How broadcast rights became the most valuable asset in professional sport
Live sport is one of the few things audiences still watch together and in real time. That makes the rights to show it unusually prized, and unusually hard to price.
Sports
Competitions, athletes and the business of sport.
Why public money for new stadiums divides economists and city leaders
Arenas are often pitched as engines of local growth. Many economists remain sceptical, and the reasons say much about how cities should judge large projects.
How player transfer markets work, and why prices can seem so detached from reality
When teams buy and sell the contracts of athletes, they are trading scarce talent under unusual rules. The result is a market prone to bidding wars and sharp swings in value.