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The Impact Of International Baseball Players On Mlb Organizations: An Analysis Of Performance, Attendance, Revenue, And Valuation, 2012-2022, Aidan Booth Jan 2024

The Impact Of International Baseball Players On Mlb Organizations: An Analysis Of Performance, Attendance, Revenue, And Valuation, 2012-2022, Aidan Booth

CMC Senior Theses

This thesis investigates the impact of international baseball players on MLB organizations. The paper uses the Sean Lahman Database focusing on team-wide statistics including performance metrics, winning percentage, and attendance. Using the Ordinary Least Squares (OLS) Regression model, the paper examines the effect of share of foreign-born players on team success, attendance, revenue, and valuation. The dataset controls for a number of variables throughout these regressions including payroll, population, stadium capacity, number of all stars on each team, and the number of competing professional sports teams in the metropolitan area in order to isolate the effect of foreign-born players on …