Showing posts with label sports. Show all posts
Showing posts with label sports. Show all posts

Wednesday, August 14, 2024

Olympic scorekeeping (choose your comparison set)

 There are many local angles to the coverage of the Olympics. Some of them have to do with scoring systems.  Here's a story from the WSJ that counts medals in a way that's familiar where I live...

Which College Won the Olympics?  At the Paris Games, there were medalists from more than 100 schools. But there was one college that outperformed most countries—again. By Ben Cohen, Andrew Beaton,  and  Joshua Robinson

"When the Paris Olympics ended on Sunday, the final medal table looked exactly the way that everyone around the world expected. Team USA was once again at the top, followed by China, Great Britain, host France, Australia, Japan, Italy—and Stanford. 

...

"Stanford took home 39 medals, more than double the number of any other U.S. school—and more than the Netherlands, South Korea, Germany and Canada. ...

Harvard did well too:

"The eggheads from Cambridge, Mass., might not be known for starring in mainstream sports, but they thrive once every four years, when fencing, rowing and triathlon become the focus of global attention. This year, Harvard won 13 medals because the Crimson also came up big on the track, where sprinter Gabby Thomas blasted her way to three golds, and on two wheels, as cyclist Kristen Faulkner took gold in the women’s road race and the velodrome. "

Saturday, August 3, 2024

Goldin arm

 Here's a great post-Nobel story from the Harvard Gazette.

Time to send in Goldin. Sox go with Nobel laureate southpaw to throw out first pitch by Jill Radsken 


“I’ve been throwing balls my whole life, but it’s been pitching to a dog with its mouth open 25 feet away. Using a real baseball has more heft,” said Goldin, the Henry Lee Professor of Economics."

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Memory lane:

Sunday, October 28, 2012

Tuesday, July 9, 2024

Child labor in soccer

Many laws seek to protect children from being exploited in the labor market, and there is widespread repugnance when it appears that such exploitation is taking place. (Think of the issues associated with children sewing soccer balls in Pakistan...)

But minors can also be professional athletes, and that turns out to be an issue in the Euro 2024 competitions, because star Spanish player Lamine Yamal is only 16 years old. (He was scouted at 6...)

Here's the story

Why Spain are Risking 30,000 Euro Fine by Playing Lamine Yamal at Euro 2024, by Robin Mumford 

"Yamal has started in each of Spain's group games so far, against Croatia and Italy, but a German law put Spain at risk of a €30,000 fine for his involvement in the game against Italy. That's because the German Youth Protection Act prohibits under-18s from working beyond a certain time - usually 8pm.

"Spain's first group game kicked off at 6pm local time, but their game against Italy started at 9pm. While there is an exceptional rule within the German law that authorises athletes to work until 11pm, the match finished very close to that time anyway, and post-match showers and interviews are also considered within the realms of labour, which means Spain may very well have met the conditions to be hit with a fine."

HT: Peter Biro

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The Centre for Sport and Human Rights has a White Paper called

CHILD LABOUR IN SPORT. Protecting the Rights of Child Athletes


Wednesday, June 5, 2024

Paying college athletes before it was legal

 Yesterday I blogged about the new NCAA rules on allowing college athletes to be paid: The ban on paying college athletes is history

It will no doubt shock you to learn that payments were made long before they were legal.  

The Guardian has a book review about that:

Hot Dog Money: behind the bribery scandal that rocked college basketball. A new book looks back at the federal investigation that found bribery and corruption within a major industry, by Andrew Lawrence, Tue 4 Jun 2024

"On 26 September 2018, 10 prominent US college sports figures were arrested in connection with a federal investigation into fraud and corruption. Specifically, the government alleged that business managers and financial advisers had bribed basketball coaches to secure business with NBA-bound players, and that a senior executive with Adidas had further conspired with them to funnel payments to high school players and their families in exchange for their commitment to Adidas-sponsored college sports programs.

"The scandal – which ensnared the top NBA draft pick Deandre Ayton, hall of fame coach Rick Pitino and Kobie Baker, the associate athletic director at Alabama, one of the country’s premier talent factories – was a black eye for the NCAA, the keystone cops who style themselves as virtuous defenders of amateurism in college sports while reaping billions off the backs of student-athletes, the majority of them Black and quite economically disadvantaged. The extent of the scheme wasn’t fully understood until one of the schemers, a middle-aged moneyman named Marty Blazer, was turned into an FBI informant. 

...

"Lawson’s latest nonfiction book, Hot Dog Money, is Blazer’s Goodfellas story – one largely told from Lawson’s one-on-one interviews with Blazer

...

"He was a mid-level financial adviser making six figures trading stocks and bonds with a client roster that slowly grew to include select members of the NFL’s Pittsburgh Steelers. The story of William “Tank” Black, the powerful football agent indicted for running a Ponzi scheme fueled with Detroit coke money, sparked Blazer’s larger ambitions.

