National Basketball Association Player Salary Prediction Using Supervised Machine Learning Methods

Emirhan Özbalta*, Mücahit Yavuz, Tolga Kaya

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Basketball is one of the most popular sports in the world and National Basketball Association (NBA) is the main figure for it. With the purpose of sustaining the balance between the basketball teams in the league, salary cap is implemented for all the teams in NBA. Considering the salary cap, decision makers of basketball teams should be careful while spending their budget. Since there are no transfer fees in NBA, salaries are the main expense for basketball teams. Therefore, determining the salaries of basketball players while making contracts is crucial to compose the best possible basketball team. In this research, dataset from the NBA 2K20 MyTeam video game and NBA players’ performance statistics of 2019–2020 season will be combined to predict the salaries for new contracts of NBA players by using machine learning methods. Shrinkage methods will be used to select best subsets. After, regression and decision tree models will be used to see which one produces the best mean squared error values. Results show that predicted salaries are very close to the new contract salaries of NBA players.

Original languageEnglish
Title of host publicationIntelligent and Fuzzy Techniques for Emerging Conditions and Digital Transformation - Proceedings of the INFUS 2021 Conference
EditorsCengiz Kahraman, Selcuk Cebi, Sezi Cevik Onar, Basar Oztaysi, A. Cagri Tolga, Irem Ucal Sari
PublisherSpringer Science and Business Media Deutschland GmbH
Pages189-196
Number of pages8
ISBN (Print)9783030855765
DOIs
Publication statusPublished - 2022
EventInternational Conference on Intelligent and Fuzzy Systems, INFUS 2021 - Istanbul, Turkey
Duration: 24 Aug 202126 Aug 2021

Publication series

NameLecture Notes in Networks and Systems
Volume308
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

ConferenceInternational Conference on Intelligent and Fuzzy Systems, INFUS 2021
Country/TerritoryTurkey
CityIstanbul
Period24/08/2126/08/21

Bibliographical note

Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Keywords

  • Basketball
  • Machine learning
  • NBA
  • Random forest
  • Sports analytics
  • Supervised learning

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