Graduation Year

Spring 2014

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Douglas McEachern

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© 2014 Theodore J. Zanias

Abstract

This thesis explores how the market size of Major League Baseball Teams affects their player valuations. By examining player eligibility for arbitration and free agency, and players' Wins-Above-Replacement, I determine the factors that teams value for making player valuations based on their market size. I also examine the impact of television revenue and revenue sharing on player valuations. Ultimately, I determine how smaller market teams are able to remain competitive using alternative methods of player valuations against larger market teams.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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