sports business

A new tool using math has been designed to help sports franchises keep the fan experience at stadiums and arenas the safest it can be in this era of COVID-19. The formula was developed in part by John E. McCarthy, the Spencer T. Olin Professor of Mathematics in Arts & Sciences and chair of the Department of Mathematics and Statistics at Washington University in St. Louis.

The U.S. sports blackout because of the pandemic has left at least a $12 billion crater in the national economy. And even if stadiums and arenas light up anew soon, they won’t look the same. A sports business expert from the Olin Business School at Washington University in St. Louis doesn’t expect the NBA, NHL and Major League Baseball to welcome fans if/when they return in 2020, for example.

The fifth annual Olin Sports Business Summit convenes Oct. 18 in Knight Hall’s Emerson Auditorium. The 2019 lineup features numerous presentations from industry executives at professional basketball, football and soccer teams.

The 4th annual Olin Sports Business Summit takes place Friday, Sept. 14, at Washington University in St. Louis. The daylong seminar opens the 2018-19 Lacob Family Business of Sports Speaker Series.

North America, even in the face of controversial policies regarding immigration under President Trump’s administration, had more to offer soccer’s international governing body, says Patrick Rishe, a sports business expert from Washington University in St. Louis. As a result, the “United Bid” of the United States, Canada and Mexico was awarded the 2026 World Cup on the eve of this year’s competition in Russia.

The second annual Olin Sports Business Summit will be held at Washington University in St. Louis Sept. 30. Sports executives from across the country will share best practices and discuss trends within the sports business industry.

Male golfers, most of whom are on the PGA Tour, are dropping out of the Summer Olympics en masse. While they’re citing Zika concerns, Patrick Rishe, director of the Sports Business Program at Washington University in St. Louis’ Olin Business School, said there’s another factor at play.

With Rio’s Olympic Games rapidly approaching, today the International Association of Athletics Federations upheld its ban on Russia’s track teams. Sports business expert Patrick Rishe says the move illustrates the economic effect and lasting impact of cheating in sports of all kinds.

According to Patrick Rishe, a sports business expert at Washington University in St. Louis, Peyton Manning’s true impact on the game of football goes beyond his record wins, Super Bowl victories or passing yard record. It also involves a massive financial footprint.

​It’s another far-reaching global sporting scandal as the World Anti-Doping Agency recommends the International Association of Athletics Federations (IAAF) suspend Russia from athletics competition. Washington University’s Olin Business of Sports Program Director Patrick Rishe says the decision could have fallout of Olympic proportion.