Not too long ago – before the salary cap -- teams were unconstrained in the amount of money they could spend to attract hockey’s top talents. Not surprisingly, the difference between what large market teams spent and small market teams spent was large, and it showed on the ice. (Although spending more was certainly no […]
Monthly archives for November, 2014
Leveling the Playing Field: A Look at Parity in the NHL
This week’s column in The Star looked at parity in the NHL. Parity refers to the extent to which teams are equal in terms of talent and ability. The specific form of parity that was addressed concerned the extent to which teams are evenly matched in a given season. (Sports economists also look at measures […]