Collective Bargaining in a Basic North American Sports League Model
Paul Madden
Economics Discussion Paper Series from Economics, The University of Manchester
Abstract:
Earlier general firm/trade union bargaining literature is brought to bear on a specific North American sports league model, where talent supply is fixed and profit-maximizing clubs receive local (gate) revenue plus an equal share of league broadcasting revenue. Club and player representatives negotiate a Collective Bargaining Agreement on the levels of local revenue sharing, salary cap and salary floor. Results, inter alia, show how increases in broadcasting market size affect the Nash bargaining solution for player salaries, competitive balance, player salary share of league revenue, the ratio of salary floor to cap and the extent of local revenue sharing.
Date: 2018
New Economics Papers: this item is included in nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://hummedia.manchester.ac.uk/schools/soss/eco ... npapers/EDP-1812.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:man:sespap:1812
Access Statistics for this paper
More papers in Economics Discussion Paper Series from Economics, The University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Patrick Macnamara (patrick.macnamara@manchester.ac.uk).