Player Management

Player management is very important to a professional sports team and there are many different components that go into managing individual players and the team as a whole. To begin with, player management can differ depending on the type of team. A small-market team is one that produces much lower amounts of annual revenue compared to a big-market-team, one that produces high amounts of annual revenue. A contract is a legal document/agreement showing how much money a player on a team will get paid for their playing on the team. A draft is the process where teams select athletes to join them and a backup is a player ready to take over for the main player of a specific position should anything happen to the main player. If teams rise over a certain amount of money for player salaries, they must pay a luxury tax. Scouts evaluate talent for teams to look for who could one day be professional players. Teams can also trade players, which means switching players out for each of their teams. A roster is a list of players on a team and a salary cap is the maximum annual amount of money a team can pay a player. When a player is finished with his current contract and is free to sign for another or to stay on the same team, this is called free agency. When a player has reached a certain age, they can go into retirement. All this and more goes into managing players on a team.