The cost of players' injuries to professional sports leagues and other sports organizations

被引:5
|
作者
Walia, Bhavneet [1 ]
Boudreaux, Christopher John [2 ]
机构
[1] Syracuse Univ, Dept Econ, Syracuse, NY 13244 USA
[2] Florida Atlantic Univ, Dept Econ, Barry Kaye Coll Business, Boca Raton, FL 33431 USA
关键词
Sports injury; Sports finance; Uncertainty; Risk; Mortality risk; Concussion; Compensating risk differential pay; ECONOMIC BURDEN;
D O I
10.1108/MF-06-2020-0301
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Purpose Most literature studies have focused on direct treatment costs of injuries. This literature is extended to include the foregone playing time of players as an additional injury cost. Design/methodology/approach The authors have reviewed the literature on the cost of players' injuries to professional sports leagues and other organizations. Findings The authors concluded that players' injury costs are substantial and sufficiently variable to be a primary source of financial uncertainty for a team. Originality/value This study's value has added risk pooling and league-wide revenue sharing as tools to mitigate the risk of injury costs. Previous literature reviews focused predominately on direct treatment costs.
引用
收藏
页码:779 / 788
页数:10
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