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Professional athletes in basketball (NBA) and baseball (MLB) have fully guaranteed contracts, i.e., the entire amount...

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

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The contracts for these athletes are renewed on a regular basis. If they do not perform well in one season or series of game, then their project is not renewed and their reputation in the sports field goes for a toss.

Thus, even though the players are not paid game wise, they still hold an incentive for players to keep performing well otherwise they would be dropped from the team and their image and career would get a setback.

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