"Blazer teamed up with an agent and recruited football players from Pennsylvania colleges with the aim of attaching himself to future pros. That’s where the “hot dog money” came in. Blazer didn’t just pass cash-filled envelopes under the table. He sent money home to players’ struggling families, supplied them with luxury cars, paid for lavish trips to Miami and Las Vegas, and comped their inevitable strip club binges. Sometimes he’d arrange to have girls flown in for parties closer to campus. “The girls are being trafficked, the kids are being trafficked,” says Lawson. “Forget morality, how do you even describe the decency of it all? This is what the swirling of a flushing toilet looks like.”

"In a typical hot dog money scheme, a college player receives cash in the form of a forgivable loan with the understanding that the bagman’s aboveboard services will be retained once the player turns pro; depending on the player, the bagman can make his money back many times over in boring management fees. A proudly devoted husband and father of three, Blazer was more interested in helping his clients make the most out of a corrupt system and went the extra mile to look out for them, paying for information that could help clients avert potential disaster.


Tuesday, June 4, 2024

The ban on paying college athletes is history

 The idea that paying college athletes is wrong has given way to the realities of the sports markets in which they perform.  For many years, college athletes were required to be unpaid amateurs, but that time has passed.

The WSJ has the story.

NCAA Agrees to Share Revenue With Athletes in Landmark $2.8 Billion Settlement. Breaking with more than a century of policy, the NCAA will pay billions in damages to former athletes and allow schools to pay athletes up to $20 million a year    By Laine Higgins  and Jared Diamond

"The National Collegiate Athletic Association and the five most prominent athletic conferences agreed to a $2.77 billion settlement of a class-action lawsuit on Thursday, ushering in a new era of college sports in which schools can pay athletes directly. 

"The move marks a dramatic shift for the NCAA, breaking with its century-old stance that college athletes are amateurs and therefore cannot share in any of the money they generate for their universities.

...

"It also marks the latest rule the NCAA has been forced to change amid an onslaught of legal challenges in recent years. 

"First, the NCAA allowed athletes to receive academic bonuses and profit from their name, image and likeness. Now, the biggest domino of all has fallen: For the first time ever, some players are going to be paid directly by their schools for playing their sports—a seismic shift that will completely reshape the business model for the top end of this billion-dollar industry. 

"The result is the creation of a system that will give Division I schools the ability to distribute roughly $20 million a year to their athletes, said people familiar with the matter. "


Friday, April 19, 2024

Sports and celebrity (salary and income)

 Basketball superstar Caitlin Clark recently went pro for a salary of $76,535.  What's going on?  The LA Times has the story of rags and riches...

Caitlin Clark is worth millions. Why will she only make $76,535 in base salary as a WNBA rookie?  By Chuck Schilken

"Clark, the Iowa phenomenon who set the NCAA career basketball scoring record and helped the women’s March Madness tournament reach all-time highs in TV ratings, was the No. 1 overall pick for the Indiana Fever in Monday’s WNBA draft.

"Her jersey sales are already through the roof. The league scheduled the Fever for 36 nationally televised games, more than any other team this season, several days before Clark officially became a member of the team. Likewise, tickets for opposing teams’ home games against Indiana saw a spike in interest (and price) long before draft night.

Clark will make $76,535 in base salary this year as a WNBA rookie, part of a four-year contract worth $338,056.

...

"Those salaries are the maximum allowed for rookies, as laid out in the most recent collective bargaining agreement between the WNBA and its players association

...

"As the WNBA pointed out in a statement emailed to The Times on Tuesday night, however, Clark will have the opportunity to make more money on top of her base salary.

Caitlin Clark stands to make a half million dollars or more in WNBA earnings this coming season,” the statement read, “in addition to what she will receive through endorsements and other partnerships, which has been reported to already exceed $3 million.

...

"In addition to the individual endorsement deals she has already secured, Clark will undoubtedly will have a stream of other lucrative opportunities come her way. BIG3 co-founder Ice Cube has offered Clark $5 million to become the first female player in his three-on-three basketball league.

"Still, it might come as a bit of a shock to learn how relatively little Clark and other star WNBA rookies will make in base salary, especially compared with their counterparts in other leagues. Like Clark, Victor Wembanyama was seen as a generational talent when he was selected No. 1 overall by the San Antonio Spurs in the 2023 draft. His four-year rookie contract is worth $55.2 million."

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Update:

 How Nike Won the Battle for Caitlin Clark  By Rachel Bachman, WSJ, April 19, 2024

"When it came to Clark, Nike looked even further into the future. The duration of the proposed contract, eight years, suggests that the brand sees not only long-term stardom potential, but truly global appeal. The next eight years, Nike executives reasoned, would give Clark a chance to represent the U.S. at three Olympic Games—this summer in Paris, 2028 in Los Angeles, and 2032 in Brisbane, Australia. (The U.S. roster for Paris won’t be announced until June or July.)

"Nike’s initial offer of $3.5 million a year, though an eye-popping number, didn’t initially come with a signature shoe. One possibility floated was that Clark would instead become the female face of the Kobe Bryant line, which relaunched in August 2023 to great fanfare.

"In its final offer to Clark, however, Nike upped its offer to include a signature shoe. That would give her the most lucrative and attractive shoe deal in women’s basketball—and yet another record for her collection."

Friday, April 12, 2024

Gambling on sports, by and on athletes

 Now that sports betting is legal, and apps allow people to bet on particular events within a game as it unfolds, there is concern that players could be (illegally) incentivized to under-perform in order to cause some bets to become winning bets.

