In a Yahoo! Sports story about this year’s NHL lockout coming to an end, Victor Matheson, associate professor of economics at the College of the Holy Cross, commented on the long-term economic effects of game stoppages and lockouts.
Having researched strikes in the NFL, NBA and NHL, he said there was little to no impact on the leagues’ bottom lines. “Attendance and viewership bounced back essentially 100% immediately. At least the first evidence we have suggests no long-run effect at all.”
This “Holy Cross in the News” item by Kristine Maloney.
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