{"title":"The Importance of Team Fit for NBA Rookies’ Career Earnings","authors":"Joseph Kuehn, Filippo Rebessi","doi":"10.1177/15270025221120587","DOIUrl":null,"url":null,"abstract":"Workers entering the labor market often face a trade off between job matches that maximizes their short run and long run compensation. This trade off is influenced by peers who may enhance or diminish the worker’s productivity, and thus affect their future salary. We study this question for rookies in the National Basketball Association (NBA). We find that for rookies drafted between 2011 and 2017, playing with teammates that facilitated them getting 1 additional point per 100 possessions was predicted to increase the value of their second contract by between 9.9% and 23.6%. This implies that being drafted by the team that provides the ‘best fit’ is an important determinant of a rookie’s future earnings.","PeriodicalId":51522,"journal":{"name":"Journal of Sports Economics","volume":null,"pages":null},"PeriodicalIF":1.8000,"publicationDate":"2022-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Sports Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1177/15270025221120587","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Workers entering the labor market often face a trade off between job matches that maximizes their short run and long run compensation. This trade off is influenced by peers who may enhance or diminish the worker’s productivity, and thus affect their future salary. We study this question for rookies in the National Basketball Association (NBA). We find that for rookies drafted between 2011 and 2017, playing with teammates that facilitated them getting 1 additional point per 100 possessions was predicted to increase the value of their second contract by between 9.9% and 23.6%. This implies that being drafted by the team that provides the ‘best fit’ is an important determinant of a rookie’s future earnings.
期刊介绍：
Journal of Sports Economics publishes scholarly research in the field of sports economics. The aim of the journal is to further research in the area of sports economics by bringing together theoretical and empirical research in a single intellectual venue. Relevant topics include: labor market research; labor-management relations; collective bargaining; wage determination; local public finance; and other fields related to the economics of sports. Published quarterly, the Journal of Sports Economics is unique in that it is the only journal devoted specifically to this rapidly growing field.
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