The WSJ has the story:

America Made a Huge Bet on Sports Gambling. The Backlash Is Here.  Less than six years after a Supreme Court ruling paved the way for widespread legal sports gambling in the U.S., sports leagues face an onslaught of scandals related to betting.  By Joshua Robinson, , Jared Diamond,  and Robert O'Connell

"American sports spent more than a century keeping gambling as far away as possible, in the name of preserving competitive purity and repelling scandal and corruption. 

"Now, less than six years after the Supreme Court opened the door for states to embrace legal sports betting, major U.S. leagues are already confronting the darker sides of sports betting with alarming frequency. And at the heart of the problems is the population whose ability to bet on sports is the most severely curbed: the athletes themselves.

...

"The situation has become worrisome enough that National Collegiate Athletic Association president Charlie Baker on Wednesday amped up his organization’s call for a nationwide ban on bets on the performance of individual college athletes. 

...

“All of the positive benefits and additional fan engagement that could potentially come from sports betting mean nothing if we’re not protecting the integrity of the game,” Marquest Meeks, MLB’s deputy general counsel for sports betting and compliance, said in an interview last summer.

"Gambling scandals have long tainted sports. The 1919 Black Sox scandal involved eight players accused of throwing the World Series for money. Baseball superstar Pete Rose received a lifetime ban for betting on baseball, a penalty that has blocked the game’s all-time hits leader from the Hall of Fame. Point-shaving scandals have periodically roiled college basketball, and NBA referee Tim Donaghy went to prison for betting on games he officiated.

...

"Odds are now openly discussed on live broadcasts. Ads for betting apps seem to appear during every commercial break and are plastered around stadiums and arenas. Sports leagues even have gambling-focused programming on their official networks. 

...

"What’s at stake now is the promise that lies at the very center of the sports experience: Fans and participants must believe that what they are seeing is true. Yet as the leagues and the gamblers grow closer together, the mere suggestion that players could be motivated to manipulate outcomes has been enough to create fresh doubts

...

"Since the prohibition on sports gambling was lifted, leagues that had once viewed betting as an existential threat to their integrity scrambled to partner with gambling companies and brought them into the tent. This winter, Los Angeles Lakers superstar LeBron James became a brand ambassador for DraftKings, where he will dispense picks for football games. The NBA itself also announced a new feature designed to mesh the betting experience with live action: Fans watching games on League Pass, the flagship streaming platform, would be able to opt in to view betting odds on the app’s interface and click through to place wagers.

"Nothing, however, made the American marriage between sports and betting more public than what took place in the Nevada desert in February: The NFL held its first ever Super Bowl in Las Vegas.

...

“To half the world, I’m just helping them make money on DraftKings,” [Indiana Pacers point guard Tyrese] Haliburton said Tuesday evening, naming one of the league’s partners. “I’m a prop.” He was referring to so-called proposition bets, in which gamblers can place wagers on specific outcomes such as how many points a player scores or rebounds he grabs."

Saturday, February 10, 2024

Gambling in video games--entry level gambling for minors?

 In-game gambling for video game tools has become an unregulated form of online gambling that may provide minors with their first gambling fix...

The Guardian has the story:

‘It’s rotting young people’s brains’: the murky world of gambling in video games. In-game purchases of bonus items have long been available. But now gamers are being lured into casino-style betting to win them.  by Rob Davies

"For the uninitiated, “skins” are virtual items within a computer game that can be bought for money, or won as a reward for gameplay. Skins might be devastating weapons, a snazzy uniform for a character or – in a football game – a player who could be the missing link to complete an all-conquering team.

...

"Typically, skins are contained in “loot boxes” or “cases”, which gamers pay small sums for without knowing what they will get.

"Loot boxes have already become a lightning rod for controversy due to their gambling-style mechanism, although the UK government has refused to recognise them as gambling products.

"While skins can be found in loot boxes, they can also be bought in the online marketplace operated by online gaming platform Steam – the medium through which many games such as CS:GO are played.

"Through that marketplace, skins can also be transferred between players and into the game. There, competitors can use them to gain an advantage, or just for cosmetic effect.

"What bothered Jeff [a professional video gamer], however, was not so much the loot boxes or the skins in themselves but another phenomenon that they have spawned: skins gambling.

'This works like any other casino. You load up your account with funds, place a bet, watch the graphics spin and either win or lose.

"The big difference in this case is that the casino taking your bet has no gambling licence and, in some cases, no reliable mechanism to stop under-18s getting their first taste of gambling – via an online ecosystem that is, to many parents, a total mystery

...

"Some skins carry enormous price tags in the real world. One website that tracks skin prices values a “Gungnir” sniper rifle, available in the CS:GO game, at more than $18,000. A knife – a “factory new, case-hardened Karambit, pattern 387 (blue gem)” – is reputedly the most expensive CS:GO skin in history, attracting a $1.5m offer that its owner turned down. Further down the scale, guns, outfits, stickers and knives sell for hundreds of dollars.

...

"it can be literally child’s play to turn skins into hard cash. To use sites such as KeyDrop, players must have an account on the Steam platform, which was created by the maker of CS:GO, US-based game developer Valve.

