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Rise of the American Professional Sports Cartel

systemsandus.com

11–18 of 18 posts

Re: Rise of the American Professional Sports Cartel

#11

The article mentions competitive parity in the NBA, but that's not true at all. There is no competitive parity now, and has never been. You merely have the same teams passing the title around. In the last 30 years, only eight teams have won a title. Seven teams combined for 29/30 of those. The same teams are winning over and over and over. So examining the last ten years is meaningless when that is what's happening,…

Because the Miami heat and the San Antonio Spurs were such great teams back in the 80's and 90's? From Wikipedia: http://en.m.wikipedia.org/wiki/List_of_NBA_franchise_post-se... "Of the 30 current NBA franchises, 13 have never won the NBA championship. The oldest such franchise is the Suns (46 seasons), while the Royals/Kings and the Hawks have even longer championship droughts (63 and 56 seasons, respectively). Only…

Also, note that (28/30)^44 is about 0.048. So, if it were decided by a throw of a die, you would expect 1 in 21 teams to have a 44 year drought in reaching the finals.

15 seasons not in the playoffs is bad, though, (14/30)^15 is about 1:100,000.

A model that introduces some correlation between the performance in year X and that in year X+1 without the need of a cartel could easily increase that probability, though.

For example, one could postulate that a team's quality increases with the qualities of its players and with the time they have been playing together ("you cannot buy a winning team")

Re: Rise of the American Professional Sports Cartel

#12

These truly are cartels. The big change that happened years ago was the owners realized that they weren't in competition with each other on the field - the important competition was with other leagues and recipients of entertainment dollars. Then they started to cooperate, collude, exclude entry....

On the other hand, if the competition is with other leagues, where is the cartel?

Maybe the problem is lack of competition in the market. It isn't easy to turn a basketball fan into a football or ice hockey fan, for example.

Re: Rise of the American Professional Sports Cartel

#14
I would actually argue that professional sports are a great example of a situation where free markets are inferior. Between strong players unions, owner cooperation, and agreements with the cities they play in, professional sports have created and environment with an incredible value for the fans. The players are well compensated and the owners and cities are successful as well.

If anything, professional sports have proven that models outside of pure free market forces can be very successful for everyone involved.

Re: Rise of the American Professional Sports Cartel

#15

>> None of these leagues’ playoff tournaments have overlapping dates. H The NHL doesn't exist? Their playoffs happen alongside the NBA's

They are not scheduled on the same day though.

This also applies to the regular season - again, so as not to split attention from fans, and the other simply logistical (some stadiums - being used for both NBA & NHL - need more prep time to setup the ice rink).

Re: Rise of the American Professional Sports Cartel

#16
Well, I as a longtime NFL fan have become weary of watching live games b/c of the ever increasing volume of advertising. They changed the rules some time back in order to shorten games which were stretching beyond 3 hours. Naturally, playing time was shortened and not ad time. Since my team plays on the east coast and I live on the west coast, I can take advantage of NFL game rewind service and watch Sunday games at 9pm ad-free for 35$ for season. What a steal. Can spend entire Sunday with family.

Re: Rise of the American Professional Sports Cartel

#17
This article defines many of the reasons that I've been disillusioned about American "sports". They are just a money making vehicle at the expense of society. Just recently (like an hour ago) someone from MLS was on ESPN talking about making MLS the best league in the world (seriously?) "so that our fans get ENTERTAINED by the best players in the world". It's football (or soccer), a sport, a passion, a social endeavor, not an entertainment, corporate money making vehicle. No wonder MLS is a laughing stock for the rest of the world. There is nothing wrong in making a profit, but at the expense of society?

P.S: Sounders and Timber fans, you guys rock!!

Re: Rise of the American Professional Sports Cartel

#18

I would actually argue that professional sports are a great example of a situation where free markets are inferior. Between strong players unions, owner cooperation, and agreements with the cities they play in, professional sports have created and environment with an incredible value for the fans. The players are well compensated and the owners and cities are successful as well. If anything, professional sports have…

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