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Closed League
In sports, a closed league is a type of sports league where the number and identity of the teams taking part in the sports league activities does not change from year to year due to the performance of the member teams. A closed league is the opposite of leagues with promotion and relegation systems (often referred to as open leagues) where teams can be sent down to lower leagues if their performance is poor enough. Closed leagues are the most common form of sports leagues in North America and is also a common form of sports league in Australia and Singapore. Motorsport series such as Formula one have also been described as closed leagues. Closed leagues are sometimes considered a form of sport monopoly. Development Closed leagues developed in North America during the 19th Century because of the distances between cities, with some teams separated by half of the North American continent, resulting in high traveling costs. The National League of Professional Base Ball Clubs was est ...
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Promotion And Relegation
In sports leagues, promotion and relegation is a process where teams are transferred between multiple divisions based on their performance for the completed season. Leagues that use promotion and relegation systems are often called open leagues. In a system of promotion and relegation, the best-ranked team(s) in the lower division are ''promoted'' to the higher division for the next season, and the worst-ranked team(s) in the higher division are ''relegated'' to the lower division for the next season. In some leagues, playoffs or qualifying rounds are also used to determine rankings. This process can continue through several levels of divisions, with teams being exchanged between adjacent divisions. During the season, teams that are high enough in the league table that they would qualify for promotion are sometimes said to be in the ''promotion zone'', and those at the bottom are in the ''relegation zone'' or Reg zone (colloquially the ''drop zone'' or ''facing the drop''). An a ...
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Monopoly
A monopoly (from Greek language, Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or company, enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a Market (economics), market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterized by a lack of economic Competition (economics), competition to produce the good (economics), good or Service (economics), service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb ''monopolise'' or ''monopolize'' refers to the ''process'' by which a company gains the ability to raise ...
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National League
The National League of Professional Baseball Clubs, known simply as the National League (NL), is the older of two leagues constituting Major League Baseball (MLB) in the United States and Canada, and the world's oldest extant professional team sports league. Founded on February 2, 1876, to replace the National Association of Professional Base Ball Players (NAPBBP) of 1871–1875 (often called simply the "National Association"), the NL is sometimes called the Senior Circuit, in contrast to MLB's other league, the American League, which was founded 25 years later and is called the "Junior Circuit". Both leagues currently have 15 teams. After two years of conflict in a "baseball war" of 1901–1902, the two eight-team leagues agreed in a "peace pact" to recognize each other as "major leagues". As part of this agreement, they drafted rules regarding player contracts, prohibiting "raiding" of rosters, and regulating relationships with minor leagues and lower level clubs. Each league ...
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Journal Of Economic History
''The Journal of Economic History'' is an academic journal of economic history which has been published since 1941. Many of its articles are quantitative, often following the formal approaches that have been called cliometrics or the new economic history to make statistical estimates. The journal is published on behalf of the Economic History Association by Cambridge University Press. Its editors are Ann Carlos at the University of Colorado and William Collins at Vanderbilt University. Its 2016 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as ... is 1.101. References External links * {{DEFAULTSORT:Journal Of Economic History, The Economics journals Economic history journals English-language journals Publications established in 1941 Quarterly journals Cam ...
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English Football League
The English Football League (EFL) is a league of professional football clubs from England and Wales. Founded in 1888 as the Football League, the league is the oldest such competition in the world. It was the top-level football league in England from its foundation until 1992, when the top 22 clubs split from it to form the Premier League. The EFL is divided into the Championship, League One and League Two, with 24 clubs in each division, 72 in total, with promotion and relegation between them; the top Championship clubs change places with the lowest-placed clubs in the Premier League, and the bottom clubs of League Two with the top clubs of the National League. Although primarily an English competition, several clubs from Wales – currently Cardiff City, Swansea City and Newport County – also take part. The Football League had a sponsor from the 1983–84 season, and thus was known by various names. For the 2016–17 season, the league rebranded itself as ...
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The Football Association
The Football Association (also known as The FA) is the Sports governing body, governing body of association football in England and the Crown Dependencies of Jersey, Bailiwick of Guernsey, Guernsey and the Isle of Man. Formed in 1863, it is the oldest football association in the world and is responsible for overseeing all aspects of the amateur and professional game in its territory. The FA facilitates all competitive football matches within its remit at national level, and indirectly at local level through the county football associations. It runs numerous competitions, the most famous of which is the FA Cup. It is also responsible for appointing the management of the English national football team, men's, England women's national football team, women's, and England national under-17 football team, youth national football teams. The FA is a member of both UEFA and FIFA and holds a permanent seat on the International Football Association Board (IFAB) which is responsible for th ...
