1. Salary Caps for Sports Leagues
... that 19 of 28 professional clubs "lost" money according to last year's accounting books. Mr. Fehr and the players' union hired Stanford University economist Roger Noll to analyze the owners' financial information. Mr. Noll's observations revealed that the number of teams that actually lost money could ... on its hands with its smaller market, U.S.-based franchises. By then, those six Canadian NHL franchises may come out looking like models for success. NO TO CONTRACTION: In case anybody was wondering, Bettman flatly rejected the notion of contraction - which will come to baseball despit...
- Word Count: 3037
- Approx Pages: 12
- Grade Level: High School