Showing posts with category "salaries"

Indian Premier League Spend/thrift

The 2011 Indian Premier League cricketer auction took place on the weekend. This event is a fascinating economic exercise on so many levels, and not just

Anthony Rizzo's Call Up: Was the Timing a Good Signal for Cubs Fans?

The man that many consider the Cubs top prospect, slugging first baseman Anthony Rizzo, made his Cubs debut Tuesday against the Mets.  Prior to that, he had

"Yankee Premium" Updates

In 2005 I explored the "Yankee Premium, how much of the Yankee payroll reflected a revenue advantage relative to the rest of baseball and how much reflected

AFL-AFLPA CBA negotiations drag on as Grand Final approaches

As key trigger dates for unilateral termination approach, the most recent round of offers in the collective bargaining negotiations between the Australian

An Economist's Quick Thoughts on the LeBron James Decision

LeBron James is catching a torrent of criticism over his decision to leave his "hometown team", the Cleveland Cavaliers, for the Miami Heat.  As an economist,

Melbourne Storm Stripped of Two Premierships, Fined $1.6m for Cheating National Rugby League Salary Cap

Integrity.

Franchise tag economics

The NFL is approaching the deadline after which players become free agents, and are able to negotiate with other teams. The salary cap puts teams in the

An Application of the Backwards Bending Supply Curve

The law of supply says that when the price of a good rises, all else equal, the quantity supplied of that good also rises.  Applied to labor markets, the more

NFL Uncapped Year

The NFLPA and the NFL are negotiating a new collective bargaining agreement. As you may know, the NFL decided that it would not extend the current CBA set to