Wage Equity: The Evolution Of The Salary Cap In The NBA

Walter LaFeber’s essay, Michael Jordan and the New Capitalism: America on Top of Its Game, examines the ways that capitalism, along with high-tech communication, is conquering the world, one person-or in this case one pair of feet-at a time. Beginning as a basketball prodigy, rising to an international phenomenon, and finally a seductive commercial ideal, Jordan is a true example of how our American corporations have used technology in a brave way to expand all over the world. Through LaFeber’s examination of Nike and its power over the global, along with Jordan’s background, a lot is revealed about American society.

From chapter 6-3: Does Baseball Need a Salary Cap? by Neil deMause Perhaps no two words in baseball generate as much controversy and emotion as "salary cap. " Depending on whom you ask, a salary cap would either save the game, destroy the players' union, provide hope for small-market fans, pervert the free market, or create a tangle of red tape that would turn every trade deadline into a battle of wits among dueling "capologists. " Whenever owners and players have to negotiate a new collective bargaining agreement -- the next tussle is scheduled for after the 2006 season -- discussion of a cap is sure to follow.

In this paper we will examine the history of the salary cap structures in sports focusing mainly on the version that the NFL uses. We will also take a in-depth look at the four different areas that makes up the salary cap (Salary Cap, Active Spending, Dead Money and Cap Space) and impact the cap has had on the players themselves. As well as how it has reshaped the teams and leagues itself to help the NFL to grow into the Multi Billion Dollar sports empire that it was become today. Who would have thought that making the decision to place a limit upon spending and giving everyone the same opportunity for success would have such a profound effect on the growth and popularity of the sport?

There is a dearth of empirical literature regarding the topic of NBA player salary determinants. Whereas there have been some articles written on NBA player salary discrimination, the lack of empirical evidence as it relates to player performance and its impact on player salary have been virtually non-existent. This investigation serves to contribute to the paucity of empirical literature regarding NBA player salaries. Wage fund theory was chosen to guide this study. According to this theory, wages are determined by the amount of capital available to pay workers. As capital increases so do worker raises. This theory has a direct correlation to the NBA salary cap. The salary cap is comprised of Basketball Related Income (BRI) which consists of revenue generated from ticket sales, national and local broadcast deals, in

   How many of you sports fans out there are sick of paying twenty-five dollars for a lousy seat at an NBA game? How many of you are sick of seeing the same teams in the finals every year? I'm sure there are thousands of you out there that feel this way, as do I. The way we can fix these problems is to demand that the NBA enforce a hard salary cap. A hard salary cap would lower ticket prices, allow for more teams to be more competitive and eliminate the possibility of any future lockouts. If the three things listed above aren't met, it's hard to say if the NBA will survive at all. I want to see the NBA survive, but not in the way things are being run now. A hard salary cap is the only way

Let’s look at it this way, Professional athletes have worked their entire life for everything they now have. Salary caps are not a problem in sports, this has been a very heated debate throughout every year in sports. There 's new free agents every single year, with some of the potential who deserve more than 300 million dollars over the next 10 years. Then there’s some who don’t even come close to making 1 million on a one year deal. Many people sit here and could fire rapid shots on why salary caps should be established in sports. While others believe that this could stop some people of what they should be making. Thats besides the point, I 100% believe that salary caps should be abolished in pro sports. I have some great

Salary caps are a very important tool used in professional sports. All 4 major professional sports leagues in the United States have a salary cap installed into their collective bargaining agreement between the league and its players. Those four major sports are, the NFL, the NBA, the MLB and the NHL. A salary cap is defined as s an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It can be as a per-player limit or a total limit for the team's roster. It is basically put in place to help the small market teams stay competitive. It is meant so the wealthy teams, also called big market teams, does not always stay dominant by signing the best players to very big contracts. Salary caps are

Although NBA players are good and great athletes, They shouldn't get paid as much. Because that money needs to go to kids and families that don't have homes or food or water or clothes. People that need money and stuff to live should get it and NBA athletes should not make that much.

One way revenue throughout the NBA is increased

A salary cap in all four major professional sports is unfathomably crucial. A salary cap is a set maximum or minimum amount of money that a team is allowed to spend on its players (Cushman 3). The four major professional sports are the National Football League or NFL, Major League Baseball or MLB, the National Basketball Association or NBA, and the National Hockey League or NHL (Cushman 1).

Basketball is the fastest growing sport in the world, with 450 million people playing the sport across the globe, and over a billion people watching the National Basketball Association, or NBA (CNN 2010). However, even the casual fan of the NBA will notice that there is a certain disparity when it comes the competitiveness in the league. There are thirty teams in the NBA, yet only four teams have won a combined 44 out of a possible 71 championships. Since 2000, four teams have combined to win fourteen out of a possible eighteen championships (NBA 2017). Teams in the NBA who have a greater accessibility to financial resources are primed to be more successful, which highlights the lack of parity in the NBA, a problem that has caused unfair competition since the league’s conception.

Imagine a world in which you make about $15,000 to $20,000 dollars less than your favorite athletes, like Lebron James or Kobe Bryant. When you put it into perspective, it could be a pretty small gap when you see how much athletes in the U.S make today. The issue of extreme salaries for professional athletes is staggering and outrageous has been going for many years and continues to come up with arguments about how money should be spent not only by the public but by the government as well. On average the normal American citizen makes above $46,000 a year as of 2014 while in 2012 the average salary of all the national sports associations athletes was $2.6 million dollars a year and has most steadily risen in the past three years. This really brings to the forefront certain question like, what are our country’s values and what do we really stand for when teachers, doctors and civil service jobs are the lowest paid jobs when you compare them to

The argument whether professional sports teams should have salary caps remains to be a contentious topic. A salary cap is an upper limit on the amount that employees in a particular company or industry can be paid (English Dictionary). In sports, a salary cap is used to limit how much a team can spend on player salaries. If a team exceeds the salary cap amount, they will be penalized with fines (Zegers). Professional sports teams should have salary caps to establish fairness throughout the league and increase revenues for each of the teams and their owners.

The subject of money can be very controversial when it comes to sports in general. Whether it is the NFL, NBA, or MLB, they all exist because of large sums money. The NBA in particular produces billions of dollars of revenue each year in advertisements, ticket sales, apparel, and other forms. Through these different forms of revenue, a portion of this money goes to all 30 teams in the NBA. In the millions of dollars that each team receives, parts of it go to the owners, coaches, players, and other staff, but that is not the main source of income for players.

We are going to start with a bit of History, when the NBA League started marketing was a heavy and important part, due to the fact that there needed to be followers in order for the association to continue “living”. The 1960’s were a known for their purity and realism, followed by the