Dietl, Helmut; Franck, Egon; Lang, Markus; Rathke, Alexander - Institut für Strategie und Unternehmensökonomik … - 2008
This paper analyzes the effects of a percentage-of-revenue salary cap in a team sports league with win-maximizing clubs … aggregate salary payments. Taking into account the idiosyncrasies of European football, our paper further highlights the …) a salary cap proposed by the league regulator. …