Examines the future of professional sports as a business. Presents testimony & prepared statements by several members of the Senate Committee, the commissioner of the Nat. Football League, the owner of the Carolina Panthers Football Club, firms that manage professional athletes (Falk & Assoc., Advantage International, & Sportscorps Ltd.), & Prof. Kenneth Shropshire, Univ. of PA, & Prof. Andrew Zimbalist, Smith College. Also, submissions from the Nat. Football League, Nat. Hockey League, mayor of Houston, assistant to the Mayor of Cleveland, & a prepared statement on procedures for proposed franchise relocations.

Most books that study professional sports concentrate on teams and leagues. In contrast, Home Team studies the connections between professional team sports in North America and the places where teams play. It examines the relationships between the four major professional team sports--baseball, basketball, football, and hockey--and the cities that attach their names, their hearts, and their increasing amount of tax dollars to big league teams. From the names on their uniforms to the loyalties of their fans, teams are tied to the places in which they play. Nonetheless, teams, like other urban businesses, are affected by changes in their environments--like the flight of their customers to suburbs and changes in local political climates. In Home Team, professional sports are scrutinized in the larger context of the metropolitan areas that surround and support them. Michael Danielson is particularly interested in the political aspects of the connections between professional sports teams and cities. He points out that local and state governments are now major players in the competition for franchises, providing increasingly lavish publicly funded facilities for what are, in fact, private business ventures. As a result, professional sports enterprises, which have insisted that private leagues rather than public laws be the proper means of regulating games, have become powerful political players, seeking additional benefits from government, often playing off one city against another. The wide variety of governmental responses reflects the enormous diversity of urban and state politics in the United States and in the Canadian cities and provinces that host professional teams. Home Team collects a vast amount of data, much of it difficult to find elsewhere, including information on the relocation of franchises, expansion teams, new leagues, stadium development, and the political influence of the rich cast of characters involved in the ongoing contests over where teams will play and who will pay. Everyone who is interested in the present condition and future prospects of professional sports will be captivated by this informative and provocative new book.

Sports Economics, the most comprehensive textbook in the field by celebrated economist Roger D. Blair, focuses primarily on the business and economics aspects of major professional sports and the NCAA. It employs the basic principles of economics to address issues such as the organization of leagues, pricing, advertising and broadcasting as well as the labor market in sports. Among its novel features is the candid coverage of the image and integrity of players, teams, managers and the leagues themselves, including cases of gambling, cheating, misconduct and steroids. Blair explains how economic decisions are made under conditions of uncertainty using the well-known expected utility model and makes extensive use of present value concepts to analyze investment decisions. Numerous examples are drawn from the daily press. The text offers ample boxes to illustrate sports themes, as well as extensive use of diagrams, tables, problem sets and research questions.

Major League Baseball, alone among industries of its size in the United States, operates as an unregulated monopoly. This 20th-century regulatory anomaly has become known as the baseball anomaly. Major League Baseball developed into a major commercial enterprise without being subject to antitrust liability. Long after the interstate commercial character of baseball had been established and even recognized by the Supreme Court, baseball's monopoly remained free from federal regulation. Duquette explains the baseball anomaly by connecting baseball's regulatory status to the larger political environment, tracing the game's fate through four different regulatory regimes. The constellation of institutional, ideological, and political factors within each regulatory regime provides the context for the survival of the baseball anomaly. Duquette shows baseball's unregulated monopoly persists because of the confluence of institutional, ideological, and political factors which have prevented the repeal of baseball's antitrust exemption to date. However, both the institutional and ideological factors are fading fast. Baseball's owners can no longer claim special cultural significance in defense of their exemption. Nor can they credibly claim that the commissioner system approximates government regulation effectively. Both of these strategies have been discredited by the labor unrest of the 1980s and 1990s. Duquette provides a unique perspective on American regulatory politics, and by explaining a complicated story in comprehensive prose, he has given researchers, policy makers, and fans a fascinating look at the business of baseball.