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This Comment examines the legal challenges a team in the National Hockey League could face stemming from the recruitment and contracting of a player from another country who is already under contract with a team in his home country. Specifically, this Comment focuses on the relevant statutory...
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During the early days of professional baseball, the dominant major leagues imposed a “reserve clause” designed to limit player wages by restricting competition for labor. Entry into the market by rival leagues challenged the incumbent monopsony cartel's ability to restrict compensation....
Persistent link: https://www.econbiz.de/10012970553
The 1997 collective bargaining agreement between the Major League Baseball (MLB) owners and players' union introduced a luxury tax on club payrolls. The purpose of the tax was to restrain spending by the highest revenue producing clubs, thus enhancing completive balance. The 2003 collective...
Persistent link: https://www.econbiz.de/10013006841
By most accounts, the National Basketball Players Association (NBPA) — the union representing the players in the NBA — conceded a significant amount of money and other contractual terms in the new ten-year collective bargaining agreement (2011 Agreement) that ended the 2011 NBA lockout....
Persistent link: https://www.econbiz.de/10013053945
there exists reverse discrimination with white athletes in the NBA. Following Altonji and Pierret (2001), I use a …
Persistent link: https://www.econbiz.de/10013056109
Albert Pujols and Mark Buehrle were Major League Baseball free agents following the 2011 baseball season. Ultimately, Pujols signed a 10-year contract with the Los Angeles Angels of Anaheim, Calif., totaling $240 million (excluding incentive provisions), and Buehrle signed a four-year contract...
Persistent link: https://www.econbiz.de/10013057307
The impact of contract length on player performance has received attention in the sports economics literature. Players are said to shirk following the signing of a guaranteed contract if performance falls below some level of expected performance. While much of the literature uses OLS to identify...
Persistent link: https://www.econbiz.de/10012923991
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further arguing that a free market in sports teams and athletes once existed and could work again if the monopolists of MLB …
Persistent link: https://www.econbiz.de/10012590773