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Football Alliance
The Football Alliance was an association football league in England which ran for three seasons, from 1889–90 to 1891–92. History In 1888, the same year the Football League was founded, The Combination was established by clubs who had been excluded from the Football League, initiated by Crewe Alexandra secretary J. G. Hall, and announced at the Royal Hotel in Crewe. However, while the Football League quickly proved a success, the Combination lacked central organisation, with poor planning and unfulfilled fixtures, and failed to complete its first season, finishing in April 1889 without a winner. Foundation Several of The Combination founders met after the final Combination board meeting to discuss a new combination; four of those who agreed in principle to form a new league, South Shore, Burslem Port Vale, Notts Rangers, and Derby Midland, did not in fact do so, while Grimsby Town, originally considered too distant, was brought back into the fold. The remaining clubs th ...
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Football League Second Division
The Football League Second Division was the second level division in the English football league system between 1892 and 1992. Following the foundation of the FA Premier League, the Football League divisions were renumbered and the third tier became known as the Football League Second Division. After the rebranding of the Football League in 2003–04, it became known as Football League One. Early history In 1888, Scotsman William McGregor a director of Aston Villa, was the main force between meetings held in London and Manchester Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The t ... involving 12 football clubs, with an eye to a league competition. These 12 clubs would later become the Football League's 12 founder members. The meetings were held in London on 22 March 1888. ...
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Football League First Division
The Football League First Division was a division of the Football League in England from 1888 until 2004. It was the top division in the English football league system from the season 1888–89 until 1991–92, a century in which the First Division's winning club became English men's football champions. The First Division contained between 12 and 24 clubs, playing each other home and away in a double round robin. The competition was based on two points for a win from 1888 until the increase to three points for a win in 1981. After the creation of the Premier League, the name First Division was given to the second-tier division (from 1992). The name ceased to exist after the 2003–04 First Division season. The division was rebranded as the Football League Championship (now EFL Championship). History The Football League was founded in 1888 by Aston Villa director William McGregor. It originally consisted of a single division of 12 clubs ( Accrington, Aston Villa, ...
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Southern Football League
The Southern League is a men's football competition featuring semi-professional clubs from the South and Midlands of England. Together with the Isthmian League and the Northern Premier League it forms levels seven and eight of the English football league system. The structure of the Southern League has changed several times since its formation in 1894, and currently there are 84 clubs which are divided into four divisions. The Central and South Divisions are at step 3 of the National League System (NLS), and are feeder divisions, mainly to the National League South but also to the National League North. Feeding the Premier Divisions are two regional divisions, Division One Central and Division One South, which are at step 4 of the NLS. These divisions are in turn fed by various regional leagues. The league has its administrative head office at Eastgate House in the City of Gloucester. History Football in the south of England Professional football (and, indeed, profession ...
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Football League Third Division
The Football League Third Division was the third tier of the English football league system in 1920–21 and again from 1958 until 1992. When the FA Premier League was formed, the division become the fourth tier level. In 2004, following the formation of the Football League Championship, the division was renamed Football League Two. Founder clubs of the Third Division (1920) Most of these clubs were drawn from what was then the top division of the 1919–20 Southern Football League, in an expansion of the Football League south of Birmingham. As Cardiff City was long considered a potential entrant for the Second Division due to their FA Cup exploits and Southern League dominance, they were sent directly into the Second Division and Grimsby Town, who finished in last place in the Second Division in 1919–20, were relegated. * Brentford * Brighton & Hove Albion * Bristol Rovers * Crystal Palace (inaugural champions in 1920–21) * Exeter City * Gillingham * Grimsby Town ...
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Tanking (sports)
Tanking in sports refers to the practice of intentionally fielding non-competitive teams to take advantage of league rules that benefit losing teams. This is a much more common practice in American sports that utilize closed leagues than in sports leagues in other nations, which typically penalize poor performers using a promotion and relegation system, in which the worst teams after each season are sent to a lower-tiered league and replaced with that league's best teams. Relegation costs teams revenue and makes it more difficult for them to attract top talent, making tanking unfeasible. Tanking teams are usually seeking higher picks in the next draft, since league rules generally give the highest draft picks to the previous season's worst teams. Teams that decide to start tanking often do so by trading away star players in order to reduce payroll and bring in younger prospects. While the terms tanking and rebuilding are sometimes used interchangeably, there are differences between t ...
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