The course is designed to study the economics of the four major sports leagues in North America (Major League Baseball, National Basketball Association, National Football League, National Hockey League). It will compare and contrast the different financial dynamics of each league and select franchises (e.g., large market vs. small market, National Football League vs. Major League Baseball, etc.). We will briefly explore alternative and emerging sports such as Women’s Sports, Auto Racing and Soccer. There will also be discussions on leadership and ethics in the business of sports.
A subsection of the course will explore valuation methodologies, labor relations and sports as media content. The course will be highly interactive, and I intend to have a number of guest speakers during the semester, representing franchises and leagues in each of the four major sports, the rating agencies and the media.
Salvatore Galatioto was a Columbia Business School faculty member from 2002 to 2016.