Big Sports, Big Business: A Century of League Expansions, Mergers, and Reorganizations

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Greenwood Publishing Group, 2006 - Business & Economics - 181 pages
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The Expos' move from Montreal to Washington, DC, and subsequent rebirth as the Nationals, was one of the sports success stories of 2005. As a result of the move, the team has enjoyed significant increases in home attendance and cash flow, broadcast revenues, and market valuation. This is but one example of the impact of sports league reorganization, a phenomenon as old as the leagues themselves. Frank Jozsa takes us on a tour, from the 1870s to the present, of the expansions and mergers, relocations and transfers that are constantly shifting the professional sports landscape. Incorporating concepts from economics, demographics, management, and marketing, he explains the successes and failures of such efforts in baseball, football, basketball, hockey, and soccer, including their effects on team competitiveness, market share, and prosperity--and their impact on the communities in which they operate. Arguing that professional sports teams are profit-maximizing businesses, Jozsa's analysis sheds light on the economics, culture, and politics of sports as big business, as decisions are made and implemented, and offers an insightful perspective on both the history and future of sports franchises.

The Expos' move from Montreal to Washington, DC, and subsequent rebirth as the Nationals, was one of the sports success stories of 2005. As a result of the move, the team has enjoyed significant increases in home attendance and cash flow, revenues from local radio and television rights, and the estimated market value of the franchise--from $50 million to over $300 million in one year. This is but one example of the impact of sports league reorganization, a phenomenon as old as the leagues themselves. Frank Jozsa takes us on a tour, from the 1870s to the present, of the expansions and mergers, relocations and transfers that are constantly shifting the professional sports landscape.

Incorporating concepts from economics, demographics, management, and marketing, he explains the successes and failures of such efforts in baseball, football, basketball, hockey, and soccer, including their effects on team competitiveness, market share, and prosperity--and their impact on the communities in which they operate. Arguing that professional sports teams are profit-maximizing businesses, Jozsa's sharp analysis sheds light on the economics, culture, and politics of sports as big business, as decisions are made and implemented. In addition to providing a unique perspective on the history and culture of sports management, he offers insightful commentary on the future prospects of sports franchises.

 

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Contents

Expansions and Mergers of Leagues 18761950
1
Team Relocations and Transfers 18761950
29
Expansions and Mergers of Leagues since 1950
53
Team Relocations and Transfers since 1950
81
Expansions and Mergers of Alternative Leagues since 1876
109
Team Relocations and Transfers in Alternative Leagues since 1876
129
Conclusion
147
Notes
159
Selected Bibliography
169
Index
177
Copyright

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About the author (2006)

Frank P. Jozsa Jr. is Associate Professor of Economics and Business Administration at Pfeiffer University, where he has taught courses in the graduate studies program since 1991. He has written extensively on issues of sports business and economics, including articles in Athletic Business, the Carolina Journal, and the Wall Street Journal Review of Books. He is co-author of Relocating Teams and Expanding Leagues in Professional Sports (Quorum, 1999), and author of Sports Capitalism, Baseball, Inc., and American Sports Empire (Praeger, 2003).

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