Major League Baseball Player Valuations Based on Market Size

This thesis explores how the market size of Major League Baseball Teams affects their player valuations. By examining player eligibility for arbitration and free agency, and players' Wins-Above-Replacement, I determine the factors that teams value for making player valuations based on their mar...

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Bibliographic Details
Main Author: Zanias, Theodore J
Format: Others
Published: Scholarship @ Claremont 2014
Subjects:
Online Access:http://scholarship.claremont.edu/cmc_theses/972
http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1872&context=cmc_theses
Description
Summary:This thesis explores how the market size of Major League Baseball Teams affects their player valuations. By examining player eligibility for arbitration and free agency, and players' Wins-Above-Replacement, I determine the factors that teams value for making player valuations based on their market size. I also examine the impact of television revenue and revenue sharing on player valuations. Ultimately, I determine how smaller market teams are able to remain competitive using alternative methods of player valuations against larger market teams.