Salaries, performance, and owners' goals in major league baseball: a view through data.: An article from: Journal of Managerial Issues

This digital document is an article from Journal of Managerial Issues, published by Pittsburg State University - Department of Economics on June 22, 2003. The length of the article is 4658 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: This article presents an exploratory examination of the relationships between player compensation, individual and team performance in Major League Baseball (MLB). From the players' perspective, Bases on Balls (BOB), Runs Batted In (RBI), and Home Runs (HR) appear to be the variables that are most highly correlated with compensation. Interestingly, the same measures of team performance also emerge as the best predictors of owners' interests, which were assumed to include team performance and the maximization of revenues. Owners' interests were examined in terms of two basic criteria, namely, the number of games won and attendance, with the latter being used as a proxy for revenues. The analysis as a whole shows that the objectives of the players and the owners are reasonably well aligned, a characteristic that is conducive to organizational balance in the long run.

Citation Details
Title: Salaries, performance, and owners' goals in major league baseball: a view through data.
Author: M. R. Yilmaz
Publication:Journal of Managerial Issues (Refereed)
Date: June 22, 2003
Publisher: Pittsburg State University - Department of Economics
Volume: 15 Issue: 2 Page: 243(14)

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