Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
© 2015 Matthew E Howell
Major League Baseball owners possess different types of functional background experience. I examine the financial and on-field effects of the functional and geographic background of owners in the MLB from 2001-2014. A functional background in entrepreneurship appeared to have an insignificant effect on a team’s payroll expense and on-field performance. However, teams owned by corporations appeared to have significantly lower payrolls than all other teams, a relationship that supports the theory that corporations are not concerned with their team’s on-field performance. The operating income of teams, with owners, who inherited the franchise from a family member or purchased the team using an inherited trust, was significantly higher than other teams. However, the number of team wins was negatively affected by owners, who inherited ownership. A personal tie between the owner and the team’s location was insignificant as a determinant of team payroll expense and team wins.
Howell, Matthew E., "MLB Owners' Functional Background and their Franchise's Performance" (2016). CMC Senior Theses. 1260.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.