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



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Sources list for SALARY CAPS 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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