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Microeconomic Study Of A Labor Union: An Econometrics Analysis Of How The Nhl Salary Cap Has Affected The Competitive Balance Of The Nhl And Determinants Of Team Revenue, Lauren Grossman
Undergraduate Theses and Capstone Projects
This thesis is a microeconomic study of labor unions and a business analysis of a professional sports industry. It will examine the effects of the salary cap in the National Hockey League. The 2004-05 NHL season was cancelled due to a lockout because the National Hockey League Players' Association and the team owners could not come to an agreement on salaries. As a result, the Players' Association and the owners came to an agreement that included the implementation of a salary cap and revenue sharing. The purpose of this thesis is to determine whether or not the implementation of the …