Mendoza College of Business
Professor Emeritus of Finance
November 11, 2025
"It's really stupid because it risks your future income going to zero," says Richard Sheehan, a finance professor at Notre Dame, his voice laced with disbelief in dissecting similar NBA tangles. Sheehan, who tracks athlete wealth flows, laments how even fortified bankrolls crumble under greed's pull—$40 million feels hollow when chasing that extra million blinds you to the abyss. His words carry a raw sting, evoking the heartbreak of families watching empires evaporate, a poignant reminder that no salary shields against self-sabotage's cruel bite.
Fox News
Video
October 27, 2025
Notre Dame professor Richard Sheehan speculates about the possibilities of what led to Chauncey Billups, Terry Rozier, and Damon Jones to allegedly participate in illegal gambling schemes.
BBC News
Video
October 24, 2025
Richard Sheehan, professor emeritus, University of Notre Dame
Newsweek
October 23, 2025
Richard Sheehan, professor emeritus of finance at the University of Notre Dame and author of Keeping Score: The Economics of Big-Time Sports, says the recent NBA betting scandal may not significantly damage public trust in regulated sports markets. Sheehan argues that while leagues have long histories of cracking down on misconduct—citing Pete Rose as a prime example—sportsbooks are newer and less visible, making reputational recovery more complex.
Daily Mail
June 07, 2023
'Multiple lawsuits with potentially huge costs, very long potential timelines, and tremendous uncertainty regarding the legal outcomes have a way of focusing participants' attention on issues at hand and the financial and reputational stakes in the balance,' Richard Sheehan, a professor emeritus of finance at Notre Dame's Mendoza College of Business, told ESPN.
June 07, 2023
Richard Sheehan, a professor emeritus of finance at Notre Dame’s Mendoza College of Business who specializes in the economics of sports, said in a statement provided to ESPN that “economic interests do generally win out in the long term.”
Axios
June 07, 2023
"Both had an incentive to settle," Richard Sheehan, a Notre Dame professor who specializes in the economics of sports, told ESPN.
ESPN
June 07, 2023
Richard Sheehan, a professor emeritus of finance at Notre Dame's Mendoza College of Business who specializes in the economics of sports, said in a statement provided to ESPN that "economic interests do generally win out in the long term."
WBEZ
October 11, 2022
They are often overwhelmed and unprepared for such complex negotiations with powerful NFL franchises that “will have the experience of other NFL owners lined up behind them” in their negotiations, said Richard Sheehan, who specializes in the economics of sports at the University of Notre Dame’s Mendoza College of Business.
Fox Weather
Video
April 10, 2022
Richard Sheehan, professor of finance emeritus at the University of Notre Dame, details how weather plays a role in ticket prices.
Associated Press
March 10, 2022
Richard Sheehan, a finance professor at Notre Dame’s Mendoza College of Business who specializes in sports economics, said he’s not surprised that male sports continue to get more coverage than Griner’s case.
WWD, Quick Telecast
February 17, 2022
Asked about the apparent silent strategy by Gu’s sponsors, Richard Sheehan, professor emeritus of finance at the University of Notre Dame, noted the backlash and potential boycott that the National Basketball Association faced after Houston Rockets’ general manager Daryl Morey tweeted in support of Hong Kong’s pro-democracy protests in 2019.
CBC News
July 26, 2021
"It's that shiny object that people want to get hold of," said Richard Sheehan, a professor emeritus of finance at Indiana's University of Notre Dame, who believes there is still an appeal to being a host city.
WSBT
Video
July 22, 2021
Professor Richard Sheehan at the University of Notre Dame is well versed in this topic, and he says that while no classes have been created to educate student athletes on the new agreement, the school will still be finding ways to help out.