The paper shall be about 10 pages long, double spaced, with page numbers included. It shall include endnotes, a works cited page (ML8 Guide)., appendices for diagrams & tables,
Paper should focus on Salary Cap in Sports: How is it different between Sports and how does the US differ from Europe?
– Talk about salary cap in sports in the US
– Talk about 4 main sports : NHL, NFL, MLB, NBA (article Reflections on salary shares and salary caps” focuses on 4 sports; article “The new NBA collective bargaining agreement, the median voter model, and a Robin Hood rent redistribution.” focuses on NBA; article “Mean reversion or a breath of fresh air? The effect of NFL coaching changes on team performance in the salary cap era.” focuses on NFL )-
– Talk about soccer in America ( article “Superstar salaries and soccer success: The impact of designated players in major league soccer. )
– Talk About Europe main sport ( Soccer, and its leagues) (article “Organizational differences between US major leagues and European leagues: implications for salary caps.” lays out the difference between salary caps in the United States and in Europe. – focuses on European salary cap in soccer and also compares with American main sports… make sure talk about about the different leagues)
Conclusions & Policy Implications: Based on what you have learned from the research you have done, you will want to draw your own conclusions about the relationship. This is also the place where you might want to discuss policies which could be implemented to improve this matter.
Using the following articles
Fort, Rodney, and James Quirk. “Cross-subsidization, incentives, and outcomes in professional team sports leagues.” Journal of Economic literature 33.3 (1995): 1265-1299.
Késenne, Stefan. “The impact of salary caps in professional team sports.” Scottish journal of political economy 47.4 (2000): 422-430.
Zimbalist, Andrew. “Reflections on salary shares and salary caps.” Journal of Sports Economics 11.1 (2010): 17-28.
Coates, Dennis, Bernd Frick, and Todd Jewell. “Superstar salaries and soccer success: The impact of designated players in major league soccer.” Journal of Sports Economics 17.7 (2016): 716-735.
Roach, M. A. “Mean reversion or a breath of fresh air? The effect of NFL coaching changes on team performance in the salary cap era.” Applied Economics Letters 20.17 (2013): 1553-1556.
Hill, J. Richard, and Peter A. Groothuis. “The new NBA collective bargaining agreement, the median voter model, and a Robin Hood rent redistribution.” Journal of Sports Economics 2.2 (2001): 131-144.
Dietl, Helmut M., et al. “Organizational differences between US major leagues and European leagues: implications for salary caps.” Available at SSRN 3489168 (2011).
