Florida Gateway College Economics NBA and WNBA Question
I need an explanation for this Economics question to help me study.
Research the average salary for 2020-21 for the NBA. Then, do the same for the WNBA. Look up what percentage of NBA revenue goes to the players and what percentage of WNBA revenues go to those players. Using economic theory, discuss why there are differences between the salaries and the revenue sharing for the two leagues.