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

The cost of players’ injuries to professional sports leagues and other sports organizations 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/approachThe authors have reviewed the literature on the cost of players’ injuries to professional sports leagues and other organizations.FindingsThe authors concluded that players’ injury costs are substantial and sufficiently variable to be a primary source of financial uncertainty for a team.Originality/valueThis 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Managerial Finance Emerald Publishing

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

Managerial Finance , Volume 47 (6): 10 – Jun 3, 2021

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References (30)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
0307-4358
DOI
10.1108/mf-06-2020-0301
Publisher site
See Article on Publisher Site

Abstract

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/approachThe authors have reviewed the literature on the cost of players’ injuries to professional sports leagues and other organizations.FindingsThe authors concluded that players’ injury costs are substantial and sufficiently variable to be a primary source of financial uncertainty for a team.Originality/valueThis 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.

Journal

Managerial FinanceEmerald Publishing

Published: Jun 3, 2021

Keywords: Sports injury; Sports finance; Uncertainty; Risk; Mortality risk; Concussion; Compensating risk differential pay

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