The Economics of Intercollegiate Sports

by Grant, Randy R.; Leadley, John; Zygmont, Zenon

• ISBN13: 9789812568793
• ISBN10: 9812568794
• Format: Hardcover
• Copyright: 2008-02-01
• Publisher: World Scientific Pub Co Inc

Table of Contents

The History of Intercollegiate Athletics and the NCAA	p. 1
Introduction	p. 1
A Brief History of Higher Education	p. 1
The Beginnings of College Athletics	p. 4
A Crisis in Football	p. 15
The Early Years of the NCAA	p. 21
College Sports in the Modern Era	p. 31
Chapter Summary	p. 63
Key Terms	p. 64
Review Questions	p. 65
Discussion Questions	p. 65
Assignments/Internet Questions	p. 66
References	p. 67
Cartels in College Sports	p. 69
Introduction	p. 69
Collusion and Cartels	p. 70
The Three Challenges	p. 71
The Keys to Success	p. 78
The Market for College Sports	p. 81
How Schools Benefit from Sports	p. 84
Evidence of Cartels	p. 86
Cartel Agreements in College Sports	p. 92
Cheating in College Sports	p. 104
Entry in College Sports	p. 115
Chapter Summary	p. 119
Key Terms	p. 120
Review Questions	p. 121
Discussion Questions	p. 121
Internet Assignments	p. 122
References	p. 122
The Labor Market for College Athletes	p. 125
Introduction	p. 125
Labor Markets	p. 127
Paying College Athletes	p. 145
Early Entry	p. 151
Should Student-Athletes be Paid?	p. 156
Common NCAA Violations	p. 159
Chapter Summary	p. 163
Key Terms	p. 164
Review Questions	p. 164
Applied & Discussion Questions	p. 165
Assignments/Internet Questions	p. 166
References	p. 167
The Mathematics of the Labor Market	p. 168
The Early Entry Decision	p. 170
Early Entry as a Human Capital Investment Decision	p. 172
Athletics and Academics	p. 177
Introduction	p. 177
How Committed is the NCAA to Academics?	p. 179
Admissions	p. 180
Maintaining Eligibility	p. 191
Transfers	p. 194
Graduation Rates	p. 195
Degrees Earned	p. 207
Chapter Summary	p. 209
Key Terms	p. 210
Review Questions	p. 210
Discussion Questions	p. 210
Internet Questions	p. 211
References	p. 212
The Labor Market for College Coaches	p. 215
Introduction	p. 216
Trends in Compensation	p. 216
Is a Coach a CEO?	p. 223
What Determines a Coach's Salary?	p. 226
Is the Labor Market for Coaches Competitive?	p. 232
Winner-Take-All Labor Markets (The Economics of Superstars)	p. 234
Risk Aversion	p. 237
The Winner's Curse	p. 240
Ratcheting	p. 241
Old Boy Networks	p. 243
Chapter Summary	p. 245
Key Terms	p. 247
Review Questions	p. 247
Discussion Questions	p. 248
Internet	p. 249
References	p. 249
The Athletic Department and the University	p. 253
Introduction	p. 253
Growth of the Athletic Department	p. 255
The Athletic Department Budget - Revenues	p. 258
The Athletic Department Budget - Expenditures	p. 280
Are Athletic Departments Profitable?	p. 288
Causes of Athletic Department Losses	p. 293
Why Stay in the Game?	p. 303
Can Athletics Be a Good Investment?	p. 306
Beer & Circus	p. 308
Chapter Summary	p. 318
Key Terms	p. 318
Review Questions	p. 319
Discussion Questions	p. 320
Assignments/Internet Questions	p. 321
References	p. 322
The Media and Intercollegiate Sports	p. 329
Introduction	p. 329
Recent Expansion of Sports Media	p. 330
The NCAA and Media Providers: Symbiotic Relationship or Mutual Addiction?	p. 336
Media Provider's Dilemma	p. 341
Why Do Colleges Need the Media?	p. 344
Bowl Game Revenue	p. 345
Other Benefits from Media Exposure	p. 348
Media-driven (or at least supported) Changes in College Sports	p. 349
Media-prevented (or at least discouraged) Changes in College Sports	p. 365
Wider Impacts of Media Coverage of College Sports	p. 371
Chapter Summary	p. 377
Key Terms	p. 377
Review Questions	p. 378
Discussion Questions	p. 378
Internet Assignment	p. 380
References	p. 380
Race and Gender Issues in Intercollegiate Sports	p. 385
Introduction	p. 385
Does Discrimination Exist in College Sports?	p. 386
The Economic Explanation for Discrimination	p. 395
Discrimination Remedies and Long Term Prospects	p. 400
What is Title IX?	p. 401
How is Compliance Assessed?	p. 403
What Does Title IX Not Require?	p. 403
History and Rationale	p. 405
The NCAA's "Relationship" with Title IX	p. 409
What Has Title IX Achieved?	p. 413
Criticisms of Title IX	p. 415
Proposed Reforms to Title IX	p. 419
An Economic Analysis of Title IX	p. 422
Reductions in Men's Programs - How to Decide What to Cut	p. 427
What About Donations?	p. 429
Chapter Summary	p. 429
Key Terms	p. 430
Review Questions	p. 430
Discussion Questions	p. 431
Assignments/Internet Questions	p. 433
Indifference Curve Analysisä	p. 433
References	p. 443
Reforming College Sports	p. 445
Introduction	p. 445
Sources of Reform Initiatives	p. 446
Reform Options	p. 447
Student-Athlete Compensation Reforms	p. 448
Financial Structure Reforms	p. 459
Academic Reforms	p. 466
Exempt the NCAA from Antitrust Prosecution	p. 485
How Likely is Reform?	p. 487
Chapter and Book Summary	p. 493
Key Terms	p. 494
Review Questions	p. 495
Discussion Questions	p. 495
Internet Questions	p. 497
References	p. 497
Selected Bibliography	p. 501
Subject Index	p. 505
Name Index	p. 531
Table of Contents provided by Blackwell. All Rights Reserved.