Article

Competing Leagues, Mergers, and Expansions

Aju J. Fenn

in The Oxford Handbook of Sports Economics

Published in print April 2012 | ISBN: 9780195387773
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195387773.013.0013

Series: Oxford Handbooks

 Competing Leagues, Mergers, and Expansions

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This chapter outlines the relevant economic literature pertaining to the birth and evolution of football as a sport in the United States, and also reviews the game from its birth until the formation of the National Football League (NFL). Next, it briefly deals with some of the themes regarding football that have been explored in the rest of the literature. The classification of the literature on the NFL includes: the creation of NFL institutions that have led to increased competitive balance; the impact of race on players' and coaches' success in the NFL; betting on NFL games; issues of market power and profitability; and the cost-benefit analysis of hosting an NFL team. The United Football League has quietly entered markets where the NFL does not have a presence. It started play in 2007 and may gain market share if the NFL locks its players out for the 2011–2012 season.

Keywords: National Football League; economic literature; United States; mergers; expansion; competitive balance; United Football League

Article.  5270 words. 

Subjects: Economics ; Industry Studies ; Financial Institutions and Services

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