MONOPSONY AND SALARY SUPPRESSION: THE CASE OF MAJOR LEAGUE SOCCER IN THE UNITED STATES

Top tier professional soccer in the United States is operated by Major League Soccer (MLS). The MLS was established and operates under a single entity structure, such that all players negotiate and sign contracts with the league rather than with individual teams. This monopsonistic structure was des...

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Veröffentlicht in:	The American Economist (New York, N.Y. 1960) N.Y. 1960), 2011-03, Vol.56 (1), p.20-28
Hauptverfasser:	Twomey, John, Monks, James
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis Baseball Conspiracy Corporate sponsorship Economic competition Economic theory Internet Labor market Labour market Marginal revenue products Monopsony Players associations Professional soccer Professional sports Profitability Profits Restraint of trade Revenue Revenue sharing Salary Soccer Studies Success Teams Tournaments & championships Wages Wages & salaries Wages and salaries
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