SALARY CAP REGULATION IN PROFESSIONAL TEAM SPORTS.

This paper analyzes the effects of a percentage-of-revenue salary cap in a team sports league with win-maximizing clubs and flexible talent supply. It shows that a percentage-of-revenue cap produces a more balanced league and decreases aggregate salary payments. Taking into account the idiosyncrasie...

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Bibliographic Details

Published in:	Contemporary Economic Policy Vol. 30; no. 3; pp. 307 - 320
Main Authors:	DIETL, HELMUT M., FRANCK, EGON, LANG, MARKUS, RATHKE, ALEXANDER
Format:	Article
Published:	Wiley-Blackwell Jul2012
Subjects:	Salary caps in sports Team sports Revenue Athletic leagues Sports law Athletic clubs Wage payment systems Finance
Online Access:	View this record in EBSCOhost