Why football players may benefit from the ‘shadow of the transfer system’

Dietl, Helmut; Franck, Egon; Lang, Markus

doi:10.1007/s10657-008-9059-5

Cited by 15 publications

(4 citation statements)

References 10 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Moreover, team managers (principals), who are primarily in charge of negotiations, often earn less than their best paid players (agents), which is unlikely to be the case in "classical" principal-agent situations. Furthermore, players face higher risks by future uncertainty related to injuries and shortened career duration (Dietl, Franck, and Lang 2008;Frick 2007). Summing up, differences between the basketball industry and other industries of course exist.…”

Section: Discussionmentioning

confidence: 99%

“…Regarding the third hypothesis, the particular structure of the basketball labor market gives rise to three comments. First, we assume the firm to be risk neutral, which is in line with past sports economic studies (Dietl, Franck, and Lang ; Robinson et al ; Scully , ; Szymanski ). We believe that this is a very reasonable assumption for the NBA.…”

Section: The Modelmentioning

confidence: 92%

See 1 more Smart Citation

The Payoff to Consistency in Performance

et al. 2016

View full text Add to dashboard Cite

This study investigates whether firms are willing to pay higher wages to workers who demonstrate consistent performance than to those whose performance is more volatile. A formal model reflects a production technology view, assuming the law of diminishing marginal product. This model suggests that a more consistent worker produces higher expected output and therefore receives a higher wage. The test of the model uses data from the National Basketball Association. The empirical data support the model: Players whose performances were more consistent than the performances of other players received higher wages on average. (JEL D41, J31, M52, Z20)

show abstract

Section: Discussionmentioning

confidence: 99%

Section: The Modelmentioning

confidence: 92%

The Payoff to Consistency in Performance

et al. 2016

View full text Add to dashboard Cite

show abstract

“…For example, salary caps (Késenne, 2000b;Rathke, 2009, 2011), transfer restrictions (Dietl, Franck, and Lang, 2008b) and centralized marketing by league monopolies (Falconieri, Palomino, Sakovics, 2004) would not be tolerated in other industries. These exceptions result in very interesting labor market peculiarities within professional team sports.…”

Section: Introductionmentioning

confidence: 99%

Contest Theory and its Applications in Sports

Dietl

Franck

Grossmann

et al. 2012

The Oxford Handbook of Sports Economics

Self Cite

View full text Add to dashboard Cite

This paper outlines how the theory of contests is applied to professional team sports leagues. In the first part, we present the traditional Tullock contest and explain some basic properties of the equilibrium. We will then extend this static contest to a two-period model in order to analyze dynamic aspects of contests. In the second part, we will present applications of contest theory in sports. In particular, we will show how the Tullock framework is applied to models of team sports leagues. For this purpose, we will first explain the value creation process in team sports leagues and show how club revenues are related to the contest success function. Then, we present some basic modeling issues; for instance, we show how the assumption of flexible vs. fixed talent supply depends on the league under consideration and how it influences the equilibria. Furthermore, we explicate the effect of revenue sharing on competitive balance in the different models. Then we address the relationship between competitive balance and social welfare. Finally, we illustrate why many clubs tend to "overinvest" in playing talent in many team sports leagues.

show abstract

“…It is found that the transfer fee is different in various segments in English professional football sports [1], and the determination of transfer fee is sim- (a) e-mail: wxzhou@ecust.edu.cn ilar in both professional and nonleague football sports [2]. Usually football players benefit from the transfer system [3]; However the transfer system might also obstruct the free movement of football players between Member States in Europe and may restrict the ability of most clubs to compete for elite players [4]. It is also found that in the English Football League there is no racial difference in footballers' transfer prices [5].…”

mentioning

confidence: 99%

Network analysis of the worldwide footballer transfer market

Li¹,

Zhou²,

Stanley³

2019

EPL

View full text Add to dashboard Cite

The transfer of football players is an important part in football games. Most studies on the transfer of football players focus on the transfer system and transfer fees but not on the transfer behavior itself. Based on the 470,792 transfer records from 1990 to 2016 among 23,605 football clubs in 206 countries and regions, we construct a directed footballer transfer network (FTN), where the nodes are the football clubs and the links correspond to the footballer transfers. A systemic analysis is conduced on the topological properties of the FTN. We find that the in-degrees, out-degrees, in-strengths and out-strengths of nodes follow bimodal distributions (a power law with exponential decay), while the distribution of link weights has a power-law tail. We further figure out the correlations between node degrees, node strengths and link weights. We also investigate the general characteristics of different measures of network centrality. Our network analysis of the global footballer transfer market sheds new lights into the investigation of the characteristics of transfer activities.

show abstract

Why football players may benefit from the ‘shadow of the transfer system’

Abstract: Labour contracts, Transfer restrictions, Transfer fees, Bosman and Monti transfer system, FIFA regulations, D86, J49, L83,

Cited by 15 publications

References 10 publications

The Payoff to Consistency in Performance

The Payoff to Consistency in Performance

Contest Theory and its Applications in Sports

Network analysis of the worldwide footballer transfer market

Contact Info

Product

Resources

About