"Steam has its own marketplace, where gamers can trade skins. Gift cards to help gamers buy such skins are big business at Christmas, an obvious choice for anyone with a relative or a friend who loves nothing more than spending hours in front of a game.

"The Steam marketplace is self-contained, at least initially. You can load cash into your wallet and use those funds to buy skins from Steam or from other gamers. You cannot, however, withdraw the funds. In ­theory, therefore, the marketplace is not somewhere you could properly cash out any winnings.

"But an industry has sprung up: third-party marketplaces such as SkinBaron and Skinwallet, where you can sell skins, including those won on gambling sites, for real money."

Monday, February 5, 2024

The NFL embraces sports gambling for fans but not for players

 The Superbowl is in Las Vegas, and gambling is being embraced by the NFL for fans, but not for players and other NFL employees.

The NYT has the story:

N.F.L.’s Rapid Embrace of Gambling Creates Mixed Signals. The league is pushing to popularize and benefit from sports betting while still trying to guard against the potential pitfalls for its players, employees and fans.  By Jenny Vrentas

"Since the Supreme Court struck down, in 2018, a federal law that effectively banned sports betting outside Nevada — a prohibition once backed by the N.F.L.’s commissioner, Roger Goodell — the N.F.L. has embraced the gambling industry. It has forged partnerships reportedly worth nearly $1 billion over five years with sports betting companies, and permitted a sports book to operate inside one of its stadiums. Now it even has a team in Las Vegas, which the league shunned for decades because any affiliation was seen as a threat to the integrity of the game.

"Yet the embedding of sports gambling so quickly into the culture of the league has resulted in jarring contradictions. The N.F.L. is pushing to popularize and benefit from sports betting while still guarding against the potential pitfalls that it long condemned. While the league donates money to promote responsible gambling, its broadcasts are peppered with advertisements for sports betting companies. The N.F.L. is part of a growing apparatus that encourages casual fans to regularly place wagers on games, while punishing league employees — most notably players — who might do the same.

...

"Americans legally wagered more than $115 billion on sports in 2023, according to the American Gaming Association, the national trade group for the gambling industry. Nearly 25 million more Americans bet on sports last year than in 2018, the group said, and the number of states where betting on sports is legal will reach 38 this year.

...

"[A] report projected that around $1.5 billion would be legally wagered on next Sunday’s Super Bowl, more than 1 percent of the money bet legally on all sports last year.

...

"n 2021, the year the N.F.L. struck deals with its three sports book partners, it gave the National Council on Problem Gambling a three-year, $6.2 million grant that was used in part to modernize the help line that appears at the bottom of betting ads. The league’s contribution is a small fraction of what gambling companies pay to be part of the N.F.L.’s marketing apparatus, but it is the largest grant in the council’s history and exceeded the nonprofit’s grant total over the previous four years, according to tax filings.

...

"The league’s approach to gambling violations within its own ranks, though, remains punitive. For decades, sports leagues have believed that gambling could damage the integrity of results — with worries over a player’s throwing a game because of a bet, for instance — so the focus has been on enforcement and punishment over prevention and treatment.

"The N.F.L. prohibits league and team personnel from betting on any sport, while players are allowed to bet on sports other than the N.F.L., as long as they do not do so at the team facility or while on team or league business. While in Las Vegas for the Super Bowl, members of the Kansas City Chiefs and the San Francisco 49ers and the hundreds of league employees, many staying at Caesars Palace, are not permitted to play casino games and may enter a sports book only if passing through to another part of the hotel."

Tuesday, June 13, 2023

Market design in major league baseball

 The rules of professional Major League Baseball are changing in an effort to make attending the games more popular.  Among the rule changes are rules requiring pitchers to pitch more quickly, including rules that prevent them from too often taking time to defend against base stealing.  It's a good example of a game within a game: the players have, over time, adjusted their behavior to win games under the existing rules. These behaviors, collectively, have caused games to slow down, take more time, and be less easily appreciated as exciting.  That in turn makes it hard for baseball to fill stadium seats.

The NY Times has the story: 

How New Rules Turned Back the Clock on Baseball, By Ben Blatt and Francesca ParisMay 24, 2023

"Baseball’s future may look a lot like its past.

"Nearly two months into the season, a series of rule changes — including the new pitch clock, enlarged bases and a ban on the infield shift — has translated into a game that evokes the 1980s more than the 2020s."

Tuesday, May 2, 2023

Payment to college athletes: Name, Image and Likeness (NIL) Deals

 The recent changes in what college athletes can be paid for  (and in their ability to transfer freely between schools) has made it profitable for some football players who are eligible for the NFL draft to remain in school.  The NYT has the story:

How transfer, NIL rules thinned out NFL draft QB class: ‘It’s an anemic quarterback class’ by Kalyn Kahler

"the reason for the mid-to-late-round quarterback mass desertion has a lot to do with the growth of the transfer portal and name, image and likeness (NIL) deals.

"In April 2021, the NCAA changed its rules to allow transfers without sitting out a season. A little more than two months later, the NCAA announced its first-ever NIL policy, allowing college athletes to take deals with individual companies, like Bose, and sign deals with collectives affiliated with their schools.

