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Historically, European team sports leagues were run by their respective national and international associations and were legally independent from the professional clubs playing in these leagues. Recently, European leagues have adopted an organizational form similar to their North American...
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This paper analyzes the effects of a percentage-of-revenue salary cap in a team sports league with win-maximizing clubs and flexible talent supply. It shows that a percentage-of-revenue cap produces a more balanced league and decreases aggregate salary payments. Taking into account the...
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Historically, European team sports leagues were run by their respective national and international associations and were legally independent from the professional clubs playing in these leagues. Recently, European leagues have adopted an organizational form similar to their North American...
Persistent link: https://www.econbiz.de/10010739916
Professional sports leagues in Europe and the United States exhibit many differences. Among others such as the existence of mechanisms providing dis- incentives for spending (e.g. salary caps) the fundamental di¤erence is the organizational arrangement of clubs and the governing body of the...
Persistent link: https://www.econbiz.de/10010748285
Im letzten Jahrzehnt konnten die Clubs in den großen nationalen Fußballligen in Europa ihre Autonomie gegenüber den Fußballverbänden erheblich stärken. Wenn diese Tendenz weitergeht, dann werden vor allem die europäischen Spitzenclubs irgendwann mit den gleichen organisatorischen...
Persistent link: https://www.econbiz.de/10005634681
Historically, European team sports leagues were run by their respective national and international associations and were legally independent from the professional clubs playing in these leagues. Recently, European leagues have adopted an organizational form similar to their North American...
Persistent link: https://www.econbiz.de/10005634690
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