Professional athletes in basketball (NBA) and baseball (MLB)have fully guaranteed contracts, i.e., the entire amount of theircontract has to be paid no matter how well (or poorly) they play.How does this provide an incentive to the athletes to perform wellon the field? Please give an explain.

Answer rating: 100% (QA)

The contracts for these athletes are renewed on a regular basis If they do not perfo... View the full answer