Winner Take All in the NFL: The Effect of the Salary Cap and Free Agency on the Compensation of Skill Position Players
AbstractIn an earlier paper, Kowalewski and Leeds showed that free agency and the salary cap brought profound changes to the level and nature of players' salaries in the National Football League (NFL). Their study is limited, however, by the fact that--unlike most other professional athletes--football players are evaluated by position-specific statistics. The authors improve on their earlier work by performing quantile regressions on data for specific positions to show how free agency and the salary cap affected compensation. They show that the new bargaining regime greatly increased the reward to performance.
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Bibliographic InfoArticle provided by in its journal Journal of Sports Economics.
Volume (Year): 2 (2001)
Issue (Month): 3 (August)
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Find related papers by JEL classification:
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- M52 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
- J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation
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