The Baseball Players’ Labor Market

Details

Photo

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Name

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Authors

Gerald W. Scully

Year

1974

Field

Sports Economics

Why it matters

Uses economic modeling to estimate player marginal revenue product and show how underpaid players were under the reserve clause era.

My take

This is where “player value in dollars” starts to feel real. Every heated debate about whether a contract is an overpay is basically living in Scully’s shadow.