KBO and International Sports League Comparisons

Rodney Fort (), Joon-Ho Kang and Young Hoon Lee
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Rodney Fort: University of Michigan
Joon-Ho Kang: Seoul National University

A chapter in The Sports Business in The Pacific Rim, 2015, pp 175-193 from Springer

Abstract: Abstract We provide an overview of the economic and business evolution of professional baseball in Korea. We map out the state of Korean Baseball Organization (KBO) revenues, costs, profits, team values, and regulations in the player market, and the state of competitive balance compared to Major League Baseball (MLB). After that, we go ahead and speculate on the major issues facing KBO if it were to choose to move Korean baseball toward a different business model, profits rather than advertising subsidiaries.

Keywords: Collective Bargaining; Parent Company; Great Recession; Revenue Sharing; Major League Baseball (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:semchp:978-3-319-10037-1_10

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DOI: 10.1007/978-3-319-10037-1_10

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