When the crowd evaluates soccer players’ market values: Accuracy and evaluation attributes of an online community

Steffen Herm, Hans-Markus Callsen-Bracker and Henning Kreis

Sport Management Review, 2014, vol. 17, issue 4, 484-492

Abstract: Evaluating the value of athletes to determine whether they should be transferred from one club to another has become a major challenge for managers of sports teams. In the context of German soccer, aficionados have built a large online community that evaluates professional soccer players’ market values. The community has become the main source for reporting market values in the media and has a strong impact on sports economy: it is used in real market transactions and wage negotiations, indicating the power of crowd wisdom in the sports management context.

Keywords: Crowd valuation; Market value; Human capital; Professional athletes; Soccer (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (38)

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DOI: 10.1016/j.smr.2013.12.006

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