Conducting an economic assessment that accurately reflects the value of the subject is a notoriously difficult task, especially when there are so many collateral factors that influence the total value generated by the subject of the assessment. In sports, franchises are tasked with measuring an athlete’s value and constructing a contract that reflects the individual’s overall contributions to his or her team. While the use of advanced analytics has sought to reduce the inherent complexity of this process, CreditUpdates.com has pointed out that there are certain athletes capable of generating a great deal of additional value outside of the realm of competition.
CreditUpdates.com would be likely point out that Kershaw’s on-field performance is only a part of his overall economic value to the Dodgers and the city of Los Angeles. As the co-founder of Kershaw’s challenge, the big left-hander has given back to the Los Angeles community as well as communities all over the world. His dedication to charitable endeavors is responsible for a great deal of additional value and demonstrates how conducting an economic assessment requires a detail-oriented approach that considers a number of varied factors.
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