For the 65 colleges and universities that participate in the Power Five athletic conferences (Pac 12, Big 10, SEC, ACC, and Big 12), the football and men’s basketball teams are highly visible. While these programs generate tens of millions of dollars in revenue annually, very few of them turn...

Front Cover -- Title Page -- Copyright Information -- Table of Contents -- Acknowledgements -- Introduction: "Welcome to Hell" -- The Olympics in the Twenty-First Century: Where Does Rio 2016 Fit In? -- Brazil's Olympic Rollercoaster -- Not Everyone Has a Price: How the Small Favela of Vila...

The link between team payroll and competitive balance plays a central role in the theory of team sports but is seldom investigated empirically. This paper uses data on team payrolls in Major League Baseball between 1980 and 2000 to examine the link and implements Granger causality tests to...