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Browsing by Author "Sivakumar, Arjun"

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    Owners Playing it Safe: A Law and Economics Explanation of Why Sports Franchises Relocate
    (2012) Sivakumar, Arjun
    (10 Willamette Sports L.J., no. 1, 2012, at 1). This article analyzes how state and local taxes can drive a franchise’s decision to relocate. First, the article analyzes the benefits a sports franchise provides that will be lost if a team relocates. Next, the article uses an example to illustrate how unfavorable state and local taxes can influence relocation decision-making by risk-averse team owners, provides empirical evidence from recent relocation cases, and describes how state and local taxes affect the everyday operation of a sports franchise. The article concludes by proposing a revenue-neutral income tax carve-out that corrects the distortionary effect of state and local taxes on sports franchises and allows high-tax cities to keep their teams in an effective and fair manner.