Baseball Revenue Sharing
As the seasons progress in major league baseball, the economic structure of baseball is suffering from numerous problems, which are currently allowing for the competitive balance to be less than ideal. Baseball is faced with problems amongst the revenues, which there teams are receiving. This disparity in revenues is causing some teams to not be able to sign players that they need to compete: whereas, teams like the Yankees, and Braves can go out and sign basically whomever they want, and have payrolls, which are surpassing 100 million for a season. What I propose to do, in order to solve the problems with baseball is to revamp the current Luxury Tax system, come up with a minimum and maximum salary level, and develop a revenue sharing program, which will help the lesser teams out. I feel that these changes will allow for baseball to be more competitive every season, and would allow some small market teams not to move. Baseball is in need of Restructuring due to the current disparity amongst all the teams in terms of revenues. When considering any possible changes in the baseball structure, you must consider them from three different perspectives. Owners
But the problem with this is that why would the owners in the big markets like Ted Turner, and Rupert Murdoch, who spent enormous sums of money to buy their teams in the major markets why would they ever agree to allowing the small market teams to compete for free agents with them. Salary Cap What I think would work good for Major League Baseball would be to develop a minimum and a maximum salary for which teams cannot go under or over. This luxury tax needs to be at a salary level low enough, and a tax percentage at a high enough level so that the large market teams will be significantly impacted. The way, which this minimum and maximum should be derived is through how the NBA does it, the cap will be based on a percentage of league revenues, and then a number will be assigned based on that number. The NBA being the least balanced, with the home teams not sharing gate receipts with the visiting team, and the NFL being the most balanced, with a 60-40 home visitor split. My luxury tax would start above $75 million. You could propose that unless the team met the minimum payroll, then they would lose their franchise. ) The problem with the luxury tax is that the amount of money, which it is providing with the teams, is not all that much, and it is not necessarily being used to put a better team on the field. This luxury tax idea took effect in 1997 season and has continued since then. The primary issue in this agreement was that of a Luxury Tax.
Common topics in this essay:
Luxury Tax,
League Baseball,
National League,
League Baseball's,
Rupert Murdoch,
Alex Rodriguez,
Dombrowski Payroll,
Restructuring Baseball,
Expos Royals,
Bob Costas,
luxury tax,
revenue sharing,
market teams,
major league,
major league baseball,
league baseball,
competitive balance,
minimum maximum,
visiting team,
salary cap,
home team,
minimum maximum salary,
current luxury tax,
revamp current luxury,
luxury tax system,
|
Acceptance Essays
