An Economic Analysis of Sports Agents for the NBA

The highest salary paid to a major leaguer in 1922 was Babe Ruth who made $50,000, which is the equivalent of $517,750 in 2005 dollars. The highest salary paid to a player in 2000 was to Alex Rodriguez who signed a contract for $21,000,000 with an increasing amount over six years that would eventually make him $27,000,000 a year. ................
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