1. Salary Caps for Sports Leagues
He replaced one who didn't, Fay Vincent. ... Baseball as a business, pastime or not, is subject to all the economics textbook formulas of labor, management, cost and a capricious market. ... The current system gives players the right to auction their batting and fielding wizardry to the highest bidder after six years in the majors. ... It might be for the best if baseball fans simply concede that baseball is more than sport and pastime; it is economics, politics and ethics. ... BASEBALL, with all its woes, is still America's greatest obsession. ...
- Word Count: 3037
- Approx Pages: 12
- Grade Level: High School