"Collectives are generally made up of donor funds, and they offer contracts to athletes in return for services like autograph signings or event appearances. And in the second season of NIL, collectives are succeeding at incentivizing players at all positions to return to school, and most of all the most important position on the team.

“You’re not necessarily allowed to pay players to return. Like, that can’t be the reason,” said an executive for a collective affiliated with a West Coast university who, like others in this story, was granted anonymity in order to openly discuss details of the hush-hush world of NIL. “But you can talk about their potential when they come back, you’ll have significantly more NIL opportunities than maybe you had the prior year.
...
"You’re not exactly allowed to disclose what people are making,” said the West Coast collective executive. “It has not been laid out from the NCAA and a lot of schools on exactly what you can and can’t talk about. It’s very unclear in a lot of situations, so people naturally get uncomfortable because they don’t know the rules, especially coaches.”

"A veteran NFL agent who represented two draft-eligible Power 5 quarterbacks for their NIL deals said that one transferred to a new program this offseason with the understanding he would make a million-plus through that school’s collective. The agent said the other turned down an offer of more than a million in favor of a transfer to the best football situation, where he’s been promised an amount comparable to an NFL practice-squad salary (in the $200,000 range)."
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Related posts on (previously repugnant) payments to student athletes here.


Thursday, November 24, 2022

Lobbying for sports gambling, with cigars and whisky

 Do addictions go together?  The NY Times has the story of how legalized (online, sports) gambling lobbyists wooed state legislators with whisky and cigars (and campaign contributions, which I guess can be addictive too...). Maybe Thanksgiving football can draw in more of the gathering if there's betting involved? (Not to mention whisky...)

Gambling has long been a repugnant transaction because the consequences of gambling addiction can be destructive for individuals and families. And betting on sports has been repugnant because of the danger that athletes will be drawn into fixing matches (even in once genteel sports like tennis).  Lobbying is a competitive sport too:

Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous By Eric Lipton and Kenneth P. Vogel

"Less than five years ago, betting on sports in the United States was prohibited under federal law except in Nevada casinos and a smattering of venues in other states. Sports leagues argued that the ban safeguarded the integrity of American sports, while consumer watchdogs warned that legal gambling could turn fans into addicts. In countries like Britain, sports gambling free-for-alls had left trails of addiction.

"But in 2018, the Supreme Court ruled that the federal prohibition was unconstitutional.

"DraftKings and FanDuel, giants in the fast-growing field of fantasy sports, had already mobilized an army of former regulators and politicians to press for sports betting in state capitals. Soon, in a crucial reversal, sports leagues overcame their antipathy toward gambling, which they came to see as a way to keep increasingly distracted audiences tuned in. Casino companies also hopped on board.

...

"The results of the lobbying campaign have been stunning: 31 states and Washington, D.C., permit sports gambling either online or in person, and five more have passed laws that will allow such betting in the future.

...

"In May 2018, the Supreme Court struck down the federal ban on sports gambling, ruling it infringed on states’ rights."

*******

Here's a map:




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The NYT has these related stories:

Key Findings From The Times’ Investigation of Sports Betting. By David Enrich

"Four years ago, it was illegal to gamble on sports in most of the United States. Today, anyone who turns on the television or visits a sports website or shows up at a stadium is likely to be inundated with ads to bet, bet, bet."


How Colleges and Sports-Betting Companies ‘Caesarized’ Campus Life. by  Anna Betts, Andrew Little, Elizabeth Sander, Alexandra Tremayne-Pengelly and Walt Bogdanich

"Ever since the Supreme Court’s decision in 2018 to let states legalize such betting, gambling companies have been racing to convert traditional casino customers, fantasy sports aficionados and players of online games into a new generation of digital gamblers. Major universities, with their tens of thousands of alumni and a captive audience of easy-to-reach students, have emerged as an especially enticing target.

"So far, at least eight universities have become partners with online sports-betting companies, or sportsbooks, many in the last year, with more expected."



"Mr. Portnoy rarely if ever mentions the bankruptcy. Yet he and his company, Barstool Sports, are urging their tens of millions of followers to dive into the fast-growing and lightly regulated world of online sports betting."
**********
And here's a story about gambling addiction from The Times of London, which points to online, in-game gambling as a particularly addiction-prone activity (especially during the current World Cup):

"The NHS is “picking up the tab” of the online betting industry, with a surge in suicidal gambling addicts turning up to A&E, doctors have warned."
...
"“People start gambling as soon as they wake up in the morning; they’re gambling in the shower, gambling while they’re driving to work.
...
"Gaskell suggested that doctors' surgeries should routinely ask new patients whether they gambled--in the same way they asked how much alcohol people drank in a week.
...
"Figures from the Gambling Commission show the majority of online betters place bets in play...Customers are able to wager lare sums of money multiple times in a matter of seconds on unfolding events.
...
"There are 400 suicides a year in England lnked to gambling."

