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Salary Caps For Professional Athletes

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... The salary cap was enacted March 31, 1984, to ensure all basketball teams of financial success. The loss of even one because of the salary cap in the NFL, players' salaries averaged just over a million dollars - $1,071,000 - and there "luxury tax" on big market owners who go over a certain amount on their payrolls - but still, no salary cap. force a salary cap of some kind to slow the mercurial growth of salaries. The lock-out lasted 32 days, and players won the NBA set amounts teams could appropriate for salaries. Some teams regularly are above the salary cap, but most stay ...



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Sources list for SALARY CAPS FOR PROFESSIONAL ATHLETES:

What You Can Learn from Professional Athletes About Your Money (2005) National Financial Planning Support Center [Online available at: www.fpanet.org/public/tools/articles/0403_fpp.cfm]
Professional Athletics

Hillard, D.C. (1984). "Media images of male and female professional athletes: An interpretive analysis of magazine articles." Sociology of Sports Journal, 1 (1), 251-262
Sexism in the Media

Al Lackner, "NFL Salary Cap FAQs" Internet, http://www.askthecommish.c om/Articles/capanomics2.htm Al Lackner, "NFL Salary Cap FAQs" Internet, http://www.askthecommish.c om/Articles/capanomics2.htm April 2003
The National Football League (NFL) and Finance

Euler, Peter. "Athletes salaries becoming outrageous" Pittsburg State University. . Euler, Peter. "Athletes salaries becoming outrageous" Pittsburg State University. <http://www.pittstate.edu/ collegeio/10_7_97/ol.html>.
Professional Athletes

Sullivan, Paul. "No end in sight as athletes' salaries skyrocket" Chicago Tribune. 1 January 2000.
Professional Athletes

 

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