Player Remuneration in Professional Team Sports Leagues

OPEN ARCHIVE

Union Jack
Dannebrog

Player Remuneration in Professional Team Sports Leagues

Vis flere oplysninger

Titel: Player Remuneration in Professional Team Sports Leagues
Is there a Trade-off between Pay and Contract Length?
Forfatter: Frick, Bernd; Prinz, Joachim
Resume: Until recently, the transfer of professional teamplayers between European clubs placed limits on the operations of a free market in that there were rules restricting the terms placed on such transfers. However, the ruling of the European Court of Justice in December 1995 in the "Bosman case" declared that such arrangements were contrary to the provisions of article 48 of the EEC treaty. The effects of the ruling –a redistribution of property rights from the clubs to the players- induced an increase of average player salaries and longer contract duration. Using data from the National Basketball Association (NBA) the paper discusses a highly similar reallocation of property rights in North America and tests empirically the -so far- inconclusive question, if remuneration and contract-length are complementary or substitutes.
URI: http://hdl.handle.net/10398/6906
Dato: 2004-03-23

Creative Commons License This work is licensed under a Creative Commons License.

Filer Størrelse Format Vis
linkwp19.pdf 59.52Kb PDF Vis/Åbn

Dette dokument findes i følgende samling(er)

Vis flere oplysninger