Private Financing and Sports Franchise Values: The Case of Major League Baseball

Preprint OPEN
Phillip Miller; (2006)
  • Subject: Stadiums, Baseball
    • jel: jel:L83

This paper examines the impact of receiving a new stadium on team franchise values. I argue that a new stadium will increase the franchise values of teams regardless of how construction was financed. A team playing in a stadium that it owns will be able to capitalize th... View more
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