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.
Recommended Citation
Holub, Hannah, "The Marquee effect : a study of the effect of designated players on revenue and performance in major league soccer" (2016). Honors Theses. 849.
https://scholarship.richmond.edu/honors-theses/849