On going south: the economics of survival and relocation of small market NHL franchises in Canada

Autor:	J. C. H. Jones, Angelo Cocco
Rok vydání:	1997
Předmět:	Finance Economics and Econometrics Actuarial science Revenue sharing business.industry media_common.quotation_subject Subsidy League Economics Revenue Quality (business) Franchise Salary business Relocation media_common
Zdroj:	Applied Economics. 29:1537-1552
ISSN:	1466-4283 0003-6846
DOI:	10.1080/000368497326363
Popis:	This paper considers the issue of team viability and professional franchise relocation, a problem common to all major sports leagues in North America. Specifically, using the National Hockey League in the 1990s as the analytical vehicle, the proposition that the viability of Canadian Small Market Franchises (SMF) is in doubt because of a combination of inadequate revenue (due to the quality of their locations) and escalating salary cost, is examined. Using game by game data for the 1989/90 season, revenue, costs and profits by team were estimated and it was concluded that Canadian SMF are indeed an endangered species. Several alternatives which might rectify the problem are considered (revenue sharing, salary caps, public subsidy), but none are as attractive or as realistic as relocating south to US cities. The behaviour of SMF in the 1990s is consistent with this prognosis.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::ac73e63733357dc973b69d74c7a49da6 https://doi.org/10.1080/000368497326363 Zobrazit plný text záznamu Plný text ve formátu PDF