Author

Hannah Holub

Date of Award

2016

Document Type

Thesis

Degree Name

Bachelor of Arts

Department

Economics

First Advisor

Dr. Jim Monks

Abstract

Since its formation in 1994 Major League Soccer (MLS) has slowly been gaining the momentum to reach a level of recognition similar to that of the top four sports leagues in the United States – the National Football League, the National Basketball Association, the National Hockey League, and Major League Baseball. Major League Soccer (MLS) is the top tier professional soccer league in the United States, one of only two leagues to reach that status and the only soccer league to sustain long term success.1 Made up of nineteen teams across the United States and Canada, the MLS is structured much differently than the other leagues both within the United States and internationally. It exists as a single entity model, meaning that the league manages the individual franchises and the players of the MLS. This unique structure has led to the establishment of a comparatively low salary cap. This low salary cap has had a major influence on the development of the MLS since its launch.

Included in

Economics Commons

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