Monday, May 2, 2022

The search for tennis talent is unraveling

 It used to be that 11 year old professional tennis players were rare, but it looks like that's not the case any more. The NYT has the story:

Are the Next Global Tennis Stars Among These Tweens? The search for elite players is so competitive that IMG, the agency that once ruled tennis, is cultivating preteens to find the next prodigy  By Matthew Futterman

"The race to find the sport’s next stars has come to this: With eight-figure fortunes potentially at stake, agents and scouts are evaluating and cultivating players even younger than 10 who are just getting started in serious competition.

...

“Nobody wants to have a tournament for 11- and 12-year-olds,” said Max Eisenbud, who leads the company’s tennis division. “I’d rather wait, but the competition forced us into this situation.”

"For years, IMG’s agents collected future stars in two ways: Tweens and young teens (Maria Sharapova for example) either showed up at its academy in Bradenton, Fla., once the premier training ground in the sport, looking for one of the plentiful scholarships; or the agents showed up in Tarbes, France, for Les Petit As, the world’s premier tournament for players younger than 14. 

...

"in recent years, when Eisenbud and his colleagues made their annual trips to Les Petit As, they found that nearly all the most promising players had already signed contracts with other management companies, many of them well-funded boutique operations that were offering generous financial guarantees, sometimes stretching well beyond covering the roughly $50,000 annual cost for coaching and travel on the junior circuit.

"And so, in a sign of cutthroat times in tennis, IMG is aiming younger, even if prospecting preteen talent can be nearly impossible and highly fraught, risking increasing the pressure on children who already put plenty on themselves and, in some cases, carry the financial responsibilities for their struggling families.

...

"Eisenbud famously signed Sharapova when she was 11 years old after watching her hit for 45 minutes with an intensity and flawlessness he had never before seen. Carlos Alcaraz, who turns 19 on Thursday and is already the hottest young player in the men’s game, was deemed worthy of investment as a can’t-miss 11-year-old, too. Then again, Eisenbud was sure the first player he signed, Horia Tecau of Romania, was destined for greatness. Tecau became a top doubles specialist but never cracked the top 300 in singles.

...

 "Finding a future top 50 player from a country or a demographic group that has never produced a tennis star could be groundbreaking and incredibly lucrative."


Thursday, July 22, 2021

Simone Biles in the WSJ. News, sports, ads, endorsements: the money trail is varied and complex:

 Sports, accomplishment, celebrity, endorsements, modeling: The WSJ published last week a long article about Simone Biles, the gymnast who is one of the most dominant athletes in any sport.  It's an article that touches on her past Olympic and other victories, on how she trained during Covid, on her work ethic and ability to concentrate even during the Covid pandemic. It also covers her business ventures and endorsements, and the training facility her family runs.  

The story also addresses darker issues in her family and her sport, including that she was a victim of sex abuse by the now imprisoned USA Gymnastics national team doctor, who was convicted of abusing many young gymnasts.

The article comes with photos, and in many of them she is modeling clothes, which are described by producer and price in the captions, which also refer back to the larger story.  Here is one caption which made me blink as it juxtaposed the story about sex abuse with the price of the clothes she was modeling:

"Biles says that by competing and remaining in the public eye, she is forcing the world to continue to address the Larry Nassar scandal and the many failures that allowed him to prey on gymnasts for years. Kwaidan Editions dress, $990, ssense.com, Mateo earrings, $650, mateonewyork.com, and Completedworks necklace, $240, completedworks.com."

Here's the whole article:

Simone Biles Will Not Be Denied.  "At 24, the most powerful gymnast in history has defied expectations to become even stronger—after surviving abuse, enduring a family ordeal and overcoming her own doubts."    By Louise Radnofsky | Photography by Rahim Fortune for WSJ. Magazine | Styling by Jessica Willis

Wednesday, June 23, 2021

Payments to college athletes, no longer so repugnant

 The longstanding debate over whether college athletes must remain unpaid to preserve their 'amateur' status is starting to reach some conclusions.  Expect more to follow. 

The NY Times has the story:

Supreme Court Backs Payments to Student-Athletes in N.C.A.A. Case. The N.C.A.A. argued that the payments were a threat to amateurism and that barring them did not violate the antitrust laws.  By Adam Liptak and Alan Blinder

"The Supreme Court unanimously ruled on Monday that the N.C.A.A. cannot bar relatively modest payments to student-athletes in a decision that questioned the association’s monopoly power at a time when the business model of college sports is under increasing pressure.

"The decision concerned only payments and other benefits related to education, but its logic suggested that the court may be open to a frontal challenge to the N.C.A.A.’s ban on paying athletes for their participation in sports that bring billions of dollars in revenue to American colleges and universities. In a concurring opinion, Justice Brett M. Kavanaugh seemed to invite such a challenge.

“Nowhere else in America can businesses get away with agreeing not to pay their workers a fair market rate on the theory that their product is defined by not paying their workers a fair market rate,” Justice Kavanaugh wrote. “And under ordinary principles of antitrust law, it is not evident why college sports should be any different. The N.C.A.A. is not above the law.”

"In a statement on Monday, the N.C.A.A. said the ruling “reaffirms the N.C.A.A.’s authority to adopt reasonable rules and repeatedly notes that the N.C.A.A. remains free to articulate what are and are not truly educational benefits.”

