Talent and/or Popularity- What does it take to be a Superstar?

According to this article, they determine the contributions that make an athlete a superstar in that sport. They assume that in individual sports, the most talented athlete enjoys the highest probability of winning. They show this by using professional soccer as their example. First you have to estimate a team production function to identify the playing characteristics that significantly influence the probability of team winning. Then you use the individual performance statistics of all variables that have proved to be critical for winning as indicators of the player’s talent. They estimated the impact of talent, popularity and various controls on the player’s market value, using data from the highest German soccer league. They also found evidence that both talent and nonperformance related popularity increases the market value of soccer stars. Every goal scored by an individual increases the player’s market value and shows their star performance.


Source- Talent and/or Popularity- What does it take to be a Superstar?
Author: Egon Frank