Do National Hockey League Players Perform Better During Their Contract Years?
| Název práce v češtině: | Podávají hráči NHL lepší výkony v posledním roce své smlouvy? |
|---|---|
| Název v anglickém jazyce: | Do National Hockey League Players Perform Better During Their Contract Years? |
| Klíčová slova: | fenomén kontraktového roku, NHL, incentivy, motivace |
| Klíčová slova anglicky: | contract year phenomenon, NHL, incentives, motivation |
| Akademický rok vypsání: | 2017/2018 |
| Typ práce: | bakalářská práce |
| Jazyk práce: | angličtina |
| Ústav: | Institut ekonomických studií (23-IES) |
| Vedoucí / školitel: | Mgr. Matěj Opatrný, Ph.D. |
| Řešitel: | skrytý - zadáno vedoucím/školitelem |
| Datum přihlášení: | 05.09.2018 |
| Datum zadání: | 05.09.2018 |
| Datum a čas obhajoby: | 09.09.2019 09:00 |
| Místo konání obhajoby: | Opletalova - Opletalova 26, O206, Opletalova - místn. č. 206 |
| Datum odevzdání elektronické podoby: | 31.07.2019 |
| Datum proběhlé obhajoby: | 09.09.2019 |
| Oponenti: | PhDr. Radek Janhuba, M.A., Ph.D. |
| Kontrola URKUND: | |
| Seznam odborné literatury |
| Bibliography
Liu, Ping and Xuan, Yuhai, The Contract Year Phenomenon in the Corner Office: An Analysis of Firm Behavior During CEO Contract Renewals (October 7, 2016). Park, S., & Sturman, M. C. The relative effects of merit pay, bonuses, and long-term incentives on future job performance, 2009. Perry, Dayn. "Do Players Perform Better in a Contract Year?" Baseball between the Numbers: Why Everything You Know about the Game Is Wrong. Ed. Jonah Keri. New York: Basic, 2006. Ryan, Julian. 2015. Show Me the Money: Examining the Validity of the Contract Year Phenomenon in the NBA. Bachelor's thesis, Harvard College. Vollman, Rob. Stat Shot: The Ultimate Guide to Hockey Analytics. Toronto: ECW Press, 2016. Wooldridge, Jeffrey M. Introductory Econometrics: A Modern Approach. Mason, OH: South-Western Cengage Learning, 2013. |
| Předběžná náplň práce v anglickém jazyce |
| In professional team sports, athletes are given contracts for a definite period of time, typically in years. The last year of their expiring contract is known as the “contract year”. In public and media opinion, players are often believed to make extra effort during their contract year to secure a more lucrative future contract. Teams, on the other hand, appear to be willing to pay players the extra money because they tend to overvalue recent performance. This is known as the “contract year phenomenon”. In an industry with no indefinite contracts this could be viewed as a form of monetary incentive. In my thesis, I would like to examine this phenomenon by comparing performance indicators (i.e. statistics) of National Hockey League (NHL) players in and out of their contract years. To find out whether the phenomenon is real or not, and if it is real, how big is its impact on player performance.
Contribution The thesis will build on existing literature on the contract year phenomenon. Most of the research on this topic focuses on the other major North American sports leagues – MLB, NFL, or NBA. I would like to extend it in the NHL. I would also like to separate players by position to make statistics more comparable. Methodology The analysis will use official NHL statistics as performance indicators. They will be combined with data on players’ contract status. Although the NHL does not officially publish details of player contracts, the details can be obtained via fan-made websites such as CapFriendly.com. The theoretical part will introduce conditions of labor market in the NHL and look at previous research on this topic. The empirical part will rely on econometric analysis of the created dataset. Conclusions will be based on comparing the results with studies on other sports leagues and other studies related to effect of bonuses on performance. Outline 1. Introduction 2. Literature overview and theoretical background 3. Description of the data 4. The model 5. Analysis of the results 6. Conclusion |