Word: capping
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Sure, I’ve heard the arguments about competitive imbalance in baseball, how a salary cap is needed to curtail spending, and how most teams are effectively eliminated from competition before the season even begins. But did the 2003 Marlins, who had a payroll of just $51MM, 21st in the big leagues, or the 2002 Anaheim Angels, whose $62MM payroll was 16th, hear those arguments? Neither team was given a chance before the start of the season, but both went on to capture the wild card berth and then win the World Series. Baseball is more competitive now than...
...bemoan exactly the type of huge contracts that were handed out in the Bronx and Queens last weekend, baseball’s current economic situation is the reason the game generates so much energy in the off-season. Free agency and the absence of a salary cap create as close to a free market for players as exists in professional sports, leaving teams open to sign and trade players as they see fit—an exercise that is extremely curtailed in the NBA and NFL due to the presence of restrictive salary caps...
Thanks, but I’ll take the “competitive imbalance” of baseball over football’s salary cap-driven parity. Baseball’s off-season is too much fun. You can watch the 8-8 Vikings and the 8-8 Rams battle it out this weekend in a showcase of football’s finest—I’ve got some Sammy Sosa trade rumors to read about...
...governor will also propose to begin phasing out the Lottery Aid cap implemented in 2002, which limits the amount of Lottery Aid that can be distributed as local aid, in 2006, according to a press release, which is a year ahead of schedule...
...statewide cap is currently at $778 million...