{"id":581,"date":"2020-03-23T15:13:42","date_gmt":"2020-03-23T15:13:42","guid":{"rendered":"https:\/\/research.reading.ac.uk\/football-research\/?p=581"},"modified":"2020-03-25T18:24:59","modified_gmt":"2020-03-25T18:24:59","slug":"new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers","status":"publish","type":"post","link":"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/","title":{"rendered":"New Working Paper: Extreme wages, performance and superstars in a market for footballers"},"content":{"rendered":"<p>The Football Research Group has just produced its latest research paper from one of its projects, through member <strong><a href=\"https:\/\/www.reading.ac.uk\/economics\/about\/staff\/c-a-singleton.aspx\">Dr Carl Singleton<\/a><\/strong>. It has been published as a working paper in the <strong><a href=\"https:\/\/research.reading.ac.uk\/economics\/research\/discussion-papers\/\">Department of Economics Discussion Papers series, <\/a><\/strong>and is joint work with economists at the University of Edinburgh,<strong> <a href=\"https:\/\/www.researchgate.net\/profile\/Rachel_Scarfe2\">Rachel Scarfe<\/a><\/strong> and <a href=\"https:\/\/www.researchgate.net\/profile\/Paul_Telemo\"><strong>Paul Telemo<\/strong>.<\/a><\/p>\n<p>A brief summary:<\/p>\n<p>Using longitudinal wage and performance data for workers (players) and firms (teams), the study looks at the sources of superstar wage effects in a particular market for sports talent: Major League Soccer in the United States. The top earners, whose annual salaries are mostly not accounted for by their past MLS performances, when compared alongside other footballers, are paid more because they attract significantly higher stadium attendances. There is no evidence that high residual salary spending by teams affects their relative performance in football terms, or that the amount teams spend on actual talent affects attendances. Taken together, these results suggest that a popularity-based explanation of superstar wage effects is appropriate among the top earners in this labour market.<\/p>\n<p><em>Read more about it and view other Department of Economics Discussion Papers <strong><a href=\"https:\/\/ideas.repec.org\/s\/rdg\/emxxdp.html\">here<\/a><\/strong>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Football Research Group has just produced its latest research paper from one of its projects, through member Dr Carl Singleton. It has been published as a working paper in&#8230;<a class=\"read-more\" href=\"&#104;&#116;&#116;&#112;&#115;&#58;&#47;&#47;&#114;&#101;&#115;&#101;&#97;&#114;&#99;&#104;&#46;&#114;&#101;&#97;&#100;&#105;&#110;&#103;&#46;&#97;&#99;&#46;&#117;&#107;&#47;&#102;&#111;&#111;&#116;&#98;&#97;&#108;&#108;&#45;&#114;&#101;&#115;&#101;&#97;&#114;&#99;&#104;&#47;&#110;&#101;&#119;&#45;&#119;&#111;&#114;&#107;&#105;&#110;&#103;&#45;&#112;&#97;&#112;&#101;&#114;&#45;&#101;&#120;&#116;&#114;&#101;&#109;&#101;&#45;&#119;&#97;&#103;&#101;&#115;&#45;&#112;&#101;&#114;&#102;&#111;&#114;&#109;&#97;&#110;&#99;&#101;&#45;&#97;&#110;&#100;&#45;&#115;&#117;&#112;&#101;&#114;&#115;&#116;&#97;&#114;&#115;&#45;&#105;&#110;&#45;&#97;&#45;&#109;&#97;&#114;&#107;&#101;&#116;&#45;&#102;&#111;&#114;&#45;&#102;&#111;&#111;&#116;&#98;&#97;&#108;&#108;&#101;&#114;&#115;&#47;\">Read More ><\/a><\/p>\n","protected":false},"author":206,"featured_media":583,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"__cvm_playback_settings":[],"__cvm_video_id":"","footnotes":""},"categories":[7,14],"tags":[],"coauthors":[13],"class_list":["post-581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-football","category-football-labour-market"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Working Paper: Extreme wages, performance and superstars in a market for footballers - Football Research<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Working Paper: Extreme wages, performance and superstars in a market for footballers - Football Research\" \/>\n<meta property=\"og:description\" content=\"The Football Research Group has just produced its latest research paper from one of its projects, through member Dr Carl Singleton. It has been published as a working paper in...Read More &gt;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/\" \/>\n<meta property=\"og:site_name\" content=\"Football Research\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-23T15:13:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-25T18:24:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/research.reading.ac.uk\/football-research\/wp-content\/uploads\/sites\/125\/Unorganized\/ETzeBERXgAUYELz.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1166\" \/>\n\t<meta property=\"og:image:height\" content=\"638\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Carl Singleton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carl Singleton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/\"},\"author\":{\"name\":\"Carl Singleton\",\"@id\":\"https:\/\/research.reading.ac.uk\/football-research\/#\/schema\/person\/66845389e5077a61c8bb07ce163eaff2\"},\"headline\":\"New Working Paper: Extreme wages, performance and superstars in a market for footballers\",\"datePublished\":\"2020-03-23T15:13:42+00:00\",\"dateModified\":\"2020-03-25T18:24:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/\"},\"wordCount\":201,\"publisher\":{\"@id\":\"https:\/\/research.reading.ac.uk\/football-research\/#organization\"},\"articleSection\":[\"Football\",\"Football labour market\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/\",\"url\":\"https:\/\/research.reading.ac.uk\/football-research\/new-working-paper-extreme-wages-performance-and-superstars-in-a-market-for-footballers\/\",\"name\":\"New Working Paper: Extreme wages, performance and superstars in a market for footballers - 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