Quantcast

Power Play: The Business Economics of Pro Sports

March 31, 2014

OTTAWA, March 31, 2014 /CNW/ – Pro sports are much more than just a
game–they are big business. In Power Play: The Business Economics of Pro Sports, economists (and passionate sports fans) Glen Hodgson and Mario
Lefebvre look behind the public spectacle to address the underlying
business economic issues.

Which pro sports league most embraces the free market, and which is the
most socialist? (The answer may be surprising.) Could southern Ontario
support another National Hockey League team? Will Major League Baseball
ever return to Montréal? What about the National Basketball Association
in Canada? Can the Canadian Football League ever expect to have teams
from coast to coast?

There is something in this book for every observer of business, the
economy and society, even if you aren’t a big sports fan — although it
helps to be one.

As a foundation, the authors examine the economic conditions of the
communities in which franchises are based – factors like population,
income and head offices. They look at the operating conditions for pro
sports leagues, and analyze why some pro sports franchises succeed,
financially and competitively, while others fail. They even wade into
the politically hot topic of who should pay for new pro sports
facilities.

The authors conclude with a “fearless forecast” of what the Canadian pro
sports scene could look like in 2035, with lots of room for growth in
leagues and teams, if the underlying necessary conditions can be met.

Power Play: The Business Economics of Pro Sports is available in printed and e-book formats. For more information, visit
http://www.conferenceboard.ca/powerplay.

About the Authors

Glen Hodgson is Senior Vice President and Chief Economist at The Conference Board of
Canada.

Mario Lefebvre is formerly of The Conference Board of Canada, and is the new
President & CEO at L’Institut de développement urbain du Québec.

SOURCE Conference Board of Canada


Source: PR Newswire



comments powered by Disqus