Date of Award

Spring 2024

Degree Type



Moore School of Business

Director of Thesis

Dr. Matthew Brown

Second Reader

Dr. Johan Rewilak


The landscape of Major League Baseball’s free agency is an evolving one with numerous factors impacting negotiated contracts as player salaries escalate and teams adopt new strategies of luring players to their organizations. This study delves into the intricate dynamics of this free agent market, exploring the factors that influence contract values and negotiating power. Through empirical analysis and mathematical regressions, we explore the enduring significance of multiple factors on contract value, encompassing demographic indicators as well as on-field performance. Subsequently, we propose our own explanations of any observed inequities or significance and provide rational approaches for players and their agents to follow in entering future free agencies. By shedding light on these complex phenomena, this research seeks to equip players and their representatives with a deeper understanding of their relative value in the marketplace, creating a method through we which can observe and understand baseball’s unique labor market and advocating for fairer, more transparent contract negotiations in Major League Baseball free agency.

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© 2024, Ryan A. Crowl