National Basketball Association Salary Prediction: A Data-Driven Linear Regression Analysis
DOI:
https://doi.org/10.54097/c966f539Keywords:
National Basketball Association; player salary prediction; supervised machine learningAbstract
National Basketball Association (also known as NBA which will be used as an abbreviation throughout this essay) as one of the few most successful professional sports leagues in the world, it has been well known by the fierce physical competition among the most talented and competitive players in the realm of basketball. However, there is something else to discover behind the dazzling crossovers and sensational clutches, hidden in the reflection on the O 'Brien Cup, for example, the salary. This essay will be discussing the prediction on NBA players’ salary using multiple supervised machine learning algorithms based on a dataset of players’ on-court data and achievements, aiming for an objective result that can be used for both prediction and evaluation of players’ contracts. The result of this essay reveals which specific variables are useful for predicting players’ salary.
Downloads
References
Morgulev, E., Azar, O. H., & Lidor, R. Sports analytics and the big-data era. International Journal of Data Science and Analytics, 2018, 5: 213-222.
Sigler, K., & Compton, W. NBA Players' Pay and Performance: What Counts? Sport Journal, 2018.
Nagarajan, R., & Li, L. Optimizing NBA player selection strategies based on salary and statistics analysis. In 2017 IEEE 15th Intl Conf on Dependable, Autonomic and Secure Computing, 2017: 1076-1083.
Késenne, S. The impact of salary caps in professional team sports. Scottish journal of political economy, 2000, 47(4), 422-430.
Kahraman, C., Cebi, S., Onar, S. C., Oztaysi, B., Tolga, A. C., & Sari, I. U. Intelligent and Fuzzy Techniques for Emerging Conditions and Digital Transformation: Proceedings of the INFUS 2021 Conference, 2021, 2, Springer Nature.
Baghal, T. Are the" four factors" indicators of one factor? An application of structural equation modeling methodology to NBA data in prediction of winning percentage. Journal of Quantitative Analysis in Sports, 2012, 8(1).
Papadaki, I., & Tsagris, M. Are NBA Players’ Salaries in Accordance with Their Performance on Court? In Advances in Econometrics, Operational Research, Data Science and Actuarial Studies: Techniques and Theories, 2022: 405-428.
Ertug, G., & Castellucci, F. getting what you need: How reputation and status affect team performance, hiring, and salaries in the NBA. Academy of Management Journal, 2013, 56(2): 407-431.
Hentilä, D. The link between salary and performance: Are NBA players overpaid? Retrieve from https://digikogu.taltech.ee/en/Download/21e64f91-1694-4a9b-bb66-c2be28d3231a.
Hupu, Retrieved from https://bbs.hupu.com/39307300.html.
Basketball Reference, Retrieved from https://www.basketball-reference.com/.
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.






