Hastings, Kelly M.; Stephenson, Frank - In: International Journal of Financial Studies : open … 3 (2015) 2, pp. 75-83
The NBA's 1999 Collective Bargaining Agreement (CBA) included provisions capping individual player pay in addition to team payrolls. This study examines the effect the NBA's maximum player salary on player rents by comparing player pay from the 1997 - 1998 and 2003 - 2004 seasons while...