However, if the current rules remain in place and baseball continues without a salary cap, the only hope a small market team may have is to fend for themselves on the big market with financially superior teams. This becomes an exceedingly harder task when one team can afford the salary of two top players while those contracts are equal to the entire payroll of another team’s entire roster. Therefore, the question remains should baseball implement a salary cap, and if they do, how would it come into play. When asking the question regarding the salary cap, four supporting ideas arise for either the implementation of a salary cap or keeping it nonexistent.
When looking into the history of our culture, there are many subtopics that fall under the word, “history.” Topics such as arts and literature, food, and media fall into place. Among these topics reside sports. Since the beginning of time, sports have persisted as an activity intertwined with the daily life of people. Whether it is a pick-up game of football in the backyard, or catching an evening game at the local stadium, sports have become the national pastime. According to Marcus Jansen of the Sign Post, more specifically, baseball is America’s national pastime, competing with other sports (Jansen 1). Providing the entertainment that Americans pay top dollar for, live the role models, superstars, and celebrities that put on a jersey as their job. As said in an article by Lucas Reilly, Americans spend close to $25.4 billion dollars on professional sports (Reilly 4). The people that many children want to be when they grow up are not the firefighters or astronauts told about in bed time stories. These dream jobs or fantasies have become swinging a bat or tossing a football in front of millions of screaming fans. When asked why so many dream of having such job, the majority will respond with a salary related answer. In today’s day and age, the average athlete is paid more than our own president. The cold hard facts show that in professional sports, the circulation of money is endless. Certain teams in professional baseball and football are worth over millions of dollars. Consequently, the teams who are worth more are able to spend more. The issue that arises with this philosophy is virtually how much more? League managers, team owners and other sports officials have sought out a solution to the surfacing problem. Is it fair to let...
While the outcry against the outrageous contracts that the players receive only recently become national news, the anger towards the players for this dates back to the beginning of the game. However, since the creation of free agency in 1976, the increase in pay has become out of control. In order to see this, one only has to look at the first two years of free agency, where salaries doubled (Bodley, 2000, par. 17). Additionally, the average salary is currently forty times higher than it was in 1976 (Fisher & Heller, 2001, par. 4).
I believe that baseball does need a salary cap or at least a way for the smaller teams to have more money to compete. A lot of compromises need to take place for the two sides to come to a final outcome. I hope that this can be done in the near future without taking anything away from the game.
The economics of baseball has grown since the beginning and has become more complicated every year. Baseball players are now making millions of dollars to do something that they love and enjoy. It's not their fault the money they can receive has reached the million mark, even for some of the less talent of ball players. This has happened to all sports, but especially to the American pastime. Baseball is more of a business than just a game and many things have made it this way. A lot of reasons have contributed to the rising salaries there is today and it will not stop there. The amount of baseball contracts will keep rising each year.
Lord, J. (2014). Chapter 6: Expansion, Realignment, and Interleague Play: Bringing Baseball into the 1990s . Bill Giles & Baseball. Philadelphia: Temple University Press.
Hundreds of millions of people around the world play or watch soccer. There are more than one hundred and fifty professional leagues in the world for soccer. While America has one major soccer league in the country Europe has a handful. Soccer is becoming more popular in America, but is far from having the popularity similar to overseas. Soccer has progressed in America from the North American Soccer League to Major League Soccer. The fact is, soccer overseas has had more time to grow and develop. In time, the MLS can become a powerhouse for soccer in the world alongside the premier leagues.Eventually, the MLS will compete with the pace, shots, and skills observed on and off the ball.
Baseball used to be a simple game, associated with the smell of hot dogs, the sweet dew of the night air as fans rose for the seventh inning stretch, and the beautiful spectacle of the field with its freshly cut grass and newly chalked base lines. Now it seems like each game is won by at least five runs, the stadiums are half empty, and the pride of a baseball radio announcer, once an honorable career, has dwindled along with the game. Additionally, since 1976 players’ salaries have increased 168% a year, numbers too high to be blamed on inflation (Breton 4). These current conditions reflect the growing corruption of baseball.
Baseball is a part of the past, present and future. Unfortunately for two unlucky teams, the future is as bleak as the cold January mornings in State College. Ever since the “Strike of 1993,” baseball has been financially hurting. What fan wants to go and watch a bunch of greedy, overpaid, crybaby million dollar athletes after they decided not to play as a demonstration of their demands for even more money? However, baseball was soon on the proverbial road to recovery as the...
Money has always been a part of soccer's history. Players would move for bigger and better wages all the time throughout history. Especially during the height of soccer in the United States and the NASL. As time progressed more clubs began to buy out players contracts from their teams in a way of transferring big names to the team. Soccernomics, by Simon Kuper and Stefan Szymanski, describes how purchasing players for mass amounts of money became the norm in the soccer world today. Kuper and Szymanksi studied the influence of transfer market changes from 1978 to 1997 finding that, “transfers explained only 16 percent of their total variation in league position. By contrast, their spending on salaries explained a massive 92 percent variation” (48). This is due to the fact that when players are paid higher salaries they settle in with the team better knowing that the team is putting trust in them; instead of constantly buying new players and messing with team chemistry. Teams spend absurd amounts of money on players that statistically wi...
Starr, M. (2004, January 6). Freddy Adu: a strong kick for the American soccer. Newsweek. Retrieved March 17, 2004, from http://msnbc.msn.com/id/3067737/
...nged other soccer leagues in Europe as well the struggling NFL. The ASL’s stars would eventually lead the United States to a third-place finish in the very first soccer World Cup in 1930. Soccer almost became a major sport in the USA. But, just before the 1930 World Cup, disaster struck. The ASL clashed with the USFA (United States Football Association) because the ASL wanted to use rules that were never used before in soccer. The ASL was eventually brought to an end in 1933. Although this was a big tragedy for American soccer, it has started to show signs of life again. Soccer has started to gain popularity again, with top players from around the world playing in America’s MLS (Major League Soccer), and many fans cheering on MLS teams and the USA national soccer team. If this continues, then, maybe one day, American soccer will return to its illustrious golden age.
Wolfe, Richard, et al. "Moneyball: A Business Perspective." International Journal of Sport Finance 2.4 (2007): 249-62.ProQuest. Web. 24 Nov. 2013.
As a result of it’s fair share of money among all twenty clubs, the Barclays Premier league is the best league. The English league has been the only league that evenly distributes its earnings in television money to all of it’s clubs since it was first created in 1992(HubPages). The even distribution in the Barclays Premier allows for all clubs to invest in better squads,which makes the league fairly competitive. Such fair system of distribution isn’t the same for many of today's best known leagues, as they decide to give a bigger sum of money to the big clubs in the league and a small amount to the smaller clubs. This system only makes their league less competitive as there is not many clubs in the league that can afford to invest in bigger squads. As the Barclay’s Premier league continues to earn mo...