Skip to main content

Sports

  • Reference work entry
  • First Online:
The New Palgrave Dictionary of Economics
  • 56 Accesses

Abstract

Professional team sports leagues and amateur sports associations typically operate as cartels in input and output markets. While details differ from sport to sport, most professional leagues follow the pattern of baseball, whose institutional structure was first described in the seminal paper by Rottenberg (1956). There have also been studies of the National Football League (Neale 1964), the Professional Golfers Association (Cottle 1981), cricket (Schofield 1982), English soccer (Bird 1982; Sloane 1971; Wiseman 1977), the National Hockey League (Jones 1969), Scottish soccer (Vamplew 1982) and Australian football (Dabschek 1975). The literature on amateur sports is less extensive, but includes some interesting work on US college athletics (Koch 1973). Basic sources of background information include several Congressional studies (US Congress 1952a, 1952b, 1957, 1972) and a Brookings volume (Noll 1974a).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 6,499.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 8,499.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Bibliography

  • Bird, P. 1982. The demand for league football. Applied Economics 14: 637–649.

    Article  Google Scholar 

  • Canes, M. 1974. The social benefits of restrictions on team quality. In Government and the sports business, ed. R. Noll. Washington, DC: Brookings.

    Google Scholar 

  • Cassing, J., and R. Douglas. 1980. Implications of the auction mechanism in baseball’s free agent draft. Southern Economic Journal 48(1): 110–121.

    Article  Google Scholar 

  • Cottle, P. 1981. Economics of the PGA tour. Social Science Quarterly 62(4): 721–734.

    Google Scholar 

  • Dabschek, B. 1975. The wage determination process for sportsmen. Economic Record 51: 52–64.

    Article  Google Scholar 

  • Davenport, D. 1969. Collusive competition in major league baseball: its theory and institutional development. American Economist 13(2): 6–30.

    Article  Google Scholar 

  • Davis, L. 1974. Self regulation in baseball, 1909–71. In Noll, (1974a).

    Google Scholar 

  • De Brock, L., and A. Roth. 1981. Strike two: Labor–management negotiations in major league baseball. Bell Journal of Economics 12(2): 413–425.

    Article  Google Scholar 

  • El Hodiri, M., and J. Quirk. 1974. The economic theory of a professional sports league. In Noll (1974a).

    Google Scholar 

  • El Hodiri, M., and J. Quirk. 1971. An economic model of a professional sports league. Journal of Political Economy 79: 1302–1319.

    Article  Google Scholar 

  • Fort, R. and R. Noll. 1984. Pay and performance in baseball: modeling regulars, reserves and expansion. SS Working Paper, Caltech.

    Google Scholar 

  • Gwartney, J., and C. Haworth. 1974. Employer costs and discrimination: The case of baseball. Journal of Political Economy 82(4): 873–881.

    Article  Google Scholar 

  • Hill, J., and W. Spellman. 1983. Professional baseball: The reserve clause and salary structure. Industrial Relations 22(1): 1–19.

    Google Scholar 

  • Horowitz, I. 1974. Sports broadcasting. In Noll (1974a).

    Google Scholar 

  • Jones, J. 1969. The economics of the National Hockey League. Canadian Journal of Economics 2(February): 1–20.

    Article  Google Scholar 

  • Koch, J. 1973. A troubled cartel: The NCAA. Law and Contemporary Problems 38(1): 135–150.

    Google Scholar 

  • Lehn, K. 1982. Property rights, risk sharing, and player disability in major league baseball. Journal of Law and Economics 45: 343–366.

    Article  Google Scholar 

  • Medoff, M. 1976. On monopsonistic exploitation in professional baseball. Quarterly Journal of Economics and Business 16(2): 113–121.

    Google Scholar 

  • Neale, W. 1964. The peculiar economics of professional sports. Quarterly Journal of Economics 78(1): 1–14.

    Article  Google Scholar 

  • Noll, R. (ed.) 1974a. Government and the sports business. Washington, DC: Brookings.

    Google Scholar 

  • Noll, R. 1974b. Attendance and price setting. In Noll (1974a).

    Google Scholar 

  • Pascal, A., and L. Rapping. 1972. The economics of racial discrimination in organized baseball. In Racial discrimination in economic life, ed. A. Pascal. Lexington, MA/Heath: Lexington Books.

    Google Scholar 

  • Porter, P., and G. Scully. 1982. Measuring managerial efficiency: The case of baseball. Southern Economic Journal 48(3): 642–650.

    Article  Google Scholar 

  • Rottenberg, S. 1956. The baseball players’ labor market. Journal of Political Economy 64: 242–258.

    Article  Google Scholar 

  • Schofield, J. 1982. The development of first class cricket in England: An economic analysis. Journal of Industrial Economics 30(4): 337–360.

    Article  Google Scholar 

  • Scully, G. 1974a. Discrimination: the case of baseball. In Noll (1974a).

    Google Scholar 

  • Scully, G. 1974b. Pay and performance in major league baseball. American Economic Review 64(6): 915–930.

    Google Scholar 

  • Sloane, P. 1971. The economics of professional football: Football club as utility maximizer. Scottish Journal of Political Economy 18: 121–145.

    Article  Google Scholar 

  • US Congress. 1952a. House Committee on the Judiciary. Subcommittee on study of monopoly power. Study of monopoly power, Pt 6, Organized baseball. Hearings. In 82nd Conrgess. 1st session. Washington, DC: Government Printing Office

    Google Scholar 

  • US Congress. 1952b. Organized baseball. Report of the Subcommittee on study of mMonopoly power. House report 2002. In: 82nd Congress 2nd session. Washington, DC: Government Printing Office.

    Google Scholar 

  • US Congress. 1957. Antitrust Subcommittee. Organized Professional Team Sports. Hearings. In: 85th Congress 1st session. Washington, DC: Government Printing Office.

    Google Scholar 

  • US Congress. 1972. Professional basketball. Hearing. In: 92nd Congress 1st session. (Pt 1) and 2 sess. (Pt 2). Washington, DC: Government Printing Office

    Google Scholar 

  • Vamplew, W. 1982. The economics of a sports industry: Scottish gate money football, 1890–1914. Economic History Review 48(3): 549–567.

    Google Scholar 

  • Vining, R., Jr. and J. F. Kerrigan. 1978. An application of the Lexis Ratio to the detection of racial quotas in professional sports: a note. American Economist 22(2), Fall, 71–75.

    Google Scholar 

  • Wiseman, N.C. 1977. The economics of football. Lloyds Bank Review 123(January): 29–43.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Copyright information

© 2018 Macmillan Publishers Ltd.

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Quirk, J. (2018). Sports. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1564

Download citation

Publish with us

Policies and ethics