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When the crowd evaluates soccer players’ market values: Accuracy and evaluation attributes of an online community

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  • Herm, Steffen
  • Callsen-Bracker, Hans-Markus
  • Kreis, Henning

Abstract

Evaluating the value of athletes to determine whether they should be transferred from one club to another has become a major challenge for managers of sports teams. In the context of German soccer, aficionados have built a large online community that evaluates professional soccer players’ market values. The community has become the main source for reporting market values in the media and has a strong impact on sports economy: it is used in real market transactions and wage negotiations, indicating the power of crowd wisdom in the sports management context.

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  • Herm, Steffen & Callsen-Bracker, Hans-Markus & Kreis, Henning, 2014. "When the crowd evaluates soccer players’ market values: Accuracy and evaluation attributes of an online community," Sport Management Review, Elsevier, vol. 17(4), pages 484-492.
    • Handle: RePEc:eee:spomar:v:17:y:2014:i:4:p:484-492
    DOI: 10.1016/j.smr.2013.12.006
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