• Home Page
  • The Idea Of A Salary Cap In The NBA

The Idea Of A Salary Cap In The NBA

Decent Essays
Show More
The same to the other sports, basketball also had its dilemma. NBA teams have an exclusive right to make contracts with players that are drafted. The players will be the property of the club once he signs the contract. The club has the right to use the player, they also control the player’s salary, because they are the only buyer in the market, they do not need to raise the salary. Players were not happy about it so they tried to make some legal challenges, the restriction was not lifted until the mid 1970s. Gary Bettman (Commissioner of the National Hockey League) is the first person that devised the idea of a salary cap in the NBA. Salary cap is the limit to the total amount of money that National Basketball Association teams are allowed

Related Documents

  • Great Essays

    NCAA Cartel Amateurism
    • 1357 Words
    • 6 Pages

    NCAA Cartel Amateurism

    This rule has handed the NCAA a monopsony when it comes to the market for football players coming out of high school. The NCAA’s member institutions are the only buyer in this market; this has created a labor market where the NCAA has the power to extract economic rent from player. The NCAA has exercised this power and set a limit to player compensation that under compensates the players for their labor (Fliesher et al 1988). The NCAA is different than most monopsonies though because it’s a cartel with many different institutions, and not just a single entity (Fliesher et al 1988). The NCAA is also set up so that if a cartel member doesn’t follow the monopsony wage set they face stiff penalties (Fliesher et al 1988).…

    • 1357 Words
    • 6 Pages
    Great Essays
    Read More
  • Improved Essays

    Mt Rushmore Research Paper
    • 614 Words
    • 3 Pages

    Mt Rushmore Research Paper

    Former MLB player Barry Bonds once said, “Nobody is complaining about the owners’ salaries. So don’t complain about us” . He gave the players a right to fight the reserve clause, access to free agents, and power to get more money from the owners of their team. Marvin Miller and Curt Flood made a significant point that players aren’t just property for the owners. The reserve clause made players feel like they were…

    • 614 Words
    • 3 Pages
    Improved Essays
    Read More
  • Superior Essays

    Case Study: Why Student Athletes Should Be Paid
    • 1337 Words
    • 6 Pages

    Case Study: Why Student Athletes Should Be Paid

    PAYING COLLEGIATE STUDENT ATHLETES 5 football and men’s basketball players would leave college early to play professionally. As Senator Chambers later noted in his speech, many collegiate athletes come from low income backgrounds and athletics is their way out. One of the biggest reasons student athletes leave for the NBA or NFL before their eligibility expires is because they will be paid. By providing them with financial assistance, even if it is set aside in a trust fund, it may make a difference for student athletes who are on the fence about ending their education early. Issues with the NCAA also arise when considering that in 2013, the NCAA’s management and general spending grew by 9% while the distribution to Division 1 members only…

    • 1337 Words
    • 6 Pages
    Superior Essays
    Read More
  • Superior Essays

    Paid Student Athletes
    • 1489 Words
    • 6 Pages

    Paid Student Athletes

    69% of student athletes believe they should be compensated by universities for the amount of money they bring in. With over half of both players and coaches believing in payment for the athletes, it makes one wonder why the NCAA has not changed the rule yet. There are many college football coaches currently making more than professional football coaches. For example, Nick Saban is currently making $7,000,000 a year (Goldman, Lee). This is more than 27 NFL coaches are paid, showing how lucrative the monopoly, that is college sports, is.…

    • 1489 Words
    • 6 Pages
    Superior Essays
    Read More
  • Great Essays

    Antitrust Exemption In Sports
    • 2513 Words
    • 11 Pages

    Antitrust Exemption In Sports

    The antitrust exemption has been around for decades and keeping it only allows for the further evolution of the game, using fans, agents, and certain laws to further how the game will be played in the future. First off, agents are being very influential in the decisions each player makes. They help make financial decisions for players to ensure their success in the league to stay preserved. They allow them to stay with the team the player may like for a little pay cut, to help fans keep the love they have for a player, due to the fact that he would be staying with the team the player is on for maybe his whole career. They would help make some of their decisions on salary for the fans, especially the young ones wanting to have a role model to…

    • 2513 Words
    • 11 Pages
    Great Essays
    Read More
  • Improved Essays

    Why Do College Athletes Get Paid To Play
    • 607 Words
    • 3 Pages

    Why Do College Athletes Get Paid To Play

    For example some of the best players can rake in about $200,000 and get paid nothing of it. That just isn’t right to do that because they are out there sacrificing their bodies for their school, and then they don’t get a share of the revenue they work for. While on the other hand some coaches can get paid from nearly a million dollars, to nearly 2 million dollars. Sure the coaches are the main thing that makes a team good, but you need players to make up a team and with no players you are just wasting money on a coach that isn’t…

    • 607 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    College Basketball Game Analysis
    • 963 Words
    • 4 Pages

    College Basketball Game Analysis

    Earning money and playing professional basketball is what most basketball players dream of ever since they could shoot the ball. After the first few years pass, here comes the second contract. Which is usually the biggest payout, or contract for NBA players. Being the best you can be over those first few years is crucial for getting that huge payday they all dream of. Saying these players are broke financially in college is true, although boosters of the basketball program are known to violate NCAA rules and help those athletes out.…

