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The Ownership and Valuation of Professional Sports Franchises

Davis, Lance E. and Quirk, James P. (1975) The Ownership and Valuation of Professional Sports Franchises. Social Science Working Paper, 79. California Institute of Technology , Pasadena, CA. (Unpublished) http://resolver.caltech.edu/CaltechAUTHORS:20171212-150232457

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Abstract

Until the recent spate of legal and IRS trouble, professional team sports has been one of the most robust growth industries in the U. S. In 1959, there were 42 franchises in the five major sports leagues; by 1974, there were 117 franchises in eight major sports leagues. Evidence of the boom can be found in the growth in attendance and in an increase in ticket prices; in the rise in television coverage and in the dollars spent for TV rights; and in the increase in player salaries. That boom is also reflected in the prices of sports franchises—the subject of this paper.


Item Type:Report or Paper (Working Paper)
Additional Information:We would like to acknowledge the invaluable assistance of Sue Groth, Kim Border, Derek McKay, and Jennie Owen, all of whom put in long hours in the collection and tabulation of the information presented here.
Group:Social Science Working Papers
Record Number:CaltechAUTHORS:20171212-150232457
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20171212-150232457
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83841
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:19 Dec 2017 23:45
Last Modified:19 Dec 2017 23:45

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