Payroll Distribution And The Modern NBA
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In the past 20 years, the NBA has undergone a dramatic metamorphosis as the league has become defined by cutting-edge innovation, the concentration of superstar players, and the rise of the three-point shot. In this new league, is it still possible for small market teams void of star talent to find success? These teams could look for answers in some surprising case studies of successful NBA teams that have employed more equitable distribution of their total payroll among their players. As a more equitable system makes sense on teams that lack superstars to command max contracts, the question becomes: is it worth it in the absence of a max player or max players to distribute payroll more equitably, or is it more prudent to throw greater amounts of money at more talented available players, building a team in a more traditional way? This thesis argues for the benefits of equitable payroll distribution, especially on small market teams unlikely to attract superstars.