"Next week, student-athletes in at least six states are poised to be allowed to make money through endorsements — not because of action by the N.C.A.A., but because of state officials who grew tired of the industry’s decades-long efforts to limit the rights of players.

...

"Less than two weeks before some of the new laws are scheduled to take effect in Alabama, Florida, Georgia, Mississippi, New Mexico and Texas and allow athletes to make endorsements and make money from their social media presences, the N.C.A.A. has not agreed to extend similar rights to players nationwide. And in a setback last week for the association, senior members of Congress said that they did not expect to strike a deal for a federal standard before July 1."

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Several months ago, SCOTUSblog gave a nice summary of the issues (HT: Kim Krawiec):

Amid March Madness, antitrust dispute over college athlete compensation comes to the court   By Amy Howe

"What differentiates college sports from professional sports, the NCAA stresses, is that college sports are played by amateurs – who, by definition, are not paid to play. Having amateurs in college sports, the NCAA adds, promotes competition by giving consumers a choice between college sports and professional sports; that choice is only possible, the NCAA explains, because of the agreement among the NCAA and its members on eligibility and compensation for college athletes.

...

"As far as the athletes are concerned, the court’s inquiry is a straightforward one that boils down to whether the NCAA’s restrictions, imposed in the name of amateurism, create enough benefits for competition to offset the harm that they create. Whether those restrictions are necessary to preserve amateurism, the athletes reiterate, is irrelevant.

...

"A brief by historians derides the concept of amateurism in elite college sports as a “myth that is neither necessary to the activity nor fair to the students who participate.” To the contrary, the scholars note, “top-tier college sports” have flourished even as “amateurism” in the athletes playing those sports has decreased. What’s more, the historians continue, the NCAA’s efforts to rely on amateurism as the basis to shield its eligibility rules from antitrust scrutiny is “profoundly unfair,” as those rules often led to coaches and schools making millions from poor students."


Wednesday, January 27, 2021

Basketball is still adjusting to the three-point field goal

Rules are an important part of the design of marketplaces, and also of games and competitive sports. And it can take time for participants to adjust to changes in the rules and settle into a new equilibrium. Here's some history of 3-point rules in Wikipedia.

The WSJ has the story of the growth of 3-point baskets in professional basketball:

The One Number That Explains the NBA’s 3-Point Revolution--No team had ever taken 40% of its shots as 3-pointers until 2017. Now half the league is doing it.    By Ben Cohen

"When the NBA slapped a 3-point line on the court and declared certain shots worth more than other shots, the single most consequential rule change in modern sports, it would take years for basketball teams to realize they had different incentives. Slowly at first, and then with astonishing speed, they shot more and more 3-pointers. But for almost four decades, there was a limit. No team attempted 40% of its shots as threes. 

"Then it happened in 2017. It happened again in 2018—but with two teams above the 40% threshold. That number would balloon to five in 2019 and nine in 2020. 

"But what’s happening this season is a rapid acceleration of a trend that has reshaped the game. There are currently 15 teams with 3-point rates above 40%. Half the league is now doing something that until recently no team in the history of the league had ever done.

...

"At last year’s MIT Sloan Sports Analytics Conference, an event where many bold predictions about the future of basketball have turned out to be prescient, some NBA team executives felt the 3-point boom was only beginning. 

“The people entering the league today started playing still before this 3-point explosion,” said Mike Zarren, the Boston Celtics’ assistant general manager. “There’s a lot of kids now who are learning to shoot a lot of threes—so there ought to be more good shooters coming.” 

...

"One shot is worth 50% more than another shot a few inches away. In the NBA, a ruthless, zero-sum industry with billions of dollars at stake, that’s incredible value. It’s the type of glaring inefficiency that teams would have to be foolish to ignore. 

“I don’t think we’ve reached the upper limit yet,” said Haralabos Voulgaris, the Mavericks’ director of quantitative research and development. “I think when you start getting into around 60 to 65% 3-point rate, that’s probably where you’re getting toward more diminishing returns.”

Monday, February 24, 2020

Good things to do after a kidney transplant: save an NHL game as an Emergency Backup Goalie (EBUG)

It turns out that in the NHL there is an Emergency Backup Goalie (EBUG) who is available to either team should the need arise. In this case, the Toronto EBUG saved the game for the visiting (opposing) team.

Emergency goalie completes journey from kidney transplant to NHL game
"Fifteen years ago, the aspiring NHL goalie had a kidney transplant with his mom Mary as his donor. His career was secondary. He was just glad to be alive.

"I never thought I'd play hockey again at that moment," Ayres said Saturday. "To go from that to what happened tonight is just unbelievable, unreal."

"Not only did Ayres play hockey Saturday, he was the winning goalie for the Carolina Hurricanes in a 6-3 victory against the Toronto Maple Leafs at Scotiabank Arena."
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42-year-old pulled out of crowd to make NHL debut ... and wins game
"David Ayres was sitting in the stands with his wife at Scotiabank Arena when Carolina Hurricanes goalie James Reimer went down with an injury. Ayers, the on-call emergency netminder in Toronto, left his seat and got half dressed into his gear on the off-chance something might happen to Carolina’s second option, Petr Mrazek.
...
"The next thing the 42-year-old Zamboni driver knew, he was walking down the tunnel and into the spotlight. And not long after, he had an improbable first NHL win. He is the oldest goalie in NHL history to win his regular-season debut.
...
"Ayres has been the emergency goalie in Toronto for about half the games this season and is available to either team. “You kind of think, ‘Oh well how’s this gonna end up?’” said Hurricanes head coach Rod Brind’Amour said. “That’s incredible. That’s why you do this.”

