Sanderson is an oft-cited authority on sports economics issues, a contributor to op-ed pages on sports and non-sports topics in newspapers around the country and a frequent guest on national and Chicago-area television and radio programs. He writes a bi-monthly column "On Economics" for Chicago Life. In 1998 he was a recipient of the University of Chicago’s prestigious Quantrell Award for teaching excellence. He also ran the Chicago Marathon in 1998, 1999 and 2002. His local community/volunteer commitments have included STRIVE (a tutoring program), and the Intercity Youth Charitable Trust.
Sanderson serves on the editorial board of the Journal of Sports Economics and as a referee for the Journal of Political Economy, Journal of Business, Journal of Law and Economics, Journal of Economic Education, Journal of Labor Economics, Journal of Human Resources,and Southern Economic Journal. Recent speaking engagements include lectures in Osaka, Japan; the Knight Center for Specialized Journalism; Clemson University; BYU; three Universities in China; the Economic Club of Chicago with baseball commissioner Bud Selig; and more than 20 University of Chicago alumni clubs across the country.