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Which of the four major professional leagues in the US has the greatest overall attendance annually?
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| Which of the four major professional leagues in the US has the greatest average attendance per event? |
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What is average attendance per game for men’s Div I college basketball?
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team or league income from:
Ticket sales
Broadcasting
Concessions
Licensing and advertising
Gifts
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-Value reflects what the team could be sold for
-Depends on revenue, expenses, prospects for the future
-Estimated annually by Forbes
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| Most valuable Detroit pro sports franchise? |
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| Relationship between Price and Quantity Demanded |
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Inverse relationship (all else constant)
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| Which pro league gets the smallest share of revenue from ticket sales? |
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| Which pro league gets the smallest share of revenue from ticket sales? |
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| Which pro league gets the biggest share of revenue from ticket sales? |
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| a good that decreases in demand when consumer income rises |
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| a good for which consumers' demand increases when their income increases |
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| additional revenue from the sale of one additional ticket or an additional set of tickets |
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| additional costs to produce one additional unit of output |
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| If a game is not sold out, then the marginal cost to a team of accommodating one additional fan is what? |
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| Occurs when one party in a transaction has more or better information than the other party |
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| if the marginal cost in constant then the average cost.... |
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| a natural monopoly happens when |
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| average cost continually falls |
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The only US industry with an antitrust exemption
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| Limits power of baseball's anti trust exemption |
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40% gate receipts paid to a League pool; shared equally
Luxury boxes & suites excepted
Network broadcast revenues shared equally
No local broadcast revenue
Top 15 revenue teams pay to a separate fund; distributed to lower revenue teams
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31% net local (all) revenue to a central fund; shared equally
Local revenue is net of stadium expenses
Network broadcast revenues shared equally
Local media revenues not shared
“Competitive Balance Tax”; 22.5-40% over payroll threshold
Lower revenue teams can receive < $3 million additional from Commissioner’s Discretionary Fund ($10 m)
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No sharing of gate (ticket) revenue
Network broadcast revenues shared equally
Local broadcast revenue not shared
Luxury tax funds revenue sharing pool
Tax if salary > percentage of revenue (BRI)
Share of player salary held in escrow
Distributed based on financial and performance standards
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No sharing of gate (ticket) revenue
Network broadcast revenues shared equally
But small
Local broadcast revenue not shared
Important for some teams
League subsidies to teams with < median revenue or with < 2.5 million TV households in the local market area
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| reserve clause (MLB), player draft, compensation for free agents, revenue sharing, luxury tax |
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| When teams sign high profile free agents, they often raise ticket prices because: |
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| demand to see games increase |
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| The Dallas Cowboys are such a valuable franchise because they |
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| have so many luxury boxes |
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| Which pro league has had the fastest growing average price since 2000? |
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| MLB is exempt from US antitrust laws because |
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| the players are unionized |
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| Which pro sports league in the US has the smallest relative variation in revenue among teams? |
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| Which pro sports league shares the greatest proportion of its revenue among all teams |
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