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Does Gaining or Losing a Star Player Affect Franchise Valuation Differently for Different Teams?

by McCully, Caroline Zara

Abstract

This study investigates a superstar’s affect on the value of different NBA teams. Two team’s values were examined over the course of ten years and then used to explore the statistical value of that player on each franchise. Recent literature has examined the impact of star power on NBA gate revenues and the effect NBA player’s have on policy and our economy but none has explored LeBron James’ significance to the two teams he has played for. The evidence presented suggests LeBron’s star power is more valuable to Cleveland. Additional empirical results are reported in the text.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College
PID
coccc:11342
Digital Origin
born digital
Extent
21 pages : illustrations
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Rappaport, Neal
Department/Program
Department of Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College
Date Issued
2015-05