging fan base Age of average MLB fan is over 40, oldest of major sports Losing African-American fans Trend coincides with fewer black players (~9% of current players, down from 25% in 1975) Scarcity of black players partly due to lack of black college baseball player