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Within this paper, we review whether incidences of salary cap circumvention within the Australian professional rugby league competition led to improved home team wins during the period between 2001 and 2012. In doing so, we show that while the salary cap breach amounts can be attributed to an...
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to complementary players. We also show that the 1999 CBA's rookie contract provisions reduced salaries of early career …
Persistent link: https://www.econbiz.de/10010499544
This paper empirically examines the widespread belief that voluntarily negotiated agreements produce better long-run relationships than third-party imposed settlements, such as arbitrator decisions or court judgments. Two key outcomes are analyzed - subsequent player performance and the...
Persistent link: https://www.econbiz.de/10010342436
second most lucrative contract in League history, valued at $102 million over seventeen years. The deal was short lived …, however, as the League rejected the contract on July 21, 2010 claiming that the contract was a circumvention of the League …'s salary cap, as neither the Devils nor Kovalchuk intended for Kovalchuk to play out the term of his contract. As a result, the …
Persistent link: https://www.econbiz.de/10013113608
The effect of marriage on productivity and, consequently, wages has been long debated in economics. A primary … explanation for the impact of marriage on wages has been through its impact on productivity, however, there has been no direct …
Persistent link: https://www.econbiz.de/10013115474
Using a sample of professional baseball players from 1871-2007, this paper aims at analyzing a longstanding empirical observation that married men earn significantly more than their single counterparts holding all else equal (the "marriage premium"). Baseball is a unique case study because it...
Persistent link: https://www.econbiz.de/10013125142
Using panels of player pay and performance from Major League Baseball (MLB), we examine trends in player productivity and salaries as players age. Pooling players of all ability levels leads to a systematic bias in regression coefficients. After addressing this problem by dividing players into...
Persistent link: https://www.econbiz.de/10012729489
This paper estimates the association between salary dispersion and the probability that an NBA team leading two minutes before the end of a playoff game won the game. Economic theory indicates the a priori relationship is ambiguous and the existing empirical literature finds mixed results as to...
Persistent link: https://www.econbiz.de/10012953906