This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via HighWire Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Krautmann, A. C. Articles by Oppenheimer, M. Search for Related Content Social Bookmarking                         What's this?

Contract Length and the Return to Performance in Major League Baseball

DePaul University

Margaret Oppenheimer

DePaul University

This article focuses on the relationship between contract length and compensation in Major League Baseball. Because the best players receive both the highest salaries and the longest contracts, wage regressions that omit length can lead to misleading inferences. Although contract duration is positively related with salaries, the authors find evidence of a negative relationship between contract length and a player’s return to performance. These results indicate some type of trade-off going on in the negotiation process that has not been identified in the previous literature on compensating wage differentials.

Journal of Sports Economics, Vol. 3, No. 1, 6-17 (2002)
DOI: 10.1177/1527002502003001002


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?

This article has been cited by other articles:

				D. J. Berri and J. C. Bradbury Working in the Land of the Metricians Journal of Sports Economics, February 1, 2010; 11(1): 29 - 47. [Abstract] [PDF]