ABSTRACT
This chapter provides some evidence about sports economic globalization, and deals with the most significant drivers of a sport event’s quality—outcome uncertainty, unpredictability, attractiveness. It explores the financial disparities between sporting competitors, and explains allocation of sporting talent—labor—in the face of issues met by the several global sport contests. Sport mega-events have become entirely global, whether they are contests of opposing national squads, sport teams in a league or individual athletes. In sport leagues, the great bulk of regulation comes through revenue redistribution. The league leaves financial and sporting disparities to deepen in its national championship. Temporary or permanent sportsmen and women migration generates a demand for changing citizenship in one direction—that associated with mobility from developing to developed countries. Economic globalization of sport operates in such a way that a number of sport contests, namely soccer contests, tend to be unbalanced.
