by XBand15 » Tue Jul 15, 2014 3:48 pm
From what I understood from the article, they are basically making a model of revenue as a function of team quality and market potential and then comparing it to the revenue data that the schools publish. So they are basically looking at how much revenue a team should make and comparing it to the revenue data the teams said they made. Seems kind of fishy to me personally (especially since schools tend to skew those numbers) but I do like how the model is suppose to look at support based off of team quality. The statisticians that wrote this are trying to make the point that any team could sell out a 16,000 seat area if they are winning 30 plus games a year but that you can get a better since of fan support based off of their fan equity rankings. Fan equity takes into account scenarios were the team may be performing badly or is playing in a smaller arena or is situated in a small market. All of these would have potential impact on fan support. Like I said this is a really weird way to look at fan support and seems fishy to me but it is still an interesting angle to consider.