Tour

Welcome!
Commissioner Karl Einolf, Ph.D. welcomes you to the Economics Fantasy Football Simulator! You are at the controls of a professional football franchise! Not only do you manage on the field operations, but you also make all financial and economic decisions. Can you win a championship? Can you make a profit?

What is EconFantasy?
EconFantasy.com is currently a 12 team Fantasy Football League Simulation using real National Football League players in real time. Participants in the simulation negotiate a league constitution, make front office financial decisions, and manage on-the-field competition.
(The site is customizable for any sports league - MLB, NBA, NHL, etc. - for any number of teams.)

What is Fantasy Football?
Fantasy Football allows participants to create football franchises by selecting players from actual NFL teams. Each week franchise owners select starting line-ups and compete head-to-head against another fantasy franchise. Points are scored based on the performance of the NFL players (i.e. 6 points for a touchdown, 1 point for every 10 yards rushing, etc.). The franchise with the most points gets the win. After a 10 game season, the top teams enter a playoff to crown the fantasy league champion.

Why EconFantasy.com?

• EconFantasy.com brings the reality of sports economics to the fantasy league.
• Students are assigned to a franchise in markets with different revenue producing potential.
• Students are fully responsible for the financial success of their individual franchise and the league. Students are also responsible for their own on-the-field success and for the competitive balance of the league.
• Students select the NFL players for their fantasy franchise by bidding on them in a free agent market.
• Students set ticket and concession prices for every home game for their franchise.
• Students negotiate stadium sponsorships for their fantasy franchise over the course of the season.
• Students manage their franchise's balance sheet in an effort to be profitable.

Students make a number of decisions for their franchise and their league.

EconFantasy.com students will:

• Negotiate media contracts (as individual franchises or as a collective league).
• Determine media, ticket, concession, and merchandise revenue sharing arrangements (consider implications for league competitveness, fan interest, franchise financial and on-the-field success, and franchise payrolls).
• Determine whether it is possible to collude to keep payrolls low.
• Understand if there is a trade off between being competitive and being profitable.
• Optimally set prices to maximize ticket revenue and concession profits based on factors of consumer demand.
• Determine whether a short or long term sponsorship contract is more appropriate given their attitude toward risk.