Revenue Sharing in Professional Sports Leagues1.
Revenue Sharing Alternatively, revenue sharing may indicate any arrangement where a company gives a portion of its profits to its employees or other companies in an alliance.
Downloadable! This article uses a three-stage model of noncooperative and cooperative bargaining in a free agent market to analyze the effect of revenue sharing on the decision of teams to sign a free agent. The authors argue that in all subgame perfect Nash equilibria, the team with the highest reservation price will get the player, that revenue sharing will not alter the outcome of the game.
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We analyze the distribution of broadcasting revenues by sports leagues. In the context of an isolated league, we show that when the teams engage in competitive bidding to attract talent, the league's optimal choice is full revenue sharing (resulting in full competitive balance) even if the revenues are independent of the level of balancedness.
In this paper we develop an economic model of a professional sports league, in which the teams acquire playing talent in an external market. There have been several earlier formulations of this open model and all rely upon an inappropriately specified revenue function. Team revenues should depend upon the absolute quality of the teams, as well as their relative quality measured by win-percent.
The effect of sharing league-revenue (such as the revenue derived from league-negotiated national TV rights) is to change the distribution of revenue among teams from what it would be if, for.
Start studying Sports Management. Learn vocabulary, terms, and more with flashcards, games, and other study tools.. over 800 million revenue and administer college sport in America. Community and youth sport fall into 2 categories. Community based (club). MLB and NBA fall inbetween who when it comes to revenue sharing. NFL and NHL.