 Player training: the minor leaguesThomas Miceli () Chapter 10 in Topics in Sports Economics, 2025, pp 182-200 from Edward Elgar Publishing Abstract: This chapter examines player training with an emphasis on minor league baseball. The discussion begins by describing the historical relationship between minor league teams and major league teams. It specifically describes the trend toward affiliation between the majors and minors as training became more important in preparing untried players for the major leagues. The analysis then turns to the financing of training costs. It argues that teams pay the up-front costs and then recover that cost by paying players who make the majors less than their full value during the early stages of their careers. Players benefit from this limited reserve system because it gives teams an incentive to invest in training, thereby increasing players’ chances of making the majors. Lessons are drawn from the analysis for the financing of college costs. The chapter concludes by examining the screening function of minor league baseball. An interesting consequence of better screening is that extreme performances by the best players become less common. Keywords: Major leagues; Minor leagues; Player training; Reserve system; Screening (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:23584_10 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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