The cost of players’ injuries to professional sports leagues and other sports organizations

Bhavneet Walia, Christopher John Boudreaux

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

Purpose: Most literature studies have focused on direct treatment costs of injuries. This literature is extended to include the foregone playing time of players as an additional injury cost. Design/methodology/approach: The authors have reviewed the literature on the cost of players’ injuries to professional sports leagues and other organizations. Findings: The authors concluded that players’ injury costs are substantial and sufficiently variable to be a primary source of financial uncertainty for a team. Originality/value: This study's value has added risk pooling and league-wide revenue sharing as tools to mitigate the risk of injury costs. Previous literature reviews focused predominately on direct treatment costs.

Original languageEnglish (US)
Pages (from-to)779-788
Number of pages10
JournalManagerial Finance
Volume47
Issue number6
DOIs
StatePublished - 2020

Keywords

  • Compensating risk differential pay
  • Concussion
  • Mortality risk
  • Risk
  • Sports finance
  • Sports injury
  • Uncertainty

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Finance

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