Tag: collective bargaining

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MLB Basic Agreement Generates Profit for All

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Yes, it's significant that profits have stabilized at 9% league-wide. What's even more significant is that the profit is widely distributed. As profits spiked, so did the number of profitable teams.

Players Unions and the Economics of Warfare

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Unlike the NFL, the possibility of a lockout looming large despite skyrocketing revenues and fan interest, the prospect of a 1994-style labor stoppage is almost unthinkable in baseball today.

As you can see, the MLB has consistently maintained a greater disparity in payrolls than the NBA...

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Inequality_near_view

As you can see, the MLB has consistently maintained a greater disparity in payrolls than the NBA and NFL since the start of the previous decade, and the NHL since 2005. Far more interesting are the trends of salary disparities in the non-baseball leagues. Before the 2004-05 lockout season, the NHL was maintaining a level of payroll inequality similar to that of the MLB. Pro basketball has also seen payroll inequality wax and wane through time, while the NFL's distribution of salaries remains rather stable. Read more at Rational Pastime...

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