The Most Interesting Statement I Read Today

The [Hierarchical Linear] Model shows that teams do not pay differently for individual player statistics. That is, the New York Yankees pay the same for OBP, SLG, and fielding percentages as do the Kansas City Royals, once we control for other variables.

Kenneth H. Brown and Lisa K. Jepsen. “The Impact of Team Revenues on MLB Salaries,” Journal of Sports Economics, Vol. 10, No. 2, 192-203 (2009)

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