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Salary Cap and Major League Baseball
The Salary Cap and Major League Baseball
Major League Baseball has seen a dramatic increase in competitive imbalance since the strike shortened season of 1994. Following the model found in the Major League Baseball Blue Ribbon Report competitive balance will exist when there are no clubs chronically weak because of Major League Baseball’s structural features. Proper competitive balance will not exist until every well-run club has a regularly recurring reasonable hope of reaching postseason play. One of the primary reasons for the competitive imbalance that does occur in Major League Baseball is the disparity that exists in how much revenue teams bring in. A portion of, mostly large market, teams such as the New York Yankees, Boston Red Sox, and New York Mets are able to bring in large amounts of revenue. Other mainly small market teams such as the Minnesota Twins, Milwaukee Brewers, and Montreal Expos can only generate small amounts of revenue. This has created a situation where teams that can generate a large amount of revenue have the best teams because they have the money to sign the best players and have the highest payrolls. The teams that have the highest payrolls also tend to have the highest winni
Approximate Word count = 1920
Approximate Pages = 8 (250 words per page double spaced)
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