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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | Overshadowed by Popularity: The Value of Second-Tier Stars in European Football |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | Journal of Sports Economics |
| Publisher | Sage Publications |
| Geographical Reach | international |
| ISSN | 1527-0025 |
| Volume | 24 |
| Number | 8 |
| Page Range | 1026 - 1054 |
| Date | 2023 |
| Abstract Text | While second-tier stars lack popularity compared to superstars, their marginal contribution to team performance on the pitch relative to that of superstars is unknown. Relying on league-specific preseason market value distributions to define superstars and second-tier stars, we compare the marginal contributions of superstars and second-tier stars to team performance on the pitch in the top five European football leagues. Examining the impact of unexpected injury-related absences, we find that second-tier stars’ marginal contribution is at least equal to that of superstars. Thus, the players with arguably the highest costs for clubs do not contribute accordingly to short-run sportive success. |
| Digital Object Identifier | 10.1177/15270025231187880 |
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| Keywords | Economics, Econometrics and Finance (miscellaneous) |