THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTe new CBA in order to salvage what was left.... Bettman took his pants.Gil Stein, NHL president 1992-1993, Power Plays: An Inside Look at the Big Business of the National Hockey League (1997. p. 115).While both sides lost heavily from the lockout, however, the owners clearly won the overall war.Paul THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT D. Staudohar. Playing for Dollars: Labor Relations and the Sports Business (1996, p. 152)The owners were worried that the players' share of league reTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
venues had reached 61 percent.... It looks like owners won this round.Rodney Fort, Sports Economics (2003, p. 294).Photographs:We need a photograph wi1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTe newer Canadian arena in NHL hockey, the Air Canada center, or the ones in Montreal or Ottawa, where the name sign would be in the limelight. That picture could appear where indicated in the manuscript.https://khothuvien.cori!2The economics of sport is a rather wide field. It spreads across analyse THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTs of the demand for sport, cost-benefit analyses of sporting events and sporting venues, the local public finance implications of these same events anTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
d venues, sporting governance (meaning labor-management relations, organizational models of team or individual sports events as well as professional l1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTia coverage, sponsoring, endorsements, and numerous related issues such as the economics of performance inhencing drugs. Broadly speaking these themes have developped from two traditions in sports economics, a Continental European one and a North American one, although there is now a trend for both THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTtraditions to merge. North Americans and their colleagues from Britain and Australia have applied the standard tools of supply and demand analysis toTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
model the behaviour of the various participants to the world of sport. They have focused most of their attention to professional sport, more specifica1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT of the Institutionalist sort, relying more on descriptive statistics, with tables of numbers and the computation of various ratios, while sometimes applying economic theories alternative to the standard supply and demand analysis. Continental Europeans are also concerned with professional teams, bu THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTt they devote more attention to the sporting goods indusoy (manufacturing and world trade patterns) and to the economics of amateur and recreational sTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
port, in particular the Olympic Games.An attempt to deal with all these issues within a single chapter would yield a rather superficial analysis. The 1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTvel and in data gathering, actually deals with team sports, in large part precisely because of data availability. Within the Canadian context, it seems best to focus on one sport, ice hockey, more specifically the economics of the National Hockey League. As much as we would like to deal with other C THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTanadian sporting traditions - the Canadian Football League, lacrosse indoor leagues or all sorts of minor leagues - very little can be said, due to anTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
absence of data. As to Olympic sports, while the funding of amateur athletes raises important questions of public policy, these are not3 questions th1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTof staging them, but estimates related to their net economic impact arc mired in fantasies and hard to assess, rhe interested reader is referred to an casy-to-rcad introduction to the economic issues arising from holding die Vancouver 2010 winter Olympics, such as transportation costs, speculation i THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTn the real estate market and the impact on low-income housing, high-skill labour demand and possible inflationary repercussions, and the possible costTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
underestimation and net impact overestimation (Fromm 2005); all these topics are examined in more detail by Preuss (2004), for all the Olympic Games 1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTrepotted since the early 1990s. In the past, sports reporters and columnists were primarily concerned with players’ performances, statistics, team gossip and human interest stories. Today, good spotts journalists need to understand the economics of professional sports as a business. If they are to e THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTxplain to their readers the intricacies of trades and the manager's likely motivations, reporters must have knowledge of team budgets, the length andTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
structure of individual players’ contracts, and the collective agreement. This knowledge will be ever more important in NHL hockey with the advent of 1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTnly incidentally because of their poor playmaking performance.When sports journalists are not discussing players’ salaries, moreover, they are often Irving Io explain the implications for sports learns OÍ a variety of other financial anil Fiscal issues. They have Io help Ians understand concepts lik THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTe earnings before interest, taxes, depreciation and amortization (F.BFTDA, or operating income); gross economic impact and income multipliers when disTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
cussing team venues or major sporting events; as well as fast tax write-olls inducing new owners to purchase endangered franchises. like the Edmonton 1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTrs will make sure that they preserve it, and as die construction boom induced by the the Vancouver 2010 Olympics will come to the forefront, the discussion ismost likely to stretch to include sporting facitilites building costs and who will get what revenues, as well as the contributions that sports THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT venues are alleged to make to city core redevelopment.Although disillusioned Expos baseball fans could certainly argue otherwise, the biggest event iTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
n Canadian sports economics over the last few years has been the 2004-2005 NHL lockout. It made the headlines and was the source of an uninterrupted f1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTd their views about possible solutions. The present chapter intends to put the hockey lockout and the arguments of those involved in proper economic perspective. Once you will have read this chapter, you should be able to explain the economic motives and constraints that rule NHL hockey, and you sho THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTuld be able to understand the main dynamics of any future labour conflict in team sports. While studying the implications of the NHL lockout, we willTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
also examine the changing fortunes of the Canadian NHL teams, comparing the economics of NHL hockey with those of the other three major leagues in Nor1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTy analyzing the impact of professional franchises and the possible involvment of the public sector.BACKGROUND INFORMATIONThe root cause of the 2004-2005 NHL lockoutThe quotes that open the chapter seem to be distorted by some time-warp. On first reading they would seem to apply quite well to the den THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTouement of the 2004-2005 lockout that team owners imposed on players of the National Hockey League (NHL). After more than 300 days of lockout (a lockoTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
ut is the mirror image of a strike, with the employer stopping its employees from working, to put pressure on the labour union), the negotiations ende1THE ECONOMICS OF SPORT AND THE NHL LOCK-OUT Chapter 11Marc Lavoie... and a weak and desperate Goodenow was compelled to make major concessions in the THE ECONOMICS OF SPORT AND THE NHL LOCK-OUThe NHL players association (the NHLPA) had vowed never to accept [see Staudohar (2005) for a history' of the lockout].But in fact, as is obvious from the publishing dates of these quotes, all three authors purport to analyze the impact of the collective agreement signed following the previous NHL lo THE ECONOMICS OF SPORT AND THE NHL LOCK-OUTck-out, that of 1994-1995. As the above quotes show, and as Staudohar (2005, p. 24) reports, “the owners appeared to get much the better of the settleTHE ECONOMICS OF SPORT AND THE NHL LOCK-OUT
ment, which was reported in the media as a solid victory' on their part". Most experts initially thought that the 1995 agreement had put in place struGọi ngay
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