The Expos' move from Montreal to Washington, DC, and subsequent
rebirth as the Nationals, was one of the sports success stories of
2005. As a result of the move, the team has enjoyed significant
increases in home attendance and cash flow, broadcast revenues, and
market valuation. This is but one example of the impact of sports
league reorganization, a phenomenon as old as the leagues
themselves. Frank Jozsa takes us on a tour, from the 1870s to the
present, of the expansions and mergers, relocations and transfers
that are constantly shifting the professional sports landscape.
Incorporating concepts from economics, demographics, management,
and marketing, he explains the successes and failures of such
efforts in baseball, football, basketball, hockey, and soccer,
including their effects on team competitiveness, market share, and
prosperity-and their impact on the communities in which they
operate. Arguing that professional sports teams are
profit-maximizing businesses, Jozsa's analysis sheds light on the
economics, culture, and politics of sports as big business, as
decisions are made and implemented, and offers an insightful
perspective on both the history and future of sports franchises.
The Expos' move from Montreal to Washington, DC, and subsequent
rebirth as the Nationals, was one of the sports success stories of
2005. As a result of the move, the team has enjoyed significant
increases in home attendance and cash flow, revenues from local
radio and television rights, and the estimated market value of the
franchise-from $50 million to over $300 million in one year. This
is but one example of the impact of sports league reorganization, a
phenomenon as old as the leagues themselves. Frank Jozsa takes us
on a tour, from the 1870s to the present, of the expansions and
mergers, relocations and transfers that are constantly shifting the
professional sports landscape. Incorporating concepts from
economics, demographics, management, and marketing, he explains the
successes and failures of such efforts in baseball, football,
basketball, hockey, and soccer, including their effects on team
competitiveness, market share, and prosperity-and their impact on
the communities in which they operate. Arguing that professional
sports teams are profit-maximizing businesses, Jozsa's sharp
analysis sheds light on the economics, culture, and politics of
sports as big business, as decisions are made and implemented. In
addition to providing a unique perspective on the history and
culture of sports management, he offers insightful commentary on
the future prospects of sports franchises.
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