PUB - Publikationen an der Universität Bielefeld

In team sports, as well as in other group productions, some individuals are asked to show leadership skills. Although it is assumed that this ability is compensated monetarily, there is a lack of empirical evidence for this common thesis. Because in professional sports the team captains are expected to possess these leadership skills, this article will explore the impact of this ability on the salary. Controlling for individual player characteristics and performance indicators for players from the National Hockey League, the author shows that leadership ability is rewarded pecuniary by a wage premium between 21% and 35%.