RELATIONSHIP BETWEEN PLAYER PERFORMANCE AND SALARY IN A PROFESSIONAL BASEBALL LEAGUE

Chih-Cheng Chen, Chih-Jen Chuang, Tian-Shaing Kuo, Wen-Ing Chen

Abstract


This study aimed to investigate whether teams in Taiwan’s Chinese Professional Baseball League (CPBL) are paying their players fairly and equitably based on their performance. Possible performance criteria of professional baseball players are gathered from past literature before subjecting these criteria to regression analysis to obtain criteria that are significant and their corresponding weights. The TOPSIS method is then used to calculate player performance value, and with Quadrant Analysis, relationship between player performance and salary is analyzed. These were used to project salary adjustment for these players for the coming season. Finally, to determine the fairness of salary adjustments, this study employed McNemar test to examine whether adjustments are made based on player performance. This study has found innings pitched (IP), earned run average (ERA) and walks plus hits per inning pitched (WHIP) to be significant abilities in evaluating performance of pitchers, while for fielders, significant abilities for performance evaluation were batting average (BA), slugging average (SLG), hits (H) and on base percentage (OBP) . Based on these derived performance evaluation criteria, more than half of these players gave above average performance, yet their salary adjustments were not made accordingly nor were they made based on the above-mentioned criteria.

 

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players’ salary, player performance, Chinese Professional Baseball League, performance evaluation, TOPSIS, Quadrant Analysis

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References


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DOI: http://dx.doi.org/10.46827/ejpe.v0i0.1539

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