The “college” football season is in high gear, with ever bigger dollars flowing through what is actually a business. As a result–and also to raise their profile in attracting more students and fans–ever more schools are joining the bigtime (expensive) competition. Paradoxically, this is occurring even as participation rates in high-school football have declined noticeablyContinue reading “Gridiron Riches Aren’t for Everybody on Saturdays”
Tag Archives: sports
Moneyball 101: Reloading and Releaguing College Football
“College football” is not only more like a professional game at its higher levels these days, but it is also as much of a business story as a sports one. At the moment, the phenomenon of NIL (name-image-likeness) payments to the athletes is focusing attention on Texas Tech University. For years, Texas Tech has hadContinue reading “Moneyball 101: Reloading and Releaguing College Football”
All Sports, All the Time?
As the U.S. grows and diversifies, we can expect a wider range of diversions, including sports. Now cricket has caught on, at least in parts of the country, as this New York Times article discusses. (https://www.nytimes.com/2023/07/15/us/texas-cricket.html) Soccer, of course, has become established here after many decades of American absence from the “beautiful game.” And women’sContinue reading “All Sports, All the Time?”
If Only Your 401(k) Was in the NFL
Trillions of dollars of nominal global wealth have been wiped out in the current bear market for stocks and bonds. But, as this Bloomberg item notes, there’s at least one major exception to the asset-price declines: pro sports franchises. For reasons Gerry Smith describes here–and others such as Mike Ozanian and his crew at ForbesContinue reading “If Only Your 401(k) Was in the NFL”
Tim W. Ferguson 