"Ayres was asked what he’ll remember most from the game. “These guys,” he said. “How great they were to me. The crowd in Toronto was unreal. Even though I was on the other team they were so receptive. Every time I made a save I could hear them cheering for me."


HT: Alex Chan

Wednesday, October 30, 2019

NCAA takes steps to allow college athletes to be compensated

Here's the NY Times:

N.C.A.A. Considers Loosening Rules for Athletes Seeking Outside Deals
The governing body for college sports appeared to soften its long-held stance that athletes should not profit from their fame. But it gave no details and said any rule changes required much more discussion.

"ATLANTA — The N.C.A.A. Board of Governors, under increasing pressure from legislatures around the country, voted Tuesday to pave the way for college athletes to profit off their fame, but the decision came with an elephant-size caveat: Any policy changes must maintain clear distinctions between amateur athletes and professional ones.

The vote was a surprising turn by the N.C.A.A., which for years has resisted calls for athletes to be compensated for the use of their names, images and likenesses. The board was responding to a report from a committee studying the issue and was expected to do little more than give the committee extra time to do its work.

The N.C.A.A. president, Mark Emmert, acknowledged that the passage of a bill in California that would permit sponsorships, the emergence of more than a dozen others like it nationwide and calls for change from prominent athletes like LeBron James had nudged his organization into action."
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See previous post:

Tuesday, October 1, 2019



Tuesday, October 1, 2019

College athletes can be paid for endorsements in California: an end to an American repugnance?

College sports in the U.S. has long been an anomaly--our overseas colleagues must run colleges for reasons other than sports, but in the U.S. college sports are a big deal. And being a big-time college athlete leads to lucrative professional careers for some, but while in college the powers that be have long ruled that athletes can't be paid.  That may now be changing.

The NY Times has the story:

California Governor Signs Plan to Let N.C.A.A. Athletes Be Paid
Gov. Gavin Newsom signed a bill to allow college athletes to hire agents and make money from endorsements. The measure, the first of its kind, threatens the business model of college sports.

"The governor’s signature opened a new front of legal pressure against the amateurism model that has been foundational to college sports but has restricted generations of students from earning money while on athletic rosters.

"If the law survives any court challenges, the business of sports would change within a few years for public and private universities in California, including some of the most celebrated brands in American sports. So, too, would the financial opportunities for thousands of student-athletes, who have long been forbidden from trading on their renown to promote products and companies.

“Every single student in the university can market their name, image and likeness; they can go and get a YouTube channel, and they can monetize that,” Newsom said in an interview with The New York Times. “The only group that can’t are athletes. Why is that?
...
"In a statement on Monday, the N.C.A.A., which had warned that it considered the measure “unconstitutional,” said that it would “consider next steps in California” and that “a patchwork of different laws from different states will make unattainable the goal of providing a fair and level playing field.”

The state’s rebuke of a system that generates billions of dollars each year went against powerful universities, including California, Stanford and Southern California. The schools said the law would put their athletes in danger of being barred from routine competitions and showcase events like the College Football Playoff and the men’s and women’s N.C.A.A. basketball tournaments, made-for-TV moments that help some universities log more than $100 million each in annual athletic revenue."

Friday, August 30, 2019

Kidney donor athlete: Steve

Kidney donors have to be in excellent health, and the site Kidney Donor Athletes celebrates some exceptional donors, particularly as they return to their physically active lives after donating a kidney.

The recent entry Meet Kidney Donor Athlete, Steve!,  is inspiring on multiple levels. It is the story of the donor (and the people he met along the way) who started the chain at Virginia Mason hospital in Seattle, that I blogged about after hearing from the transplant nephologist Dr. Cyrus Cryst:

Monday, March 25, 2019

Here's how he describes his wife's reaction to his decision to become a non-directed donor:
"My wife said to me “This is the weirdest midlife crisis I have ever heard of.”  I told her, “You know, some guys buy Corvettes and have affairs.”  That quieted her down.  For a minute."

And here's a thought on where chains can go:
"I was elated to learn that the other donation would be to a Native Alaskan woman from Utqiagvik, Alaska, which is the northernmost town in the U.S.  Just think of how terrifying it must be to live in an Arctic village with a serious health problem.  Her odds of receiving a kidney were very small.  There is no way she could have gotten herself to Seattle in time to receive a deceased person’s kidney.  She does not live right around the corner.  And, having spent much of my working career sailing all over the Bering Sea and the Arctic Ocean, I have a deep emotional connection to Alaska.  It just felt right."
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In separate correspondence, I learned that one of the hardships for Debbie, from Utqiagvik in Alaska, was that for some time after her transplant "it meant I couldn't eat raw whale muktak (outer skin and blubber of the whale ) which i love..."