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Category Archives: sports
Sports Profit of the Day
The NYT reports on Abu Dhabi’s purchase of Manchester City FC, and then zooms out to cover the bigger story of rich foreigners buying English football clubs: As the Emirates get richer, Western entrepreneurs who bought into British soccer on … Continue reading
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Europe: Watching Soccer, not the Markets
Late on Friday night, German time, I got an email from Portfolio headquarters in New York. "Not that I need to tell you this," it said, "but give us a little taste of how Europe is shaping up Monday morning." … Continue reading
Petrochemical Datapoint of the Day
Darren Rovell is on the baseball-cap beat: New Era raised prices on its 59Fifty hats by $4 last year because of a change in material from wool to polyester. No, that’s not a misprint. Polyester, it seems, is now more … Continue reading
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Labor vs Capital in Baseball
Is A-Rod seeking an "insane" amount of money? Not necessarily: In 2001, the first year of the first Rodriguez mega-contract, major-league players were getting 56% of their sport’s $3.5 billion in revenues. Yet this year, Jeff Passan notes on Yahoo … Continue reading
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When Athletes IPO
Remember the jock exchange that Michael Lewis wrote about in the first issue of Portfolio? The idea was that an exchange could be set up where the assets traded were not shares in companies but rather shares in athletes. Well, … Continue reading
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The Economics of A-Rod, Part 2
Why is it that the best place to find high-level microeconomic analysis in the NYT seems to be the sports section? First there was Ed Wyatt on Tour de France breakaways; now comes Columbia’s Jeffrey Gordon on the A-Rod opt-out. … Continue reading
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How Imports Help Soccer
Dani Rodrik has a post today on the globalization of soccer, and poses what he calls an "interesting question": One question is what has the presence of foreign players in Europe done to the quality of the national teams. Following … Continue reading
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The Economics of A-Rod
I neither know nor care much about baseball, which means I don’t read Will Leitch’s Deadspin. I did, however, read his excellent article in New York magazine about what’s going to happen to Alex Rodriguez’s contract at the end of … Continue reading
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Valuing Suites in Giants-Jets Stadium
Allan Kreda has a stunning datapoint today: luxury suites in the new Giants-Jets
stadium in New Jersey are selling for $1
million each. Per season.
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