We define two professional sports clubs as rivals if their consistent talent belief is positive. That is, they engage in some degree of talent matching. We then construct a simple two-team Stackelberg model with revenue sharing based on profit maximizing clubs. Clubs will always engage in talent...

Chapter 1. On the Rise: Player compensation and multiyear contracts -- Chapter 2. The puzzle of overpaid and underpaid players -- Chapter 3. Contract Options for Buyers and Sellers of Talent -- Chapter 4. Extensions to the put option model -- Chapter 5. Concluding remarks.