Quaterback by Committee - A Response in Memory of Dan Markel
Harvard Journal of Sports & Entertainment Law, Vol. 6, No. 1, pp. 159-68, 2015
11 Pages Posted: 22 Jul 2015
Date Written: July 20, 2015
In Catalyzing Fans, Dan Markel, Michael McCann and Howard Wasserman propose so-called “Fan Action Committees” (“FACs”), whereby fans would crowdfund a sum of money and then spend it to influence the personnel decisions of their favorite teams. This Response — dedicated to the memory of Dan Markel — suggests that an effective FAC could upset a team’s overall hiring and compensation system, thereby risking a downturn in team performance to the detriment of all concerned.
Keywords: Crowdfunding, Sports, Fans, Markel, Manning, Tebow, Corporation, Management
JEL Classification: K00, K12, K2, K20, K22, O1, O16, O3, G3, G30, G32, M12, M5, M51, M52, D7, D71
Suggested Citation: Suggested Citation