Income Distribution Commons^™

Income Inequality In American Professional Sports Leagues, Joshua S. Thurman

Economics Undergraduate Honors Theses

Sports leagues provide an interesting window to view issues that larger economies face that are much harder to measure due to their complexity. These leagues have many policy tools similar to those used in major world economies such as minimum wage, price ceilings, labor unions, and revenue sharing, although the impact of these policies are much easier to measure in the closed economy model of a sports league because the income and output of every player in a given year is known. In this paper, I measure the level and trend of income inequality in the NBA, NFL, and MLB, …