Sunday, August 30, 2009

Shevchenko back to Dynamo

Shevchenko has signed for Dynamo
http://www.kyivpost.com/nation/47756

I wonder whether there are any measurable effects of a star-player going back to his home team to retire -does it give a boost to the team's performance? to the team's sales revenues? Do the benefits outweigh the costs?

I haven't seen any studies on this (while there are many studies on how changes in trainers affect performance) but some discussion related to this in the context of American Football can be found on the Sports Economist Blog http://www.thesportseconomist.com/

"Anyways, if you take that $195 million figure as a spot-on estimate and if you hold all else equal for the 2009 season, the signing of Favre for $12.5 million per year tells you that the Vikes expect Favre to generate at least 6.4% more in revenue this year than if he did not sign (did I bother to mention the overall economy???). That seems a stretch for a 39 year-old injured QB, albeit a star."

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