Salary determinants of NHL players

This thesis aims to examine the effect of NHL players' performances and physical properties on their salary. There have been studies about NHL salary determination, however papers are many years old and the significances may change. Models in this thesis were formulated with original structure of variables based on data from the latest regular season 2018-2019 in order to depict the most recent relationships determination. Furthermore, including the separated models for all position is not observed in any of mentioned papers. Performance variables as well as physical factors were found significant, however its significances levels and values of estimates differ among models. This thesis further extends the research by capturing the effect of goodwill that to the best of our knowledge, has not been studied yet. Moreover, it provides a quantile regression for the group of players with the highest salaries that results in differences among variables significances and estimates compared to the joint model. Goaltenders' model is very rarely investigated, since their variables differs compared to the skaters, therefore it brings new evidence of their salary determination. The goalies' model shows positive and significant result of age and games played. JEL Classification C01, C12, C51, Z20 Keywords..