    • 963 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Nba Players Are Not Overpaid Essay
    • 1972 Words
    • 8 Pages

    Nba Players Are Not Overpaid Essay

    Professional athletes, especially NBA players are harshly criticized of their high salaries because many people feel what they do does not amount to what they are being paid. They feel NBA players aren’t contributing enough to be paid on that magnitude. Many people can’t stand that NBA players are paid millions while teachers, doctors, lawyers, or other professions are making nothing compared to them. Many strongly feel that NBA players do nothing more than play a ball game. However, there is a lot that NBA players do that people are unaware of.…

    • 1972 Words
    • 8 Pages
    Improved Essays
    Read More
  • Improved Essays

    College Players Should Be Paid
    • 1136 Words
    • 5 Pages

    College Players Should Be Paid

    College players go put in the most work for their one big shot at the pro league and to make thousands/millions of dollars in the future, but in reality that chance of making it is very slim. The NCAA states that “eight million kids participate in high school sports each year in the U.S., 460,000 make it to play in college and only a fraction will go pro” making everyone else dream still a dream. You have to be one of a kind, have the best talent in the country and have a go hard work ethic at what sport you play everyday for the rest of you career even in the offseason. With all of this hard work that you put in since the beginning of school and you get to college you should be paid to play.…

    • 1136 Words
    • 5 Pages
    Improved Essays
    Read More
  • Improved Essays

    The Great Debate: Why College Athletes Should Be Paid
    • 976 Words
    • 4 Pages

    The Great Debate: Why College Athletes Should Be Paid

    The opposition fails to understand that everyone is making money off of the athlete’s and they are not seeing a dime of the money. “NCAA rules prevent student-athletes from receiving money, transportation, or any extra benefit or expense allowance not authorized by the NCAA legislation. This includes benefits from an agent or any agreement to have an agent market the player’s athletic ability or reputation in that sport.” [source citation]…

    • 976 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    College Athletes Should Not Get Paid Essay
    • 860 Words
    • 4 Pages

    College Athletes Should Not Get Paid Essay

    Another valid argument is that the NCAA restricts athletes from going straight to the professionals from high school. The NCAA banned this after too many athletes that thought they were good enough and turned into busts in the pros. This article also brings up the amauter video games that they make of players in the NCAA. They…

    • 860 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    College Athletes Should Not Be Paid
    • 504 Words
    • 3 Pages

    College Athletes Should Not Be Paid

    Also, the NCAA states that their college athletes should be putting academics first and their athletics second. This might not truly be the case, but this is what the NCAA wants to impression onto their college athletes. Although, the NCAA states this message, it most certainly is not the case for many of their college athletes. In a recent study, it was found that between the years of 2006 and 2016, 114 college basketball players left their college after one year to pursue a career in the NBA and became drafted (Hero Sports). This statistic is simply including college basketball players that left their college to pursue the NBA and were drafted.…

    • 504 Words
    • 3 Pages
    Improved Essays
    Read More
  • Superior Essays

    Research: Should College Athletes Be Paid
    • 1462 Words
    • 6 Pages

    Research: Should College Athletes Be Paid

    There has been continued debate about if the athletes should be paid to play, or if the money from their scholarships is enough. There are many reasons why athletes should be paid, they are: universities are making extreme amounts of money off of the players names, there is a large time commitment, and players may not be able to afford college. The first reason why athletes should be paid is because the…

    • 1462 Words
    • 6 Pages
    Superior Essays
    Read More
  • Superior Essays

    One And Done Rule
    • 1920 Words
    • 8 Pages

    One And Done Rule

    While other graduating seniors are getting their first real taste of freedom, college basketball hopefuls are still having their options limited just like they always have for the past 10 years due to the one-and-done rule. This rule, known as Article X, states that an aspiring basketball player must be at least 19 years old and at least one year removed from high school for them to be eligible for the NBA Draft. This affects so many more people than just the athlete involved, and that is why the one-and-done rule needs to be done. The one-and-done system not only hinders the athlete’s choice, but also negatively affects their college teammates.…

    • 1920 Words
    • 8 Pages
    Superior Essays
    Read More
  • Improved Essays

    Essay On Why Nba Players Should Not Go To College
    • 1510 Words
    • 7 Pages

    Essay On Why Nba Players Should Not Go To College

    What nineteen or twenty year old doesn’t want millions of dollars if they are talented enough? [MC(12)] Going from college where they do not make any money, unless they have a job, which is unlikely due to the fact that they are always practicing basketball, to making over $500k dollars per year on the first contract that you sign can make anyone change their mind on the topic. Another argument that could be made for these younger players to enter the draft would be that the NBA Players Association could help them take care of their finances and continue to help them grow and develop their maturity as well, throughout the early stages of their NBA careers (NBPA, 1). Granted, these reasons are both sufficient enough to at least consider the dropping of the age rule in the NBA, but there is truly not enough support or evidence in favor of…

    • 1510 Words
    • 7 Pages
    Improved Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2024 Cram.com
Privacy Policy |  About Ads |  Site Map |  Advertise  | 
  • Cookie Settings