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The Economics of Baseball in the 21st Century
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This 7 page
report discusses the issues associated with the fact that
baseball is big business. The acrimonious strike by major-league
baseball players in 1994 and 1995 dealt the game a terrible blow.
But the strike only confirmed what baseball fans already knew.
Each new season sees the game’s best players competing for the
title of highest-paid athlete. But in terms of the economics of
baseball, issues such as salary caps, revenue sharing, and
whether or not there is truly a bias in favor of “big money-big
market” teams have earned a greater amount of attention than many
of the nuances of baseball. This paper examines the fact that
there should be a greater level of parity in baseball. Nobody
denies that the character and promotion of baseball has changed.
This paper looks at issues and solutions regarding those changes
and their resolution. Bibliography lists 12 annotated sources and
copies of those sources.
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Pages:
7
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Filename:D0_BWbbal21.wps |
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Paper Title:
The Economics of Baseball in the 21st Century
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