Quinn A. W. Keefer

We examine the effect of the 2011 collective bargaining agreement (CBA) between the National Football League owners and the Players Association on drafted player compensation. The 2011 CBA made two major changes to the rules governing drafted player compensation. First, a rookie wage scale, based on selection number and round, was introduced. Second, there was a limit placed on compensation growth of 25% of year-one salary. We find the rookie wage scale actually increased the compensation of players selected in the first two rounds of the draft. However, the limit on compensation growth...Read more

W. Jennings Byrd
Phillip A. Mixon
Alan Wright

Top management pay and firm size has been well documented. We explore a variation of this relationship by extending it to college sports. College football is big business, and many college football programs operate as large corporations with the head coach acting as a member of top management—similar to the COO—of the football program. Using data from 2006-2012, we examine the causal relationship between a head coach’s school pay, past performance, and football program size. Our results indicate the most important determinant of a head coach’s pay is the total revenue generated by the...Read more