Publication: Overshadowed by Popularity: The Value of Second-Tier Stars in European Football
Overshadowed by Popularity: The Value of Second-Tier Stars in European Football
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Jedelhauser, F., Flepp, R., & Franck, E. (2023). Overshadowed by Popularity: The Value of Second-Tier Stars in European Football. Journal of Sports Economics, 24(8), 1026–1054. https://doi.org/10.1177/15270025231187880
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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
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Jedelhauser, F., Flepp, R., & Franck, E. (2023). Overshadowed by Popularity: The Value of Second-Tier Stars in European Football. Journal of Sports Economics, 24(8), 1026–1054. https://doi.org/10.1177/15270025231187880