Resource title

Player Remuneration in Professional Team Sports Leagues - Is there a Trade-off between Pay and Contract Length? - Empirical Evidence from the NBA

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Resource description

Until recently, the transfer of professional teamplayers between European clubsplaced limits on the operations of a free market in that there were rules restricting theterms placed on such transfers. However, the ruling of the European Court of Justicein December 1995 in the "Bosman case" declared that such arrangements were contraryto the provisions of article 48 of the EEC treaty. The effects of the ruling –a redistributionof property rights from the clubs to the players- induced an increase of averageplayer salaries and longer contract duration. Using data from the National BasketballAssociation (NBA) the paper discusses a highly similar reallocation of propertyrights in North America and tests empirically the -so far- inconclusive question, ifremuneration and contract-length are complementary or substitutes.

Resource author

Bernd Frick, Joachim Prinz

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Resource publish date

Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/6906

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